A share price of Frontier Group Holdings Inc [ULCC] is currently trading at $6.99, up 10.08%. An important factor to consider is whether the stock is rising or falling in short-term value. The ULCC shares have gain 21.14% over the last week, with a monthly amount glided 62.56%, 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 30, 2024, when Raymond James upgraded its rating to a Mkt Perform. Previously, TD Cowen reaffirmed its Hold rating on September 16, 2024, and elevated its price target to $4. On July 30, 2024, downgrade downgraded it’s rating to Underweight. TD Cowen reiterated its Hold rating and decreased its price target to $4 on July 17, 2024. Raymond James downgraded its rating to a Underperform. TD Cowen reiterated a Hold rating for this stock on May 03, 2024, and downed its price target to $6.50. In a note dated March 20, 2024, UBS initiated an Neutral rating and provided a target price of $8 on this stock.
Frontier Group Holdings Inc experienced fluctuations in its stock price throughout the past year between $2.79 and $8.33. Currently, Wall Street analysts expect the stock to reach $10.53 within the next 12 months. Frontier Group Holdings Inc [NASDAQ: ULCC] shares were valued at $6.99 at the most recent close of the market. An investor can expect a potential return of 50.64% based on the average ULCC price forecast.
Analyzing the ULCC fundamentals
Trailing Twelve Months sales for Frontier Group Holdings Inc [NASDAQ:ULCC] were 3.61B which represents 0.62% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.02.
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 6.50 points at the first support level, and at 6.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.28, and for the 2nd resistance point, it is at 7.57.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Frontier Group Holdings Inc [NASDAQ:ULCC] 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 0.43, the price to book ratio is 3.02.
Transactions by insiders
Recent insider trading involved Schuller Steve, SVP, Human Resources, that happened on Oct 04 ’24 when 10000.0 shares were sold. Officer, Schuller Steve completed a deal on Oct 04 ’24 to buy 10000.0 shares. Meanwhile, VP & CAO Wetzel Josh A sold 11000.0 shares on May 16 ’24.
