Frontier Group Holdings Inc (ULCC) stock: comparing current and last year EPS estimates

The closing price of Frontier Group Holdings Inc (NASDAQ: ULCC) was $7.47 for the day, up 3.89% from the previous closing price of $7.19. In other words, the price has increased by $+0.28 from its previous closing price. On the day, 1961042 shares were traded.

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Our analysis of ULCC’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:

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 1.67B and an Enterprise Value of 4.52B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 3.29. Its current Enterprise Value per Revenue stands at 1.26 whereas that against EBITDA is 54.51.

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. The 50-Day Moving Average of the stock is 6.92, while the 200-Day Moving Average is calculated to be 6.31.

Shares Statistics:

ULCC traded an average of 2.56M shares per day over the past three months and 1.71M shares per day over the past ten days. A total of 223.00M shares are outstanding, with a floating share count of 41.13M. Insiders hold about 81.59% of the company’s shares, while institutions hold 21.54% stake in the company. Shares short for ULCC as of Mar 15, 2024 were 11.54M with a Short Ratio of 4.51, compared to 12.78M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.17% and a Short% of Float of 27.12%.

Earnings Estimates

The firm’s stock currently is rated by 12 analysts. On average, analysts expect EPS of -$0.18 for the current quarter, with a high estimate of -$0.15 and a low estimate of -$0.2, while EPS last year was -$0.06. The consensus estimate for the next quarter is $0.16, with high estimates of $0.37 and low estimates of $0.01.

Analysts are recommending an EPS of between $0.79 and -$0.12 for the fiscal current year, implying an average EPS of $0.41. EPS for the following year is $0.93, with 12 analysts recommending between $1.69 and $0.1.

Revenue Estimates

A total of 11 analysts have provided revenue estimates for ULCC’s current fiscal year. The highest revenue estimate was $4.18B, while the lowest revenue estimate was $3.88B, resulting in an average revenue estimate of $4.07B. In the same quarter a year ago, actual revenue was $3.59B, up 13.40% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $4.79B in the next fiscal year. The high estimate is $5.02B and the low estimate is $4.49B. The average revenue growth estimate for next year is up 17.70% from the average revenue estimate for this year.

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