Stock Market Recap: Frontier Group Holdings Inc (ULCC) Concludes at 7.78, a -7.05 Surge/Decline

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After finishing at $8.37 in the prior trading day, Frontier Group Holdings Inc (NASDAQ: ULCC) closed at $7.78, down -7.05%. In other words, the price has decreased by -$7.05 from its previous closing price. On the day, 3.08 million shares were traded. ULCC stock price reached its highest trading level at $8.3132 during the session, while it also had its lowest trading level at $7.53.

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 0.53. 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:

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 Jan 17 ’25 when Biffle Barry sold 273,000 shares for $8.44 per share. The transaction valued at 2,304,120 led to the insider holds 816,817 shares of the business.

Biffle Barry sold 160,000 shares of ULCC for $1,340,800 on Jan 15 ’25. The CEO now owns 864,817 shares after completing the transaction at $8.38 per share. On Jan 17 ’25, another insider, Biffle Barry, who serves as the Officer of the company, bought 273,000 shares for $8.44 each.

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 1753394176 and an Enterprise Value of 5404396544. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 3.18. Its current Enterprise Value per Revenue stands at 1.475 whereas that against EBITDA is -23.396.

Stock Price History:

The Beta on a monthly basis for ULCC is 2.35, which has changed by 0.71868587 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, ULCC has reached a high of $8.85, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is 12.67%, while the 200-Day Moving Average is calculated to be 40.45%.

Shares Statistics:

The stock has traded on average 2.51M shares per day over the past 3-months and 1890610 shares per day over the last 10 days, according to various share statistics. A total of 224.52M shares are outstanding, with a floating share count of 80.69M. Insiders hold about 64.20% of the company’s shares, while institutions hold 37.46% stake in the company. Shares short for ULCC as of 1736899200 were 15042203 with a Short Ratio of 5.99, compared to 1734048000 on 14956085. Therefore, it implies a Short% of Shares Outstanding of 15042203 and a Short% of Float of 34.77.

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