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The price of Frontier Group Holdings Inc (NASDAQ: ULCC) closed at $8.24 in the last session, down -1.02% from day before closing price of $8.32. In other words, the price has decreased by -$1.02 from its previous closing price. On the day, 1.92 million shares were traded. ULCC stock price reached its highest trading level at $8.43 during the session, while it also had its lowest trading level at $8.195.
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 7.70 whereas as Long-Term Debt/Eq ratio is at 6.20.
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 the company, Deutsche Bank on December 11, 2024, Upgraded its rating to Buy and sets its target price to $8 from $6 previously.
Citigroup reiterated its Neutral rating for the stock on October 22, 2024, while the target price for the stock was revised from $4.70 to $7.15.
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 Jan 15 ’25 when Biffle Barry bought 160,000 shares for $8.38 per share.
Biffle Barry sold 160,000 shares of ULCC for $1,260,800 on Jan 06 ’25. The CEO now owns 1,024,817 shares after completing the transaction at $7.88 per share. On Jan 02 ’25, another insider, Schuller Steve, who serves as the SVP, Human Resources of the company, sold 5,000 shares for $7.07 each. As a result, the insider received 35,336 and left with 47,590 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 1857065216 and an Enterprise Value of 5508067840. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 3.37. Its current Enterprise Value per Revenue stands at 1.503 whereas that against EBITDA is -23.844.
Stock Price History:
The Beta on a monthly basis for ULCC is 2.29, which has changed by 0.77505326 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, ULCC has reached a high of $8.41, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is 25.26%, while the 200-Day Moving Average is calculated to be 49.98%.
Shares Statistics:
According to the various share statistics, ULCC traded on average about 2.57M shares per day over the past 3-months and 2466140 shares per day over the past 10 days. A total of 224.52M shares are outstanding, with a floating share count of 80.88M. Insiders hold about 64.11% of the company’s shares, while institutions hold 37.50% stake in the company. Shares short for ULCC as of 1735603200 were 15886759 with a Short Ratio of 6.17, compared to 1732838400 on 15516707. Therefore, it implies a Short% of Shares Outstanding of 15886759 and a Short% of Float of 36.730000000000004.
