This is why Frontier Group Holdings Inc (ULCC) Stock is one of the options for the Longer run

At the time of writing, Frontier Group Holdings Inc [ULCC] stock is trading at $6.01, up 1.52%. An important factor to consider is whether the stock is rising or falling in short-term value. The ULCC shares have gain 3.62% over the last week, with a monthly amount drifted -10.96%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Citigroup reaffirmed its Neutral rating on October 22, 2024, and elevated its price target to $7.15. On September 30, 2024, upgrade upgraded it’s rating to Mkt Perform. TD Cowen reiterated its Hold rating and increased its price target to $4 on September 16, 2024. JP Morgan downgraded its rating to a Underweight. TD Cowen reiterated a Hold rating for this stock on July 17, 2024, and downed its price target to $4. In a note dated July 05, 2024, Raymond James downgraded an Underperform rating on this stock.

For the past year, the stock price of Frontier Group Holdings Inc fluctuated between $2.79 and $8.33. Currently, Wall Street analysts expect the stock to reach $6.16 within the next 12 months. Frontier Group Holdings Inc [NASDAQ: ULCC] shares were valued at $6.01 at the most recent close of the market. An investor can expect a potential return of 2.5% based on the average ULCC price forecast.

Analyzing the ULCC fundamentals

According to Frontier Group Holdings Inc [NASDAQ:ULCC], the company’s sales were 3.66B for trailing twelve months, which represents an 5.89% 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 -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.85.

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 5.88 points at the first support level, and at 5.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.11, and for the 2nd resistance point, it is at 6.21.

Ratios To Look Out For

It is important to note that Frontier Group Holdings Inc [NASDAQ:ULCC] has a current ratio of 0.53. On the other hand, the Quick Ratio is 0.48, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 0.37, the price to book ratio is 2.46.

Transactions by insiders

Recent insider trading involved Connor Josh T., Director, that happened on Dec 06 ’24 when 0.12 million shares were sold. Director, Connor Josh T. completed a deal on Dec 05 ’24 to sell 60000.0 shares. Meanwhile, BOARD MEMBER JOHN CONNOR bought 0.12 million shares on Dec 06 ’24.

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