Are Mesa Air (USA Stocks:MESA) weak basic indicators contributing to the current slip?

Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Mesa Air is not uncomon. Institutional investors typically avoid acquiring a high percentage of Mesa Air stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of Mesa is distributed among investors.

Ownership Allocation

Mesa Air Group maintains a total of 41.31 Million outstanding shares. Mesa Air Group holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Retail Investors 65.96%

Insiders 21.68%

Institutions 12.36%

	Retail Investors	65.96
	Insiders	21.68
	Institutions	12.36

Please be aware that individual investors typically purchase shares for their personal accounts and usually in smaller quantities compared to institutional investors. While they might influence Mesa Air's decisions if they own a significant combined portion of its shares, such influence is relatively rare. Conversely, institutional investors - like mutual funds, pension funds, hedge funds, and other investment companies - often have a substantial sway over Mesa Air's decisions due to their larger holdings.

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Mesa Air has an asset utilization ratio of 55.43 percent. This suggests that the Company is making $0.55 for each dollar of assets. An increasing asset utilization means that Mesa Air Group is more efficient with each dollar of assets it utilizes for everyday operations.

Non Current Assets Total 664.3 M

Net Tangible Assets 324.8 M

	Non Current Assets Total	664.31 Million	49.62
	Non Currrent Assets Other	15.73 Million	1.18
	Other Current Assets	2.37 Million	0.18
	Total Current Assets	219.76 Million	16.42
	Intangible Assets	3.28 Million	0.25
	Net Tangible Assets	324.77 Million	24.26
	Other Assets	108.56 Million	8.11

In investing, it's often said that the market is a voting machine in the short term but a weighing machine in the long run. Mesa Air Group (MESA) has recently seen a 2% decline in its stock price, despite broader market gains. The company is facing significant challenges, with a net income loss of 120.1 million and total debt reaching 541.01 million, which raises concerns about its financial health. However, it has a market capitalization of only 52.05 million, suggesting potential undervaluation, especially with a price-to-sales ratio of just 0.11. With a target price of 2 and potential upside of 10.49%, some investors may view this dip as a buying opportunity, provided they are willing to accept the risks associated with its current financial state.

Our Mesa analysis suggests possible reversion in October

Mesa Air Group's stock has seen a sharp decline, with a maximum drop of 52.56% from its peak. This steep fall raises concerns about whether the stock can bounce back. However, there are indications that Mesa might be on the verge of a recovery this October. Investors should pay attention, as a return to better price levels could offer a unique chance for those looking to take advantage of its price swings. The stock is currently showing above-average volatility, which can help investors time their moves.Understanding how this volatility interacts with market trends is crucial, especially during downturns when prices drop and investors often feel pressured to adjust their portfolios.Despite a generally positive market atmosphere, Mesa Air Group's stock has experienced a decline of over 2%. This downturn is particularly noteworthy given the analyst consensus, which leans heavily towards a "Strong Sell" rating. With a current market value estimated at 1.23, the stock is far below the analyst's highest target price of 2.22, suggesting a significant gap between current performance and potential upside. Investors should tread carefully, as the valuation metrics indicate a possible downside price of 0.0123, raising concerns about the stock's stability. As the fiscal year ends in September, it may be wise to keep a close eye on upcoming developments before making any investment decisions..