For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Frontier Group Holdings Inc’s stock clocked out at $6.12, down -2.08% from its previous closing price of $6.25. In other words, the price has decreased by -$2.08 from its previous closing price. On the day, 1.38 million shares were traded. ULCC stock price reached its highest trading level at $6.2737 during the session, while it also had its lowest trading level at $6.02.
Ratios:
To gain a deeper understanding of ULCC’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
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 1370182272 and an Enterprise Value of 4217051392. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 2.69. Its current Enterprise Value per Revenue stands at 1.175 whereas that against EBITDA is -42.596.
Stock Price History:
The Beta on a monthly basis for ULCC is 2.63, which has changed by -0.3625 over the last 52 weeks, in comparison to a change of 0.22363698 over the same period for the S&P500. 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 -15.67%, while the 200-Day Moving Average is calculated to be 0.87%.
Shares Statistics:
It appears that ULCC traded 2.18M shares on average per day over the past three months and 1479500 shares per day over the past ten days. A total of 223.00M shares are outstanding, with a floating share count of 118.01M. Insiders hold about 47.17% of the company’s shares, while institutions hold 31.28% stake in the company. Shares short for ULCC as of 1713139200 were 12074398 with a Short Ratio of 5.55, compared to 1710460800 on 11540334. Therefore, it implies a Short% of Shares Outstanding of 12074398 and a Short% of Float of 28.910000000000004.
Earnings Estimates
The market rating of Frontier Group Holdings Inc (ULCC) is currently shaped by the ongoing analysis conducted by 12.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.18 for the current quarter, with a high estimate of -$0.14 and a low estimate of -$0.22, while EPS last year was -$0.06. The consensus estimate for the next quarter is $0.17, with high estimates of $0.29 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.77 and -$0.12 for the fiscal current year, implying an average EPS of $0.38. EPS for the following year is $0.85, with 12.0 analysts recommending between $1.34 and $0.25.
Revenue Estimates
For the next quarter, 8 analysts are estimating revenue of $1.06B. There is a high estimate of $1.1B for the next quarter, whereas the lowest estimate is $995M.
A total of 11 analysts have provided revenue estimates for ULCC’s current fiscal year. The highest revenue estimate was $4.19B, while the lowest revenue estimate was $3.93B, resulting in an average revenue estimate of $4.09B. In the same quarter a year ago, actual revenue was $3.59BBased 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.
