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After finishing at $7.27 in the prior trading day, Frontier Group Holdings Inc (NASDAQ: ULCC) closed at $6.22, down -14.44%. In other words, the price has decreased by -$14.44 from its previous closing price. On the day, 6.07 million shares were traded. ULCC stock price reached its highest trading level at $7.1 during the session, while it also had its lowest trading level at $5.68.
Ratios:
Our goal is to gain a better understanding of ULCC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.52. In the meantime, Its Debt-to-Equity ratio is 7.83 whereas as Long-Term Debt/Eq ratio is at 6.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on October 22, 2024, Reiterated its Neutral rating but revised its target price to $7.15 from $4.70 previously.
TD Cowen reiterated its Hold rating for the stock on September 16, 2024, while the target price for the stock was revised from $3 to $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 04 ’24 when Schuller Steve sold 10,000 shares for $6.00 per share. The transaction valued at 60,000 led to the insider holds 34,035 shares of the business.
Schuller Steve bought 10,000 shares of ULCC for $60,000 on Oct 04 ’24. On May 16 ’24, another insider, Wetzel Josh A, who serves as the VP & CAO of the company, sold 11,000 shares for $6.00 each. As a result, the insider received 66,000 and left with 1,052 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ULCC now has a Market Capitalization of 1633303424 and an Enterprise Value of 5042993152. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 2.69. Its current Enterprise Value per Revenue stands at 1.396 whereas that against EBITDA is -21.1.
Stock Price History:
Over the past 52 weeks, ULCC has reached a high of $8.33, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is 26.02%, while the 200-Day Moving Average is calculated to be 12.40%.
Shares Statistics:
The stock has traded on average 2.24M shares per day over the past 3-months and 2786150 shares per day over the last 10 days, according to various share statistics. A total of 223.00M shares are outstanding, with a floating share count of 80.06M. Insiders hold about 64.34% of the company’s shares, while institutions hold 36.61% stake in the company. Shares short for ULCC as of 1728950400 were 17747589 with a Short Ratio of 7.91, compared to 1726185600 on 15775260. Therefore, it implies a Short% of Shares Outstanding of 17747589 and a Short% of Float of 41.889998.
