In the last trading session, 2.45 million shares of the Frontier Group Holdings Inc (NASDAQ:ULCC) were traded, and its beta was 2.42. Most recently the company’s share price was $5.34, and it changed around -$0.33 or -5.82% from the last close, which brings the market valuation of the company to $1.21B. ULCC currently trades at a discount to its 52-week high of $10.26, offering almost -92.13% off that amount. The share price’s 52-week low was $2.79, which indicates that the current value has risen by an impressive 47.75% since then. We note from Frontier Group Holdings Inc’s average daily trading volume that its 10-day average is 2.56 million shares, with the 3-month average coming to 2.89 million.
Frontier Group Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.08. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 10 recommended ULCC as a Hold, whereas 1 deemed it a Buy, and 1 rated it as Underweight. Frontier Group Holdings Inc is expected to report earnings per share of 0.0 for the current quarter.
Frontier Group Holdings Inc (NASDAQ:ULCC) trade information
Instantly ULCC has showed a red trend with a performance of -5.82% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 6.11 on recent trading dayincreased the stock’s daily price by 12.6%. The company’s shares are currently down -24.89% year-to-date, but still down -10.10% over the last five days. On the other hand, Frontier Group Holdings Inc (NASDAQ:ULCC) is -30.56% down in the 30-day period. We can see from the shorts that 14.25 million shares have been sold at a short interest cover period of 4.37 day(s).
The consensus price target as assigned by Wall Street analysts is $7.08, which translates to bulls needing to increase their stock price by 24.58% from its current value. Analyst projections state that ULCC is forecast to be at a low of $5 and a high of $8.5.
Frontier Group Holdings Inc (ULCC) estimates and forecasts
The year-over-year growth rate is expected to be 15.73%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 996.05M in revenue for the current quarter. 7 analysts expect Frontier Group Holdings Inc to make 1.12B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 865M and 973M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 15.15%. Forecasts for the next quarter put sales growth at 14.90%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -19.57%. Frontier Group Holdings Inc earnings are expected to increase by 259.93% in 2025, but the outlook is positive 87.98% per year for the next five years.
ULCC Dividends
Frontier Group Holdings Inc’s next quarterly earnings report is expected to be released on 2025-Feb-06.
Frontier Group Holdings Inc (NASDAQ:ULCC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 46.48% of Frontier Group Holdings Inc shares, and 51.43% of them are in the hands of institutional investors. The stock currently has a share float of 96.08%. Frontier Group Holdings Inc stock is held by 217.0 institutions, with INDIGO PARTNERS LLC being the largest institutional investor. By 2024-06-30, it held 14.3131% of the shares, which is about 32.09 million shares worth $158.21 million.
WILDCAT CAPITAL MANAGEMENT, LLC, with 12.5154% or 28.06 million shares worth $138.34 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
U.S. Global Jets ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 5.37 shares worth $28.66 million, making up 2.36% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 2.83 shares worth around $15.09 million, which represents about 1.24% of the total shares outstanding.
