In the last trading session, 2.43 million Frontier Group Holdings Inc (NASDAQ:ULCC) shares changed hands as the company’s beta touched 2.71. With the company’s per share price at $4.01 changed hands at -$0.16 or -3.84% during last session, the market valuation stood at $913.34M. ULCC’s last price was a discount, traded about -155.86% off its 52-week high of $10.26. The share price had its 52-week low at $2.79, which suggests the last value was 30.42% up since then.
Analysts gave the Frontier Group Holdings Inc (ULCC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.08. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended ULCC as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
Frontier Group Holdings Inc (NASDAQ:ULCC) trade information
Instantly ULCC was in red as seen at the end of in last trading. With action -3.61%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -43.60%, with the 5-day performance at -3.61% in the red. However, in the 30-day time frame, Frontier Group Holdings Inc (NASDAQ:ULCC) is 26.50% up.
The consensus price target for the stock as assigned by Wall Street analysts is 8, meaning bulls need an upside of 49.88% from its current market value. According to analyst projections, ULCC’s forecast low is 7 with 8.5 as the target high. To hit the forecast high, the stock’s price needs a -111.97% plunge from its current level, while the stock would need to soar -74.56% for it to hit the projected low.
Frontier Group Holdings Inc (ULCC) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -19.57%. The 2025 estimates are for Frontier Group Holdings Inc earnings to decrease by -202.66%, but the outlook for the next 5-year period is at 59.05% per year.
Frontier Group Holdings Inc (NASDAQ:ULCC)’s Major holders
WILDCAT CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 12.5154% or 28.06 million shares worth $138.34 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were ETF Series Solutions-U.S. Global Jets ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 5.37 shares estimated at $21.52 million under it, the former controlled 2.36% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 1.24% of the shares, roughly 2.83 shares worth around $11.33 million.
