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$0.49 0.01 (2.08%)
7/3/2008 12:59 PM

ExpressJet Holdings, Inc. (XJT)

CAPS Rating:
**

The Company has investments in the air transportation industry. It operates various divisions designed to leverage its management experience, efficiencies & economies of scale present in its subsidiaries.

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Ticker Not Ratable

XJT doesn't currently meet the $100M market cap / $1.50 stock price minimum. (Learn More)

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Total Players

206 Outperforms
42 Underperforms
 

All-Stars

50 Outperforms
25 Underperforms
 

Wall Street

1 Outperforms
2 Underperforms
 

Players bullish on XJT are also bullish on:

Players bearish on XJT are also bearish on:

Ticker Tags

Regional Airlines (18), Micro Cap (4824)
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ExpressJet Holdings, Inc. At A Glance

Current Price: $0.49
Last Trade Time: 7/3/2008 12:59 PM
Open: $0.00
Previous Close: $0.48
Daily Range: $0.41 - $0.55
52-Week Range: $0.46 - $6.45
Volume: 965,430
Market Cap: $25.27M
P/E Ratio: 4.93
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Stock Trends

XJT VS S&P 500 (SPY)

XJT 12 month chart vs. S&P

News & Discussion Boards

Other News Headlines for XJT

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Top Bull Pitch

Recs

1

ExpressJet Holdings, Inc. (XJT)

Avatar WonderWolf (< 20) Submitted: 5/23/08 12:16 AM

Were recently offered to be purchased for $3.50 per share and board turned down. After a 40%+ drop this stock as now where to go but up and they can always go back to the table and sell.

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Top Bear Pitch

Recs

1

ExpressJet Holdings, Inc. (XJT)

Avatar morningstarboy (< 20) Submitted: 12/05/07 1:03 PM

As of close of business on 12/04/2007, this was a 1-star Morningstar stock that was trading at more than double it's Morningstar fair value.

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CAPS Players

picks per page. CHANGE

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Recs

1

 (XJT)

Avatar WonderWolf (< 20) Submitted: 5/23/08 12:16 AM : Outperform Start Price: $2.00 XJT Score: -66.37

Were recently offered to be purchased for $3.50 per share and board turned down. After a 40%+ drop this stock as now where to go but up and they can always go back to the table and sell.

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Recs

0

 (XJT)

Avatar BravoBevo (99.87) Submitted: 5/22/08 6:36 PM : Outperform Start Price: $1.53 XJT Score: -58.37

He who fights and runs away, lives to fight another day. "Regional carrier ExpressJet Airlines (XJT) said it will temporarily slash its schedule by 30 percent at the end of the summer, citing soaring fuel costs and excess capacity in the market."

I know this announcement has prompted Billy Joe and his kid brother to dump the stock, but the business logic makes perfect sense to me. XJT operates 215 aircraft under capacity purchase agreements. With rising fuel prices and a slowing economy, XJT had already intended to cut lower-yielding domestic routes which would reduce average daily departures by 14%.

At FQE 3/31/08, XJT had $192 million in cash, with a cash burn rate of $17.5 million during 1Q. There are 51.9 million shares of XJT outstanding. The negative cash flow began last year when XJT started flying under its own banner, in addition to providing regional connecting service that augments Delta and Continental Airlines flights. Last month, SkyWest's unsolicited tender offer was rebuffed as the board concluded that XJT's value is "substantially higher" than the $3.50/share offer.

By no means is this a slam dunk but with the recent price drop and some staying power, the risks of this stock have been overly discounted. Eventually, I would expect XJT to be bought up by either SkyWest or Republic Airlines. In the meantime, anticipatory cutting back on unprofitable routes (after the summer vacation season) slows the cash burn until there is some relief in fuel costs, travelers' sentiment or airline price wars.

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Recs

0

 (XJT)

Avatar fredmahnke (< 20) Submitted: 5/22/08 1:54 PM : Outperform Start Price: $1.77 XJT Score: -62.49

Overeaction to schedule cut back

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Recs

0

 (XJT)

Avatar Colvin65 (< 20) Submitted: 5/05/08 1:52 PM : Outperform Start Price: $2.20 XJT Score: -72.07

Airline stocks were in the red early Monday as the price of crude oil climbed northward. The Amex Airline Index (XAL:amex airline index xal
News, chart, profile, more
Last: 23.44-0.84-3.46%

1:52pm 05/05/2008

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XAL 23.44, -0.84, -3.5%) lost 1.7% to 23.87 points at last check with all of its components trading down. Crude oil for June delivery gained 47 cents at $116.79 a barrel in electronic trading on the New York Mercantile Exchange. Major carriers, hard hit by the high cost of jet fuel, were all showing losses. Meanwhile, United Airlines and U.S. Airways (LCC:US Airways Group Inc
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Last: 8.22-0.50-5.73%

1:32pm 05/05/2008

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LCC 8.22, -0.50, -5.7%) could announce a merger by next week, The Wall Street Journal reported, but that didn't help their stocks. United parent UAL Corp.

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Recs

0

 (XJT)

Avatar dougmyers5 (< 20) Submitted: 5/05/08 7:27 AM : Outperform Start Price: $3.12 XJT Score: -73.84

As Commuters go this is a good one!


As Charters flying this is a Great one!


As a Contract flyer to Major Carryers they are working it now.


As Branded flying goes this one is finding its footing at a bad time.





In the end and after fuel prices take a toll on all commuters I think this one will still be standing.





The fact that other companys want to buy it out tells me they are doing something right!

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Wall Street

Results 1 - 3 of 3  

picks per page. CHANGE Expand All Pitches

Top
Pick
Player NamePlayer RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackRichPzena < 20 09/30/07 09/30/07 Outperform NS $3.09-84.14%-17.22%-66.93 Toggle the visibility of 60-Second Pitch and replies
TrackSoleil < 20 09/21/07 09/21/07 Underperform NS $4.00-87.75%-17.29%+70.46
TrackJimCramer 83.36 02/28/07 02/28/07 Underperform 3W $7.23-93.22%-10.37%+82.85

Results 1 - 3 of 3  

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