Frontier Group (ULCC) Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Frontier Group in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ULCC shares.
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10 Wall Street analysts have issued 1-year price targets for Frontier Group's shares. Their ULCC share price forecasts range from $8.00 to $25.00. On average, they expect the company's share price to reach $13.36 in the next year. This suggests a possible upside of 178.4% from the stock's current price.
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Frontier Group's stock was trading at $10.27 at the beginning of 2023. Since then, ULCC shares have decreased by 53.3% and is now trading at $4.80.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our ULCC earnings forecast.

Frontier Group Holdings, Inc. (NASDAQ:ULCC) posted its quarterly earnings results on Tuesday, August, 1st. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.03. The business earned $967 million during the quarter, compared to the consensus estimate of $966.73 million. Frontier Group had a net margin of 3.56% and a trailing twelve-month return on equity of 25.80%. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.09 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 trades on the NASDAQ under the ticker symbol "ULCC."

Frontier Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include U S Global Investors Inc. (2.55%), BlackRock Inc. (1.20%), Hodges Capital Management Inc. (1.04%), Marshall Wace LLP (0.58%), State Street Corp (0.56%) and Geode Capital Management LLC (0.40%). 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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One share of ULCC stock can currently be purchased for approximately $4.80.

Frontier Group (NASDAQ:ULCC) has a market capitalization of $1.06 billion and generates $3.33 billion in revenue each year. The company earns $-37,000,000.00 in net income (profit) each year or $0.56 on an earnings per share basis.

The company employs 6,470 workers across the globe.

Frontier Group's mailing address is 4545 AIRPORT WAY, DENVER CO, 80239. The official website for the company is www.flyfrontier.com. The company can be reached via phone at (720) 374-4490 or via email at ir@flyfrontier.com.