Frontier Group Holdings Inc (NASDAQ:ULCC) has a beta value of 2.52 and has seen 0.77 million shares traded in the recent trading session. The company, currently valued at $993.73M, closed the recent trade at $4.36 per share which meant it gained $0.02 on the day or 0.58% during that session. The ULCC stock price is -135.32% off its 52-week high price of $10.26 and 36.01% above the 52-week low of $2.79. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.23 million shares traded. The 3-month trading volume is 3.06 million shares.
The consensus among analysts is that Frontier Group Holdings Inc (ULCC) is Buy stock at the moment, with a recommendation rating of 3.08. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 6 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.0.
Frontier Group Holdings Inc (NASDAQ:ULCC) trade information
Sporting 0.58% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ULCC stock price touched $4.36 or saw a rise of 19.56%. Year-to-date, Frontier Group Holdings Inc shares have moved -38.61%, while the 5-day performance has seen it change -18.26%. Over the past 30 days, the shares of Frontier Group Holdings Inc (NASDAQ:ULCC) have changed -37.01%. Short interest in the company has seen 14.25 million shares shorted with days to cover at 4.37.
Wall Street analysts have a consensus price target for the stock at $7.08, which means that the shares’ value could jump 38.42% from the levels at last check today. The projected low price target is $5.0 while the price target rests at a high of $8.5. In that case, then, we find that the latest price level in today’s session is -94.95% off the targeted high while a plunge would see the stock gain -14.68% from the levels at last check today.
Frontier Group Holdings Inc (ULCC) estimates and forecasts
The company’s shares have lost -9.81% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 15.73%.
7 analysts offering their estimates for the company have set an average revenue estimate of 996.05M for the current quarter. 7 have an estimated revenue figure of 1.12B for the next ending quarter. Year-ago sales stood 865M and 973M respectively for this quarter and the next, and analysts expect sales will grow by 15.15% for the current quarter and 15.73% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -19.57% over the past 5 years. Earnings growth for 2025 is a modest 259.93% while over the next 5 years, the company’s earnings are expected to increase by 87.98%.
ULCC Dividends
Frontier Group Holdings Inc is expected to release its next earnings report on 2025-Feb-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Frontier Group Holdings Inc (NASDAQ:ULCC)’s Major holders
Insiders own 46.47% of the company shares, while shares held by institutions stand at 51.45% with a share float percentage of 96.11%. Investors are also buoyed by the number of investors in a company, with Frontier Group Holdings Inc having a total of 217.0 institutions that hold shares in the company. The top two institutional holders are INDIGO PARTNERS LLC with over 32.09 million shares worth more than $158.21 million. As of 2024-06-30, INDIGO PARTNERS LLC held 14.3131% of shares outstanding.
The other major institutional holder is WILDCAT CAPITAL MANAGEMENT, LLC, with the holding of over 28.06 million shares as of 2024-06-30. The firm’s total holdings are worth over $138.34 million and represent 12.5154% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ETF Series Solutions-U.S. Global Jets ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. As of Dec 31, 2024, the former fund manager holds about 2.36% shares in the company for having 5.37 shares of worth $23.46 million while later fund manager owns 2.83 shares of worth $12.35 million as of Dec 31, 2024, which makes it owner of about 1.24% of company’s outstanding stock.
