In last trading session, Frontier Group Holdings Inc (NASDAQ:ULCC) saw 2.39 million shares changing hands with its beta currently measuring 2.34. Company’s recent per share price level of $8.19 trading at $0.41 or 5.27% at ring of the bell on the day assigns it a market valuation of $1.85B. That closing price of ULCC’s stock is at a discount of -8.06% from its 52-week high price of $8.85 and is indicating a premium of 65.93% from its 52-week low price of $2.79. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.05 million shares which gives us an average trading volume of 2.53 million if we extend that period to 3-months.
For Frontier Group Holdings Inc (ULCC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.92. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.13 in the current quarter.
Frontier Group Holdings Inc (NASDAQ:ULCC) trade information
Upright in the green during last session for gaining 5.27%, in the last five days ULCC remained trading in the red while hitting it’s week-highest on Monday, 01/27/25 when the stock touched $8.19 price level, adding 4.88% to its value on the day. Frontier Group Holdings Inc’s shares saw a change of 15.19% in year-to-date performance and have moved -3.87% in past 5-day. Frontier Group Holdings Inc (NASDAQ:ULCC) showed a performance of 12.35% in past 30-days. Number of shares sold short was 15.04 million shares which calculate 6.31 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a fall of -17.0% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 8.5. It follows that stock’s current price would jump 38.95% in reaching the projected high whereas dropping to the targeted low would mean a gain of 38.95% for stock’s current value.
Frontier Group Holdings Inc (ULCC) estimates and forecasts
Statistics highlight that Frontier Group Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 111.63% of value to its shares in past 6 months, showing an annual growth rate of 0.00% while that of industry is -8.30. This year revenue growth is estimated to rise 4.70% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 986.5M for the same. And 5 analysts are in estimates of company making revenue of 983.05M in the next quarter. Company posted 891M and 865M of sales in current and next quarters respectively a year earlier.
Frontier Group Holdings Inc (NASDAQ:ULCC)’s Major holders
Insiders are in possession of 47.11% of company’s total shares while institution are holding 52.00 percent of that, with stock having share float percentage of 98.31%. Investors also watch the number of corporate investors in a company very closely, which is 52.00% institutions for Frontier Group Holdings Inc that are currently holding shares of the company. INDIGO PARTNERS LLC is the top institutional holder at ULCC for having 32.09 million shares of worth $158.21 million. And as of 2024-06-30, it was holding 14.3634 of the company’s outstanding shares.
The second largest institutional holder is WILDCAT CAPITAL MANAGEMENT, LLC, which was holding about 28.06 million shares on 2024-06-30. The number of shares represents firm’s hold over 12.5594 of outstanding shares, having a total worth of $138.34 million.
