Holdings of Mesa Air Group Inc (MESA) are aligned with the stars

With 0.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.25 million shares. During the session, the Airlines company that operates in wider Industrials sector, reached to the highest price of $1.33 whereas the lowest price it dropped to was $1.12. The 52-week range on MESA shows that it touched its highest point at $1.89 and its lowest point at $0.55 during that stretch. It currently has a 1-year price target of $2.00. Beta for the stock currently stands at 3.12.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MESA was up-trending over the past week, with a rise of 21.56%, but this was up by 35.56% over a month. Three-month performance surged to 10.42% while six-month performance fell -23.41%. The stock gained 29.90% in the past year, while it has gained 31.19% so far this year.

Float and Shares Shorts:

At present, 41.31 million MESA shares are outstanding with a float of 32.32 million shares on hand for trading. On 2024-11-29, short shares totaled 0.24 million, which was 57.99999999999999 higher than short shares on 1730332800. In addition to Mr. Jonathan G. Ornstein as the firm’s Chairman & CEO, Mr. Michael J. Lotz serves as its President & CFO.

Institutional Ownership:

Through their ownership of 0.11826 of MESA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, MESA reported revenue of $110793000.0 and operating income of -$1147000.0. The EBITDA in the recently reported quarter was $8725000.0 and diluted EPS was -$0.48.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MESA since 0 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

Analysts have provided yearly estimates in a range of $0.4677 being high and $0.4677 being low. For MESA, this leads to a yearly average estimate of $0.4677. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.