At the time of writing, Frontier Group Holdings Inc [ULCC] stock is trading at $8.20, up 0.49%. An important factor to consider is whether the stock is rising or falling in short-term value. The ULCC shares have gain 13.42% over the last week, with a monthly amount glided 38.51%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Frontier Group Holdings Inc [NASDAQ: ULCC] stock has seen the most recent analyst activity on December 11, 2024, when Deutsche Bank upgraded its rating to a Buy and also boosted its price target to $8 from $6. On October 22, 2024, Citigroup reiterated its Neutral rating and revised its price target to $7.15 on the stock. Raymond James upgraded its rating to a Mkt Perform. TD Cowen reiterated its recommendation of a Hold and raised its price target to $4 on September 16, 2024. JP Morgan downgraded its rating to Underweight for this stock on July 30, 2024. In a note dated July 17, 2024, TD Cowen reiterated an Hold rating on this stock and revised its target price from $6.50 to $4.
For the past year, the stock price of Frontier Group Holdings Inc fluctuated between $2.79 and $8.41. Currently, Wall Street analysts expect the stock to reach $6.86 within the next 12 months. Frontier Group Holdings Inc [NASDAQ: ULCC] shares were valued at $8.20 at the most recent close of the market. An investor can expect a potential drop of -16.34% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.85.
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 8.06 points at the first support level, and at 7.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.37, and for the 2nd resistance point, it is at 8.53.
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 0.50, the price to book ratio is 3.35.
Transactions by insiders
Recent insider trading involved Biffle Barry, CEO, that happened on Jan 06 ’25 when 0.16 million shares were sold. SVP, Human Resources, Schuller Steve completed a deal on Jan 02 ’25 to sell 5000.0 shares. Meanwhile, Officer Biffle Barry bought 0.16 million shares on Jan 06 ’25.
