At the time of writing, Frontier Group Holdings Inc [ULCC] stock is trading at $4.79, up 0.42%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ULCC shares have gain 1.05% over the last week, with a monthly amount drifted -12.43%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Frontier Group Holdings Inc [NASDAQ: ULCC] stock has seen the most recent analyst activity on May 03, 2024, when TD Cowen reiterated its Hold rating and also revised its price target to $6.50 from $8. Previously, UBS started tracking the stock with Neutral rating on March 20, 2024, and set its price target to $8. On February 07, 2024, TD Cowen reiterated its Market Perform rating and revised its price target to $12 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $6 on January 09, 2024. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $8 on January 08, 2024. Deutsche Bank downgraded its rating to Hold for this stock on October 27, 2023, and downed its price target to $5. In a note dated September 21, 2023, Citigroup downgraded an Neutral rating on this stock and revised its target price from $16 to $5.50.
For the past year, the stock price of Frontier Group Holdings Inc fluctuated between $3.19 and $10.57. Currently, Wall Street analysts expect the stock to reach $15.2 within the next 12 months. Frontier Group Holdings Inc [NASDAQ: ULCC] shares were valued at $4.79 at the most recent close of the market. An investor can expect a potential return of 217.33% based on the average ULCC price forecast.
Analyzing the ULCC fundamentals
According to Frontier Group Holdings Inc [NASDAQ:ULCC], the company’s sales were 3.61B for trailing twelve months, which represents an 2.00% jump. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.05 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.67 points at the first support level, and at 4.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.91, and for the 2nd resistance point, it is at 5.03.
Ratios To Look Out For
It is important to note that Frontier Group Holdings Inc [NASDAQ:ULCC] has a current ratio of 0.50. Further, the Quick Ratio stands at 0.46, while the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 0.30, the price to book ratio is 2.22.
Transactions by insiders
Recent insider trading involved Wetzel Josh A, VP & CAO, that happened on May 16 ’24 when 11000.0 shares were sold. CEO, Biffle Barry completed a deal on Mar 06 ’24 to sell 15000.0 shares. Meanwhile, CEO Biffle Barry sold 0.15 million shares on Mar 05 ’24.
