Are Frontier Group Holdings Inc (ULCC) stocks a prudent buy?

Frontier Group Holdings Inc [ULCC] stock is trading at $4.84, down -0.21%. An important factor to consider is whether the stock is rising or falling in short-term value. The ULCC shares have gain 11.01% over the last week, with a monthly amount glided 41.11%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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.

Frontier Group Holdings Inc [ULCC] stock has fluctuated 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 $4.84 at the most recent close of the market. An investor can expect a potential return of 112.4% based on the average ULCC price forecast.

Analyzing the ULCC fundamentals

Frontier Group Holdings Inc [NASDAQ:ULCC] reported sales of 3.61B for the trailing twelve months, which represents a growth 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 4.73 points at the first support level, and at 4.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.96, and for the 2nd resistance point, it is at 5.08.

Ratios To Look Out For

For context, Frontier Group Holdings Inc’s Current Ratio is 0.52. On the other hand, the Quick Ratio is 0.48, and the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 0.30, the price to book ratio is 2.09.

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.

Related Posts