Frontier Group Holdings Inc (NASDAQ:ULCC) has a beta value of 2.52 and has seen 3.6 million shares traded in the last trading session. The company, currently valued at $983.49M, closed the last trade at $4.32 per share which meant it lost -$0.02 on the day or -0.46% during that session. The ULCC stock price is -137.5% off its 52-week high price of $10.26 and 35.42% 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 3.36 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.
Frontier Group Holdings Inc (NASDAQ:ULCC) trade information
Sporting -0.46% in the red in last session, 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 $4.32 or saw a rise of 20.3%. Year-to-date, Frontier Group Holdings Inc shares have moved -39.24%, while the 5-day performance has seen it change -19.10%. Over the past 30 days, the shares of Frontier Group Holdings Inc (NASDAQ:ULCC) have changed -37.66%. 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 38.98% from current levels. 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 current price level is -96.76% off the targeted high while a plunge would see the stock gain -15.74% from current levels.
Frontier Group Holdings Inc (ULCC) estimates and forecasts
The company’s shares have lost -10.74% over the past 6 months.
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.
