Mesa Air Group Stock Performance
| MESA Stock | USD 0.92 0.01 1.08% |
Mesa Air has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.34, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Mesa Air will likely underperform. Mesa Air Group right now secures a risk of 3.02%. Please verify Mesa Air Group skewness and the relationship between the daily balance of power and relative strength index , to decide if Mesa Air Group will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Mesa Air Group are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Mesa Air is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Deadly pedestrian crash in north Phoenix unsettling discovery made in Mesa Nightly Roundup | 02/16/2024 |
2 | Exercise or conversion by Harvey Schiller of 28935 shares of Mesa Air subject to Rule 16b-3 | 02/26/2024 |
3 | Mesa Launches Dogs in Paris Collection - A Line of Framed Dog Photography | 03/13/2024 |
4 | Will Marten Transport and Mesa Air deliver in April | 03/28/2024 |
5 | Echodyne Showcases MESA Radars at Milipol Asia-Pacific TechX Summit 2024 Amidst Expanding Footprint in the Asian Market | 04/02/2024 |
6 | Acquisition by Bradford Rich of 4607 shares of Mesa Air subject to Rule 16b-3 | 04/15/2024 |
7 | GRAPHIC Woman accused of attacking school bus driver who was dropping off kids | 04/19/2024 |
8 | Smith leads Mesa mayoral race for cash | 04/22/2024 |
9 | Mesa sees spike in industrial vacancies | 04/29/2024 |
| Begin Period Cash Flow | 61 M |
Mesa |
Mesa Air Relative Risk vs. Return Landscape
If you would invest 89.00 in Mesa Air Group on February 1, 2024 and sell it today you would earn a total of 3.00 from holding Mesa Air Group or generate 3.37% return on investment over 90 days. Mesa Air Group is currently generating 0.0985% in daily expected returns and assumes 3.0229% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of stocks are less volatile than Mesa, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Mesa Air Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mesa Air's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mesa Air Group, and traders can use it to determine the average amount a Mesa Air's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0326
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| Cash | Small Risk | MESA | High Risk | Huge Risk |
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Estimated Market Risk
| 3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Mesa Air is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mesa Air by adding it to a well-diversified portfolio.
Mesa Air Fundamentals Growth
Mesa Stock prices reflect investors' perceptions of the future prospects and financial health of Mesa Air, and Mesa Air fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mesa Stock performance.
| Return On Equity | -0.47 | ||||
| Return On Asset | -0.0231 | ||||
| Profit Margin | (0.24) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 545.04 M | ||||
| Shares Outstanding | 40.94 M | ||||
| Price To Earning | 1.46 X | ||||
| Price To Book | 0.17 X | ||||
| Price To Sales | 0.07 X | ||||
| Revenue | 498.06 M | ||||
| Gross Profit | 115.04 M | ||||
| EBITDA | 23.19 M | ||||
| Net Income | (120.12 M) | ||||
| Cash And Equivalents | 54.45 M | ||||
| Cash Per Share | 1.50 X | ||||
| Total Debt | 541.01 M | ||||
| Debt To Equity | 1.59 % | ||||
| Current Ratio | 0.40 X | ||||
| Book Value Per Share | 4.89 X | ||||
| Cash Flow From Operations | (24.09 M) | ||||
| Earnings Per Share | (3.04) X | ||||
| Market Capitalization | 38.12 M | ||||
| Total Asset | 898.47 M | ||||
| Retained Earnings | (71.12 M) | ||||
| Working Capital | (129.32 M) | ||||
| Current Asset | 150.29 M | ||||
| Current Liabilities | 243.77 M | ||||
About Mesa Air Performance
To evaluate Mesa Air Group Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Mesa Air generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Mesa Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Mesa Air Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Mesa's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 25.42 | 23.52 | |
| Return On Tangible Assets | (0.16) | (0.15) | |
| Return On Capital Employed | (0.13) | (0.15) | |
| Return On Assets | (0.13) | (0.15) | |
| Return On Equity | (0.69) | (0.66) |
Things to note about Mesa Air Group performance evaluation
Checking the ongoing alerts about Mesa Air for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mesa Air Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mesa Air Group has some characteristics of a very speculative penny stock | |
| Mesa Air Group had very high historical volatility over the last 90 days | |
| The company currently holds 541.01 M in liabilities with Debt to Equity (D/E) ratio of 1.59, which is about average as compared to similar companies. Mesa Air Group has a current ratio of 0.39, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Mesa Air until it has trouble settling it off, either with new capital or with free cash flow. So, Mesa Air's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mesa Air Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mesa to invest in growth at high rates of return. When we think about Mesa Air's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 498.06 M. Net Loss for the year was (120.12 M) with profit before overhead, payroll, taxes, and interest of 115.04 M. | |
| Mesa Air Group currently holds about 54.45 M in cash with (24.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.5, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Mesa Air Group has a frail financial position based on the latest SEC disclosures | |
| Roughly 22.0% of Mesa Air outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Mesa sees spike in industrial vacancies |
- Analyzing Mesa Air's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mesa Air's stock is overvalued or undervalued compared to its peers.
- Examining Mesa Air's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mesa Air's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mesa Air's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mesa Air's stock. These opinions can provide insight into Mesa Air's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Mesa Stock analysis
When running Mesa Air's price analysis, check to measure Mesa Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mesa Air is operating at the current time. Most of Mesa Air's value examination focuses on studying past and present price action to predict the probability of Mesa Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesa Air's price. Additionally, you may evaluate how the addition of Mesa Air to your portfolios can decrease your overall portfolio volatility.
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Is Mesa Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mesa Air. If investors know Mesa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mesa Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.136 | Earnings Share (3.04) | Revenue Per Share 12.62 | Quarterly Revenue Growth (0.09) | Return On Assets (0.02) |
The market value of Mesa Air Group is measured differently than its book value, which is the value of Mesa that is recorded on the company's balance sheet. Investors also form their own opinion of Mesa Air's value that differs from its market value or its book value, called intrinsic value, which is Mesa Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mesa Air's market value can be influenced by many factors that don't directly affect Mesa Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mesa Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesa Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesa Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.