The 36-month beta value for MESA is at 3.12. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MESA is 32.32M, and currently, shorts hold a 0.71% of that float. The average trading volume for MESA on December 26, 2024 was 246.31K shares.
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MESA) stock’s latest price update
Mesa Air Group Inc (NASDAQ: MESA)’s stock price has plunge by 10.53relation to previous closing price of 1.14. Nevertheless, the company has seen a 15.60% surge in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-02 that LAKEWOOD, Colo., Oct. 02, 2024 (GLOBE NEWSWIRE) — Mesa Laboratories, Inc. (NASDAQ:MLAB) (we, us, our, “Mesa” or the “Company”) today announced that its Board of Directors has declared a regular quarterly dividend of $0.16 per share of common stock. The dividend will be payable on December 16, 2024, to shareholders of record at the close of business on November 29, 2024.
MESA’s Market Performance
Mesa Air Group Inc (MESA) has seen a 15.60% rise in stock performance for the week, with a 28.91% gain in the past month and a 5.00% surge in the past quarter. The volatility ratio for the week is 9.67%, and the volatility levels for the past 30 days are at 7.43% for MESA. The simple moving average for the past 20 days is 14.86% for MESA’s stock, with a 10.19% simple moving average for the past 200 days.
Analysts’ Opinion of MESA
BofA Securities, on the other hand, stated in their research note that they expect to see MESA reach a price target of $8, previously predicting the price at $12. The rating they have provided for MESA stocks is “Neutral” according to the report published on January 07th, 2022.
Deutsche Bank gave a rating of “Hold” to MESA, setting the target price at $7 in the report published on December 10th of the previous year.
MESA Trading at 27.97% 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 -33.33% of loss for the given period.
Volatility was left at 7.43%, however, over the last 30 days, the volatility rate increased by 9.67%, as shares surge +20.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.03% upper at present.
During the last 5 trading sessions, MESA rose by +12.84%, which changed the moving average for the period of 200-days by +52.44% in comparison to the 20-day moving average, which settled at $1.0955. In addition, Mesa Air Group Inc saw 24.75% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MESA
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.07 for the gross margin
The net margin for Mesa Air Group Inc stands at -0.2. The total capital return value is set at -0.05. Equity return is now at value -52.06, with -11.61 for asset returns.
Based on Mesa Air Group Inc (MESA), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 2.67. The interest coverage ratio of the stock is -0.58.
Currently, EBITDA for the company is -18.58 million with net debt to EBITDA at -52.87. When we switch over and look at the enterprise to sales, we see a ratio of 0.86. The receivables turnover for the company is 79.88for trailing twelve months and the total asset turnover is 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
In conclusion, Mesa Air Group Inc (MESA) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
