Frontier Group Holdings Inc [ULCC] stock prices are up 1.10% to $4.60 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ULCC shares have gain 4.78% over the last week, with a monthly amount glided 33.72%, and 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 September 16, 2024, when TD Cowen reiterated its Hold rating and also boosted its price target to $4 from $3. Previously, JP Morgan downgraded its rating to Underweight on July 30, 2024. On July 17, 2024, TD Cowen reiterated its Hold rating and revised its price target to $4 on the stock. Raymond James downgraded its rating to a Underperform. TD Cowen reiterated its recommendation of a Hold and reduced its price target to $6.50 on May 03, 2024. UBS started tracking with a Neutral rating for this stock on March 20, 2024, and assigned it a price target of $8. In a note dated February 07, 2024, TD Cowen reiterated an Market Perform rating on this stock and boosted its target price from $5 to $12.
The stock price of Frontier Group Holdings Inc [ULCC] has been fluctuating between $2.79 and $8.33 over the past year. Currently, Wall Street analysts expect the stock to reach $10.28 within the next 12 months. Frontier Group Holdings Inc [NASDAQ: ULCC] shares were valued at $4.60 at the most recent close of the market. An investor can expect a potential return of 123.48% based on the average ULCC price forecast.
Analyzing the ULCC fundamentals
The Frontier Group Holdings Inc [NASDAQ:ULCC] reported sales of 3.61B for trailing twelve months, representing a surge of 0.62%. Gross Profit Margin for this corporation currently stands at 0.05% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.12 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.02.
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 4.51 points at the first support level, and at 4.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.69, and for the 2nd resistance point, it is at 4.77.
Ratios To Look Out For
It’s worth pointing out that Frontier Group Holdings Inc [NASDAQ:ULCC]’s Current Ratio is 0.52. Also, the Quick Ratio is 0.48, while the Cash Ratio stands at 0.36. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 1.99.
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 05 ’24 to sell 0.15 million shares. Meanwhile, CEO Biffle Barry sold 0.14 million shares on Mar 04 ’24.
