Frontier Group (ULCC) Stock Price, News & Analysis

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontier Group in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ULCC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ULCC, but not buy additional shares or sell existing shares.
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11 Wall Street research analysts have issued 12-month price objectives for Frontier Group's stock. Their ULCC share price targets range from $4.00 to $19.00. On average, they expect the company's stock price to reach $9.18 in the next year. This suggests a possible upside of 93.2% from the stock's current price.
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Frontier Group's stock was trading at $10.27 at the start of the year. Since then, ULCC shares have decreased by 53.7% and is now trading at $4.75.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our ULCC earnings forecast.

Frontier Group Holdings, Inc. (NASDAQ:ULCC) issued its quarterly earnings results on Thursday, October, 26th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.02. The firm had revenue of $883 million for the quarter, compared to the consensus estimate of $895.91 million. Frontier Group had a trailing twelve-month return on equity of 12.55% and a net margin of 1.83%. Frontier Group's quarterly revenue was down 2.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.14 EPS.

ETFs with the largest weight of Frontier Group (NASDAQ:ULCC) stock in their portfolio include U.S. Global Jets ETF (JETS), SPDR S&P Transportation ETF (XTN) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR).

(ULCC) raised $600 million in an IPO on Thursday, April 1st 2021. The company issued 30,000,000 shares at a price of $19.00-$21.00 per share. Citigroup, Barclays, Deutsche Bank Securities, Morgan Stanley, Evercore ISI, BofA Securities, J.P. Morgan, Nomura and UBS Investment Bank acted as the underwriters for the IPO and Cowen and Raymond James were co-managers.

Frontier Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Ancient Art L.P. (3.60%), U S Global Investors Inc. (3.25%), Hodges Capital Management Inc. (0.67%), First Dallas Securities Inc. (0.43%), Peregrine Capital Management LLC (0.37%) and Connor Clark & Lunn Investment Management Ltd. (0.20%). Insiders that own company stock include Barry Biffle, Frontier Holdings Compa Indigo, Howard Diamond, Jacob F Filene, James G Dempsey, Josh A Wetzel, Mark Christopher Mitchell, Patricia Salas Pineda and Robert J Genise.
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Shares of ULCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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