The closing price of Mesa Air Group Inc. (NASDAQ: MESA) was $0.81 for the day, down -7.04% from the previous closing price of $0.87. In other words, the price has decreased by -$0.0611 from its previous closing price. On the day, 618528 shares were traded.
Ratios:
Our analysis of MESA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.52. In the meantime, Its Debt-to-Equity ratio is 2.70 whereas as Long-Term Debt/Eq ratio is at 1.86.
On January 07, 2022, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $12 to $8.
Deutsche Bank Downgraded its Buy to Hold on December 10, 2021, whereas the target price for the stock was revised from $15 to $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MESA now has a Market Capitalization of 33.03M and an Enterprise Value of 541.11M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.17. Its current Enterprise Value per Revenue stands at 1.09 whereas that against EBITDA is -29.12.
Stock Price History:
Over the past 52 weeks, MESA has reached a high of $3.16, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is 0.9292, while the 200-Day Moving Average is calculated to be 1.2819.
Shares Statistics:
MESA traded an average of 1.66M shares per day over the past three months and 318.94k shares per day over the past ten days. A total of 40.94M shares are outstanding, with a floating share count of 32.04M. Insiders hold about 21.75% of the company’s shares, while institutions hold 13.44% stake in the company. Shares short for MESA as of Feb 29, 2024 were 1.5M with a Short Ratio of 0.91, compared to 2M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.67% and a Short% of Float of 3.80%.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.15 and a low estimate of -$0.15, while EPS last year was -$0.37. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$1.49 and -$1.49 for the fiscal current year, implying an average EPS of -$1.49. EPS for the following year is -$0.09, with 1 analysts recommending between -$0.09 and -$0.09.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $114M to a low estimate of $114M. As of the current estimate, Mesa Air Group Inc.’s year-ago sales were $125.63M, an estimated decrease of -9.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $126M, a decrease of -14.40% less than the figure of -$9.00% in the same quarter last year. There is a high estimate of $126M for the next quarter, whereas the lowest estimate is $126M.
A total of 1 analysts have provided revenue estimates for MESA’s current fiscal year. The highest revenue estimate was $497M, while the lowest revenue estimate was $497M, resulting in an average revenue estimate of $498.06M. In the same quarter a year ago, actual revenue was $531M, down -6.20% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $562M in the next fiscal year. The high estimate is $562M and the low estimate is $562M. The average revenue growth estimate for next year is up 12.80% from the average revenue estimate for this year.
