Mesa Air Group (NASDAQ:RJET) Trading Up 6.5% – Should You Buy?

Posted by Sarita Garza on Jul 24th, 2026

Mesa Air Group, Inc. (NASDAQ:RJET – Get Free Report) shot up 6.5% on Friday . The stock traded as high as $17.40 and last traded at $17.40. 52,348 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 138,242 shares. The stock had previously closed at $16.34.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Mesa Air Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Mesa Air Group currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on Mesa Air Group

Mesa Air Group Stock Performance

The firm has a market capitalization of $814.84 million, a price-to-earnings ratio of 18.51 and a beta of 1.61. The stock’s fifty day moving average is $19.29 and its two-hundred day moving average is $19.09. The company has a quick ratio of 0.75, a current ratio of 0.94 and a debt-to-equity ratio of 0.67.

Mesa Air Group (NASDAQ:RJET – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.73 EPS for the quarter. Mesa Air Group had a net margin of 3.29% and a return on equity of 6.13%. The firm had revenue of $527.40 million during the quarter.

Institutional Trading of Mesa Air Group

A hedge fund recently bought a new stake in Mesa Air Group stock. Geode Capital Management LLC bought a new position in shares of Mesa Air Group, Inc. (NASDAQ:RJET – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 24,061 shares of the company’s stock, valued at approximately $442,000. Geode Capital Management LLC owned 0.09% of Mesa Air Group as of its most recent filing with the SEC. 13.34% of the stock is currently owned by hedge funds and other institutional investors.

About Mesa Air Group

(Get Free Report)

Mesa Air Group, Inc is a regional airline holding company headquartered in Phoenix, Arizona. The company provides feeder air transportation services under capacity purchase agreements with major carriers in the United States, operating as an affiliate of American Airlines and United Airlines. Mesa Air Group’s operations are conducted through two wholly owned subsidiaries, Mesa Airlines and Mokulele Airlines, which serve domestic markets on a scheduled basis.

Mesa Airlines is the company’s primary regional carrier.