Mesa Air Group (NASDAQ:MESA) updated its FY 2020
After-Hours earnings guidance on Wednesday. The company provided earnings per share guidance of $1.50-1.80 for the period. Mesa Air Group also updated its FY 2021
After-Hours guidance to $1.90-2.30 EPS.
Separately, ValuEngine upgraded Mesa Air Group from a sell rating to a hold rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Mesa Air Group has an average rating of Buy and an average price target of $12.83.
NASDAQ MESA opened at $8.86 on Friday. Mesa Air Group has a one year low of $5.35 and a one year high of $11.08. The stock has a 50-day moving average of $7.66 and a 200 day moving average of $8.13. The company has a market capitalization of $290.89 million, a price-to-earnings ratio of 5.54, a PEG ratio of 0.31 and a beta of 1.67. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.56 and a current ratio of 0.64.
About Mesa Air Group
Mesa Air Group, Inc operates as the holding company for Mesa Airlines, Inc, which provides regional air carrier services under capacity purchase agreements with the American Airlines and the United Airlines. As of September 30, 2018, it operated a fleet of 145 aircraft with approximately 730 daily departures to 110 cities in the United States, Canada, Mexico, Cuba, and the Bahamas.
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