Mesa Air Group Inc. (NASDAQ:MESA) went up by 3.34% from its latest closing price compared to the recent 1-year high of $17.40. The company’s stock price has collected -3.33% of loss in the last five trading sessions. Press Release reported on 06/08/21 that Mesa Air Group Reports May 2021 Operating Performance
Is It Worth Investing in Mesa Air Group Inc. (NASDAQ :MESA) Right Now?
Mesa Air Group Inc. (NASDAQ:MESA) scored a price-to-earnings ratio above its average ratio, recording 10.13 x from its present earnings ratio. Opinions of the stock are interesting as 2 analysts out of 5 who provided ratings for Mesa Air Group Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $13.20, which is $3.61 above the current price. MESA currently public float of 31.70M and currently shorts hold a 5.68% ratio of that float. Today, the average trading volume of MESA was 1.03M shares.
MESA’s Market Performance
MESA stocks went down by -3.33% for the week, with a monthly drop of -12.02% and a quarterly performance of -42.16%, while its annual performance rate touched 116.48%. The volatility ratio for the week stands at 4.08% while the volatility levels for the past 30 days are set at 5.95% for Mesa Air Group Inc.. The simple moving average for the period of the last 20 days is -6.17% for MESA stocks with a simple moving average of 21.63% for the last 200 days.
Analysts’ Opinion of MESA
Many brokerage firms have already submitted their reports for MESA stocks, with Deutsche Bank repeating the rating for MESA by listing it as a “Buy.” The predicted price for MESA in the upcoming period, according to Deutsche Bank is $15 based on the research report published on May 11th of the current year 2021.
Deutsche Bank, on the other hand, stated in their research note that they expect to see MESA reach a price target of $15. The rating they have provided for MESA stocks is “Hold” according to the report published on March 04th, 2021.
BofA Securities gave a rating of “Buy” to MESA, setting the target price at $15 in the report published on February 17th of the current year.
MESA Trading at -15.24% from the 50-Day Moving Average
After a stumble in the market that brought MESA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.89% of loss for the given period.
Volatility was left at 5.95%, however, over the last 30 days, the volatility rate increased by 4.08%, as shares sank -7.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.68% lower at present.
During the last 5 trading sessions, MESA fell by -3.33%, which changed the moving average for the period of 200-days by +166.39% in comparison to the 20-day moving average, which settled at $10.18. In addition, Mesa Air Group Inc. saw 43.35% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at MESA starting from ORNSTEIN JONATHAN G, who sale 5,000 shares at the price of $16.08 back on Mar 12. After this action, ORNSTEIN JONATHAN G now owns 500,000 shares of Mesa Air Group Inc., valued at $80,400 using the latest closing price.
ORNSTEIN JONATHAN G, the CEO of Mesa Air Group Inc., sale 20,000 shares at $17.08 during a trade that took place back on Mar 11, which means that ORNSTEIN JONATHAN G is holding 505,000 shares at $341,600 based on the most recent closing price.
Stock Fundamentals for MESA
Current profitability levels for the company are sitting at:
- -0.67 for the present operating margin
- +8.91 for the gross margin
The net margin for Mesa Air Group Inc. stands at +5.04. The total capital return value is set at -0.29, while invested capital returns managed to touch 2.54. Equity return is now at value 7.40, with 2.30 for asset returns.
Based on Mesa Air Group Inc. (MESA), the company’s capital structure generated 183.07 points at debt to equity in total, while total debt to capital is 64.67. Total debt to assets is 51.01, with long-term debt to equity ratio resting at 132.13. Finally, the long-term debt to capital ratio is 46.68.
When we switch over and look at the enterprise to sales, we see a ratio of 1.54, with the company’s debt to enterprise value settled at 1.00. The receivables turnover for the company is 29.63 and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.44.