MESA - Mesa Air Group, Inc.
8.89 0.00 (0.00%)
After hours: 4:00PM EST
| Previous Close | 8.73 |
| Open | 8.75 |
| Bid | 8.85 x 900 |
| Ask | 9.88 x 800 |
| Day's Range | 8.69 - 8.92 |
| 52 Week Range | 5.35 - 12.28 |
| Volume | 480,098 |
| Avg. Volume | 265,858 |
| Market Cap | 291.001M |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | 5.45 |
| EPS (TTM) | 1.63 |
| Earnings Date | Dec 11, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 12.83 |
- American City Business Journals
Mesa Air extends contract with United Airlines; faces further issues with American
Phoenix-based regional air carrier Mesa Air (Nasdaq: MESA) finally reached an agreement with United Airlines Inc., extending its operating contract and adding 20 Embraer E175 LL aircraft to its fleet.
- Zacks
Earnings Preview: Mesa Air (MESA) Q4 Earnings Expected to Decline
Mesa Air (MESA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- GlobeNewswire
Mesa Air Group Adds New Aircraft, Extends Contract with United Airlines
Mesa Air Group, Inc. (NASDAQ: MESA) announced today it will add 20 new Embraer E175 LL aircraft to its United Express fleet. The aircraft will be owned and financed by Mesa and be covered under a 12-year capacity purchase agreement. The aircraft, which are owned by United, are now contracted through the end of 2024 with rights to extend through 2027.
- GlobeNewswire
Mesa Air Group Announces Change to Agreement with American Airlines
PHOENIX, Dec. 02, 2019 -- Mesa Air Group, Inc. (NASDAQ: MESA) announced today that under the recent amendment to its agreement with American Airlines, the company did not meet.
- GlobeNewswire
Mesa Air Group Announces 2019 Fourth Quarter and Fiscal Year-End Earnings Release and Conference Call Date
PHOENIX, Nov. 14, 2019 -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its 2019 fourth quarter and fiscal year-end earnings after the market closes on Wednesday, December.
- Insider Monkey
Hedge Funds Have Never Been This Bullish On Mesa Air Group, Inc. (MESA)
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
- Simply Wall St.
What Does Mesa Air Group, Inc.’s (NASDAQ:MESA) 13% ROCE Say About The Business?
Today we'll look at Mesa Air Group, Inc. (NASDAQ:MESA) and reflect on its potential as an investment. In particular...
- American City Business Journals
Countdown: The U.S. airlines most often guilty of mishandling baggage
Among the issues air travelers face when trying to reach their final destination, customers' luggage ending up damaged, misplaced or delayed happens far too often.
- American City Business Journals
Countdown: The U.S. airlines with the most consumer complaints
Check out the U.S. airlines with the most consumer complaints, according to the U.S. Department of Transportation's July 2019 report.
- GlobeNewswire
Mesa Air Group Announces New Senior Vice President of Flight Operations
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.
- Simply Wall St.
Mesa Air Group (NASDAQ:MESA) Seems To Be Using An Awful Lot Of Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
- TipRanks
Deutsche Bank Bets on Mesa Air Group (MESA) and Microsoft (MSFT) Stocks
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)
- Motley Fool
Mesa Air Group Stock Crashes 32% on Operational Problems
A spike in reliability problems came at the worst possible moment for the regional airline.
Motley FoolMesa Air Group, Inc. (MESA) Q3 2019 Earnings Call Transcript
MESA earnings call for the period ending June 30, 2019.
- GlobeNewswire
Mesa Air Group Announces Third Quarter Fiscal Year 2019 Results
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.
- Zacks
Azul (AZUL) Gears Up for Q2 Earnings: A Beat in the Offing?
Solid passenger revenues are expected to boost Azul's (AZUL) second-quarter 2019 results.
- Zacks
Mesa Air (MESA) Earnings Expected to Grow: Should You Buy?
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.
- GlobeNewswire
Mesa Air Group Announces 2019 Third Quarter Earnings Release and Conference Call Date
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.
- Simply Wall St.
Need To Know: Mesa Air Group, Inc. (NASDAQ:MESA) Insiders Have Been Selling Shares
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
