The price of Frontier Group Holdings Inc (NASDAQ: ULCC) closed at $6.76 in the last session, up 0.60% from day before closing price of $6.72. On the day, 1285004 shares were traded.
Ratios:
We take a closer look at ULCC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 6.82 whereas as Long-Term Debt/Eq ratio is at 5.24.
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, UBS on March 20, 2024, initiated with a Neutral rating and assigned the stock a target price of $8.
On February 07, 2024, TD Cowen reiterated its Market Perform rating and also lowered its target price recommendation from $5 to $12.
BofA Securities Downgraded its Buy to Neutral on January 09, 2024, whereas the target price for the stock was revised from $8 to $6.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 06 ’24 when Biffle Barry sold 15,000 shares for $8.21 per share. The transaction valued at 123,150 led to the insider holds 48,949 shares of the business.
Biffle Barry sold 151,620 shares of ULCC for $1,170,506 on Mar 05 ’24. The CEO now owns 772,981 shares after completing the transaction at $7.72 per share. On Mar 04 ’24, another insider, Biffle Barry, who serves as the CEO of the company, sold 142,154 shares for $7.38 each. As a result, the insider received 1,049,097 and left with 772,981 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 2.97.
Stock Price History:
Over the past 52 weeks, ULCC has reached a high of $10.57, while it has fallen to a 52-week low of $3.19.
Shares Statistics:
A total of 223.00M shares are outstanding, with a floating share count of 152.60M. Insiders hold about 31.68% of the company’s shares, while institutions hold 34.11% stake in the company.
Earnings Estimates
The company has Frontier Group Holdings, Inc. analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $12.50, with high estimates of $33.36 and low estimates of $0.01.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
