Will Sun Country (USA Stocks:SNCY) and Mesa Air (USA Stocks:MESA) deliver in September?

By examining key indicators for Mesa Air Group and Sun, you can assess how market fluctuations impact their stock prices and explore potential diversification benefits if you combine them in your portfolio. Consider employing pair trading strategies, such as taking a long position in Sun while shorting Mesa Air. For more details, check out our [pair correlation module](https://example.com). Now, let’s look at the numbers. Mesa Air's asset utilization ratio stands at 55.43%, meaning the company generates $0.55 for every dollar of assets. A rising asset utilization ratio indicates that Mesa Air is becoming more efficient in using its assets for daily operations. This could signal a positive trend for investors to watch.

Important Takeaways

Mesa Air Group (MESA) faces a challenging landscape, with a staggering net income loss of 120.1M and a current valuation of 438.04M, raising questions about its potential for a price surge. However, with a revenue per share of 11.72 and a beta of 3.176, the stock could attract speculative interest if market conditions shift favorably.
Published over three months ago
View all stories for Mesa Air | View All Stories
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.

Reviewed by Michael Smolkin

Mesa Air Group (MESA) finds itself at a crossroads, with its stock price hovering around $0.40, significantly below its 52-week high of $1.89. The airline's financials reveal a challenging landscape, marked by a net loss of 120.1M and an operating income loss of 84.3M. Despite a quarterly revenue growth of 8%, the company struggles under a hefty total debt of 541.01M, which overshadows its market capitalization of just 52.5M. With a beta of 3.176, MESA's stock is highly volatile, making it a risky bet for investors. The current asset position of 150.29M and cash reserves of 54.45M provide some cushion, but the overall picture remains murky. As the fiscal year ends in September, investors are left wondering if Mesa can turn its fortunes around or if it will continue to face headwinds in the competitive passenger airline market. Sun Country Airlines is likely to see a price correction soon, especially after its shares jumped 9.04% today, compared to Mesa Air Group's 4.96% increase. With many cautious investors steering clear of passenger airlines, it’s worth taking a closer look at Mesa Air Group and how it compares to Sun Country and other competitors. In this analysis, we’ll explore the competitive landscape of both Mesa and Sun, highlighting key factors that could influence their performance in the market.
Investment perspective, in general, refers to a viewpoint or opinion regarding investment opportunity in Mesa Air. It encompasses the assessment of an investment's potential risks and rewards, and expectations for its performance over time. Several factors influence the investment perspective on Mesa Air, including investment goals, risk tolerance, time horizon, market conditions, and research and analysis. Investors have varying goals, such as capital preservation, income generation, or long-term growth. Risk tolerance plays a significant role in shaping an investor's perspective, with some being more risk-averse and others willing to take on higher risks for potential returns.

Watch out for price decline

Please consider monitoring Mesa Air on a daily basis if you are holding a position in it. Mesa Air is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Mesa Air stock to be traded above the $1 level to remain listed. If Mesa Air stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

How important is Mesa Air's Liquidity

Mesa Air financial leverage refers to using borrowed capital as a funding source to finance Mesa Air Group ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Mesa Air financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Mesa Air's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Mesa Air's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Mesa Air's total debt and its cash.

Mesa Air Gross Profit

Mesa Air Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Mesa Air previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Mesa Air Gross Profit growth over the last 10 years. Please check Mesa Air's gross profit and other fundamental indicators for more details.

Another Deeper Perspective

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Lets now take a look at Mesa Air revenue. Based on the latest financial disclosure, Mesa Air Group reported 498.06 M of revenue.
This is 85.76% lower than that of the Passenger Airlines sector and 96.77% lower than that of the Industrials industry. The revenue for all United States stocks is 94.72% higher than that of Mesa Air. As for Sun Country we see revenue of 1.05 B, which is 93.2% lower than that of the Industrials
Sector
3.5 B
SNCY
B
MESA498.06 Million9.87
Sector3.5 Billion69.33
SNCY1.05 Billion20.8
In the world of investing, the saying "buy low, sell high" often guides traders, but with Mesa Air Group (MESA), the path is anything but clear. Currently trading around $1.26, the stock is well below its 52-week high of $1.89, raising questions about its potential for a price surge. Despite a revenue of $498.06 million, the company faces significant challenges, including losses of 120.1 million and an alarming probability of bankruptcy at 52.13%. With a current ratio of just 0.40X, liquidity concerns loom large, yet the stock's low price-to-sales ratio of 0.11X suggests it may be undervalued. Investors should tread carefully, weighing the risks against the potential upside of 10.49% as they consider whether Mesa Air Group can navigate its ambiguities and emerge stronger..

Will Mesa Air current rise continue?

Mesa Air Group's stock has recently experienced a significant change, with short interest now at -5.98. This drop in short interest may indicate that investors are becoming more confident, suggesting that the stock's recent upward trend could continue. However, traders are closely monitoring the airline's performance and market conditions, raising the question: can this positive momentum last, or will outside factors bring it down? The stock is also showing above-average volatility, which can help investors time their trades. By understanding market volatility, traders can assess Mesa Air's risk during both rising and falling markets.
Increased volatility, especially in bear markets, can affect the stock's price and create anxiety for investors, often leading them to adjust their portfolios as prices decline.Investing in Mesa Air Group stock presents a complex picture. With a current valuation hovering around 1.27, the potential upside price could reach 8.45, but this is tempered by a consensus rating of "Strong Sell" from analysts. The estimated target price varies significantly, with the highest at 2.22 and the lowest at 1.82, suggesting that while there may be some room for growth, the risks are substantial. As the fiscal year ends in September, investors should weigh these factors carefully before making any decisions, as the ambiguity surrounding Mesa Air's price trajectory could lead to unexpected outcomes..

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Mesa Air Group. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to [email protected]