Mesa Air started at strong buy with $20 stock price target at Raymond James
Mesa Air started at strong buy with $20 stock price target at Raymond James
Mesa Air Group Inc.
MESAUSOpenBack To Top
$
1.10
7.98%
$
14.89
| Previous Close |
|---|
| $13.79 |
Volume:
118.2K
65 Day Avg. - 451.2K
14.00
Day Low/High
14.90
11.05
52 Week Low/High
14.49
Key Data
- Open $14.08
- Day Range 14.00 - 14.90
- 52 Week Range 11.05 - 14.49
- Market Cap $470.67M
- Shares Outstanding 35.2M
- Public Float 29.05M
- Beta -2.07
- Rev. per Employee $211.16K
- P/E Ratio n/a
- EPS $-0.02
- Yield n/a
- Dividend n/a
- Ex-Dividend Date n/a
- Short Interest 111.74K 08/15/18
- % of Float Shorted 0.38%
- Average Volume 451.21K
Performance
| 5 Day |
|
| 1 Month | n/a |
| 3 Month | n/a |
| YTD | n/a |
| 1 Year | n/a |
Recent News
- MarketWatch
- Other Dow Jones
Mesa Air started at outperform with $16 stock price target at Cowen
Mesa Air started at outperform with $16 stock price target at Cowen
Mesa Air started at buy with $15 stock price target at Stifel Nicolaus
Mesa Air started at buy with $15 stock price target at Stifel Nicolaus
Mesa Air's stock falls in its public debut
Shares of Mesa Air Group Inc. fell in their debut, and were trading 4.2% below the initial public offering price of $12 in afternoon trade Friday. The regional air carrier's IPO priced late Thursday below the expected range of $14 to $16. The first trade was at $12 at 10:50 a.m. Eastern, and it has traded in a range of $11.50 to $12 since then. The air carrier has gone public at a time that the NYSE Arca Airline Index has lost 2.0% over the past three months and the S&P 500 has gained 3.8%.
Mesa Air shrinks its IPO, prices below range
Mesa Air Group Inc. announced Thursday afternoon that it would sell fewer shares at a lower price than it originally expected in its initial public offering. The regional airline said it now plans to sell 9.63 million shares at $12 apiece, after targeting the sale of 10.7 million shares at a price ranging from $14 to $16 a share. The company will bring in about $115.6 million at that price, though underwriters - led by Raymond James and BofA Merrill Lynch - have access to another 1.44 million shares for overallotment. Mesa Air shares are now expected to begin trading on the Nasdaq exchange Friday morning under the ticker symbol MESA.
Mesa Air to offer 10.7 million shares in IPO priced at $14 to $16
Mesa Air Group set the terms for its planned initial public offering on Monday, saying it will offer 10.7 million shares priced at $14 to $16 each. The Phoenix, Ariz.-based regional air carrier would raise $160.5 million shares at the midpoint of the range. Proceeds of the deal will be used to pay down debt and for general corporate purposes. The stock will trade on Nasdaq, under the ticker symbol "MESA." Raymond James and BofA Merrill Lynch are lead bookrunners on the deal with Cowen, Stifel and Imperial Capital acting as co-managers. Mesa Air was previously a public company, before filing for bankruptcy in 2010.
Mesa Air sets terms for IPO; to offer 10.7 mln shares at $14 to $16 each
Mesa Air sets terms for IPO; to offer 10.7 mln shares at $14 to $16 each
Recent News
- Other News
- Press Releases
Mesa Air leads sector higher after results
Mesa Air leads sector higher after results
- on Seeking Alpha
Mesa Air Group IPO: Take To The Skies With This Regional Airline
Mesa Air Group IPO: Take To The Skies With This Regional Airline
- on Seeking Alpha
The IPO Outlook For The Week: An Airline, A Biotech And 2 Banks
The IPO Outlook For The Week: An Airline, A Biotech And 2 Banks
- on benzinga.com
SkyWest Climbs Higher. Do The Numbers Tell The Whole Story?
SkyWest Climbs Higher. Do The Numbers Tell The Whole Story?
- on Seeking Alpha
Mesa Air Group Readies Plan For $161 Million IPO
Mesa Air Group Readies Plan For $161 Million IPO
- on Seeking Alpha
Mesa Air Group to Present at Cowen and Company 11th Annual Global Transportation Conference
Mesa Air Group to Present at Cowen and Company 11th Annual Global Transportation Conference
- on BusinessWire - BZX
Mesa Air Group Announces Third Quarter Fiscal 2018 Results
Mesa Air Group Announces Third Quarter Fiscal 2018 Results
- on BusinessWire - BZX
Mesa Air Group Sets Date for Third Quarter Fiscal 2018 Earnings Release and Conference Call
Mesa Air Group Sets Date for Third Quarter Fiscal 2018 Earnings Release and Conference Call
- on BusinessWire - BZX
Mesa Air Group Announces Closing of Initial Public Offering
Mesa Air Group Announces Closing of Initial Public Offering
- on BusinessWire - BZX
Mesa Air Group Inc.
Mesa Air Group, Inc. operates as a holding company, which engages in the provision of regional air carrier and passenger transportation services. Its fleet includes American Eagle and United Express flights. The company was founded in 1982 and is headquartered in Phoenix, AZ (See Full Profile)
