In today’s recent session, 0.67 million shares of the Frontier Group Holdings Inc (NASDAQ:ULCC) have been traded, and its beta is 2.56. Most recently the company’s share price was $6.78, and it changed around -$0.18 or -2.66% from the last close, which brings the market valuation of the company to $1.51B. ULCC at last check was trading at a discount to its 52-week high of $10.57, offering almost -55.9% off that amount. The share price’s 52-week low was $3.19, which indicates that the recent value has risen by an impressive 52.95% since then. We note from Frontier Group Holdings Inc’s average daily trading volume that its 3-month average coming to 2.23 million.
Frontier Group Holdings Inc (NASDAQ:ULCC) trade information
Instantly ULCC has been showing red trend so far today with a performance of -2.66% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 24.08% year-to-date, but still up 0.22% over the last five days. On the other hand, Frontier Group Holdings Inc (NASDAQ:ULCC) is -6.16% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $15.2, which translates to bulls needing to increase their stock price by 55.39% from its current value. Analyst projections state that ULCC is forecast to be at a low of $8 and a high of $25.
Frontier Group Holdings Inc (ULCC) estimates and forecasts
Frontier Group Holdings Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 57.93 percent over the past six months and at a 250.00% annual growth rate that is well above the industry average of -4.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -200.00% in revenue this quarter, and will report a decrease of -45.20% in the next quarter. The year-over-year growth rate is expected to be 13.90%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of $861.58 million in revenue for the current quarter. 8 analysts expect Frontier Group Holdings Inc to make $1.06 billion in revenue for the quarter ending Jun 2024.
