7.05 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||7.10 x 1400|
|Ask||7.42 x 900|
|Day's Range||7.01 - 7.37|
|52 Week Range||5.35 - 15.95|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||4.32|
|Earnings Date||Dec 2, 2019 - Dec 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.17|
Check out the U.S. airlines with the most consumer complaints, according to the U.S. Department of Transportation's July 2019 report.
Mesa Air Group, Inc. (NASDAQ: MESA) today named Brad Holt as its new Senior Vice President of Flight Operations. “Brad brings decades of experience in this industry to our flight operations department,” said Jonathan Ornstein, Mesa Air Group Chairman and Chief Executive Officer.
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
If you are looking for investing inspiration, Deutsche Bank analysts have some valuable tips. The banking giant has recently released a few reports advising investors to pull the trigger and load up shares of US airline Mesa Air Group (MESA) and tech giant Microsoft (MSFT). Let's delve deeper into these reports to see why MESA and MSFT are poised to outperform:Mesa Air Group Still Strong Buy After Weak EarningsIt’s no secret that the commercial aviation company struggled during its June quarter. While shares have declined 25% year-to-date, 5-star Deutsche Bank analyst Michael Linenberg tells investors to block out the bearish noise surrounding Mesa's lackluster Q3 earnings release.On August 8, MESA reported adjusted EPS reached $0.30, coming in below Linenberg’s $0.45 estimate. Operating expenses also exceeded the analyst’s original $149 million prediction, totaling $163 million. Management attributed this to higher than expected flight operations costs.MESA faced operational issues that included a ground damage incident and longer c-check turn times on its CRJ-900s. This resulted in three of its planes being sidelined for the entirety of the third quarter. More bad news followed after an industry-wide failure left MESA unable to meet the performance criteria under its capacity purchase agreement (CPA) with American Airlines (AAL), causing two planes to be removed from the agreement.Linenberg points out that prior to the operational disturbances, MESA had a 99.6% controllable completion factor, exceeding the requirements of its American agreement. He also notes that the company should be able to extend its contract to continue operating its Embraer E175 planes for United Continental (UAL), which is set to expire sometime between August 31 and December 31.“We continue to favor MESA for its low-cost structure, ample supply of pilots and attractive growth prospects. We believe the company's earnings trajectory is being underappreciated by the market, as MESA remains the most attractively priced airline stock in our coverage universe, trading at approximately 3.2x our 2019 EPS estimate,” Linenberg noted.As a results, the analyst reiterates a Buy rating on Mesa stock, with $17 price target, which implies about 195% upside from current levels.As always, we like to give credit where credit is due. According to TipRanks, which measures analysts’ and bloggers’ success rate based on how their calls perform, Linenberg has yielded a yearly average return of 19.7% with a 61% success rate. Notably, Linenberg is ranked 152 out of 5,232 analysts.All in all, the rest of the Street mirrors the analyst’ sentiment. MESA has a ‘Strong Buy’ analyst consensus and a $12 average price target, indicating 94% upside potential. (See MESA’s price targets and analyst ratings on TipRanks)Microsoft Stock Has More Room to ShineMicrosoft has recently became the target of criticism after it placed restrictions on the transfer of Microsoft SQL Server and Windows Server licenses to third party clouds. Both Amazon (AMZN) and Google (GOOGL) were quick to call out MSFT for forcing customers into using a single vendor.Starting October 1, Microsoft’s customers will need to acquire “license mobility” or pay an additional fee to deploy the licenses on rival cloud infrastructures. Deutsche Bank's Karl Keirstead writes that it’s unclear exactly what the “license mobility” cost will be, but that it will likely be enough to keep customers using its Azure cloud infrastructure. He argues that the restrictions are part of MSFT’s efforts to simplify licensing as well as increase demand and revenue for Azure.“The impact seems small as long as these higher fees only apply to single-tenant services. We believe it is highly unlikely that MSFT makes bolder moves to raise the cost of deploying MSFT licenses on AWS or Google multi-tenant services, as this would be highly disruptive to MSFT customers and jeopardize a material MSFT-on-AWS revenue stream,” added Keirstead.MSFT could even get a boost from these restrictions. The analyst points out that some customers may want to add new MSFT licenses before October 1 to avoid the new fees.Overall, Keirstead’s bullish thesis remains unchanged. He reiterates a Buy rating on MSFT stock, with $155 price target, implying 16% upside potential. (To watch Keirstead's track record, click here)All in all, this 'Strong Buy' stock is no Wall Street secret. After all, in just three months, MSFT has attracted 20 'buys from best-performing analysts. With a return potential of 15%, the stock's consensus price target stands at $153.52. (See MSFT’s price targets and analyst ratings on TipRanks)
PHOENIX, Aug. 08, 2019 -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported third quarter Fiscal Year 2019 financial and operating results. Highlights for Third Quarter.
Mesa Air (MESA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PHOENIX, July 19, 2019 -- Mesa Air Group, Inc. (NASDAQ: MESA) announced today it will release its 2019 third quarter earnings after the market closes on Thursday, August 8. The.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
Insider Monkey finished processing more than 738 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2019. In this article we are going to take a look at smart money sentiment towards Mesa Air Group, Inc. (NASDAQ:MESA). Is Mesa Air Group, Inc. (NASDAQ:MESA) the […]
On a per-share basis, the Phoenix-based company said it had profit of 38 cents. Earnings, adjusted for non-recurring costs, were 46 cents per share. The results missed Wall Street expectations. The average ...
PHOENIX, May 09, 2019 -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported second quarter Fiscal Year 2019 financial and operating results. Highlights for Second Quarter.
PHOENIX, April 30, 2019 -- Mesa Air Group, Inc. (NASDAQ: MESA) announced today it will release its 2019 second quarter earnings after the market closes on Thursday, May 9. The.
Today we are going to look at Mesa Air Group, Inc. (NASDAQ:MESA) to see whether it might be an attractive investment prospect. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into h...
Mesa Air Group, Inc. (NASDAQ: MESA) thanks longtime Board of Directors member Dan Altobello for 21 years of serving Mesa Air Group as he retires today. Altobello joined the Board of Directors in 1998, and has most recently been a member of the Compensation Committee and the Corporate Governance/Nominating Committee. “My first encounter with Dan was at my first board meeting where he voted against my nomination as CEO,” said Jonathan Ornstein, Mesa Air Group Chairman and Chief Executive Officer.
PHOENIX, March 20, 2019 -- Mesa Air Group, Inc. (NASDAQ: MESA) today named Mark Ade as its new Vice President of United Express Operations. Ade brings 30 years of industry.
Mesa Air Group, Inc. (NASDAQ: MESA) today named Brad Rich as its new Executive Vice President and Chief Operating Officer. Rich brings over 30 years of airline industry leadership experience to this role, where he will oversee the airline’s operations and performance, and report directly to Mesa Air Group CEO Jonathan Ornstein. Most recently, Rich served as United Airlines’ Senior Vice President of United Express Operations, where he oversaw the carrier’s relationship with its regional partners, including Mesa.