Should I buy or sell Frontier Group stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Frontier Group in the last twelve months. There are currently 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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. View ULCC analyst ratings or view top-rated stocks .

What is Frontier Group's stock price target for 2024?

11 equities research analysts have issued 1 year target prices for Frontier Group's shares. Their ULCC share price targets range from $4.10 to $12.00. On average, they predict the company's share price to reach $7.78 in the next year. This suggests a possible upside of 11.0% from the stock's current price. View analysts price targets for ULCC or view top-rated stocks among Wall Street analysts .

How have ULCC shares performed in 2024?

Frontier Group's stock was trading at $5.46 at the start of the year. Since then, ULCC shares have increased by 28.4% and is now trading at $7.01. View the best growth stocks for 2024 here .

When is Frontier Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our ULCC earnings forecast .

How were Frontier Group's earnings last quarter?

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 company had revenue of $883 million for the quarter, compared to the consensus estimate of $895.91 million. Frontier Group had a positive trailing twelve-month return on equity of 5.33% and a negative net margin of 0.31%. Frontier Group's revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.14 EPS.

What ETF holds Frontier Group's stock?

U.S. Global Jets ETF holds 4,753,396 shares of ULCC stock, representing 2.58% of its portfolio.

When did Frontier Group IPO?

Frontier Group (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 served as the underwriters for the IPO and Cowen and Raymond James were co-managers.

How do I buy shares of Frontier Group?

Shares of ULCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:ULCC

Frontier Group (ULCC) Stock Price, News & Analysis

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$7.01

+0.11 (+1.59%)

(As of 04/18/2024 ET)

Compare

Today's Range: $6.94
▼
$7.21
50-Day Range: $6.50
▼
$8.13
52-Week Range: $3.19
▼
$10.57

Volume: 1.62 million shs
Average Volume: 2.37 million shs
Market Capitalization: $1.57 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.78

Get Frontier Group alerts:

Frontier Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.18 Rating Score
Upside/Downside: 11.0% Upside
$7.78 Price Target
Short Interest: Bearish
28.58% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.74
Based on 7 Articles This Week
Insider Trading: Selling Shares
$1.28 M Sold Last Quarter
Proj. Earnings Growth: 123.81%
From $0.42 to $0.94 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.55 out of 5 stars

Transportation Sector

71st out of 106 stocks

Air Transportation, Scheduled Industry

11th out of 17 stocks

3.1

Analyst's Opinion

Consensus Rating
Frontier Group has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 2 buy ratings, 9 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Frontier Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
28.58% of the float of Frontier Group has been sold short.
Short Interest Ratio / Days to Cover
Frontier Group has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in Frontier Group has recently increased by 1.82%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Frontier Group does not currently pay a dividend.
Dividend Growth
Frontier Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ULCC.

3.2

News and Social Media Coverage

News Sentiment
Frontier Group has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Frontier Group this week, compared to 3 articles on an average week.
Search Interest
5 people have searched for ULCC on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Frontier Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Frontier Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,275,051.00 in company stock.
Percentage Held by Insiders
83.20% of the stock of Frontier Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Frontier Group are expected to grow by 123.81% in the coming year, from $0.42 to $0.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Frontier Group is -116.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Frontier Group is -116.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Frontier Group has a P/B Ratio of 3.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Frontier Group Stock (NASDAQ:ULCC)

Frontier Group Holdings, Inc., provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts. Frontier Group Holdings, Inc. was founded in 1994 and is headquartered in Denver, Colorado.

ULCC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ULCC Stock News Headlines

April 18, 2024 | finance.yahoo.com

Frontier Group Holdings Announces Webcast of First Quarter 2024 Financial Results

April 18, 2024 | prnewswire.com

Frontier Group Holdings Announces Webcast of First Quarter 2024 Financial Results

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 14, 2024 | americanbankingnews.com

Frontier Group (NASDAQ:ULCC) Stock Price Down 4.2%

April 12, 2024 | msn.com

Global airline stocks trade lower as investors brace for earnings

April 9, 2024 | americanbankingnews.com

Frontier Group (NASDAQ:ULCC) Stock Price Up 4.9% on Analyst Upgrade

April 4, 2024 | bizjournals.com

Frontier adds another direct flight out of Buffalo

April 4, 2024 | bizjournals.com

Frontier Airlines adds new nonstop routes from Philadelphia International Airport to two East Coast destinations

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 3, 2024 | msn.com

Frontier Group (NASDAQ:ULCC) Sinks as Flight Attendants Rebel

April 3, 2024 | msn.com

Frontier flight attendants oppose 'turn trips' and file dispute with management

April 2, 2024 | msn.com

Frontier Airlines plans to take on legacy carriers in bid to boost profitability

April 2, 2024 | reuters.com

Frontier Airlines overhauls network, turns to premium seats in comeback

March 29, 2024 | prnewswire.com

Indigo Partners Announces Plans to Distribute Frontier Group Holdings Common Stock to its Limited Partners

March 28, 2024 | msn.com

One injured after Frontier Airlines plane evacuated over ‘strong odor’: report

March 26, 2024 | investorplace.com

Double Down: 7 Beaten-Down Growth Stocks to Buy Hand Over Fist

March 21, 2024 | in.investing.com

UBS starts coverage of airline stocks, highlights 4 buy rated names

March 20, 2024 | markets.businessinsider.com

The Analyst Landscape: 4 Takes On Frontier Group Holdings

March 15, 2024 | bizjournals.com

Frontier opens new crew base in Midwest city to support expanding routes

March 15, 2024 | finance.yahoo.com

AFMD Mar 2024 7.500 call

March 13, 2024 | ca.finance.yahoo.com

ULCC Jul 2024 10.000 call

March 12, 2024 | cnbc.com

Frontier's newest upsell: Empty middle seats, more legroom at the front of the plane

March 12, 2024 | msn.com

Frontier Airlines Unveils New Upgraded Seating Option

March 12, 2024 | markets.businessinsider.com

Frontier Airlines Launches Upgraded Seating

March 12, 2024 | globenewswire.com

Frontier Airlines Introduces New UpFront Plus Seating with a Guaranteed Empty Middle Seat for Added Personal Space and Comfort

March 11, 2024 | globenewswire.com

Frontier Airlines to Participate in the JP Morgan Industrials Conference

March 7, 2024 | stockhouse.com

Frontier Airlines Announces Appointment of Bobby Schroeter to Senior Vice President - Chief Commercial Officer

See More Headlines

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Company Calendar

Last Earnings: 10/26/2023
Today: 4/18/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Transportation
Industry: Air transportation, scheduled
Sub-Industry: N/A
Current Symbol: NASDAQ:ULCC
CUSIP: N/A
CIK: 1670076
Web: www.flyfrontier.com
Phone: (720) 374-4490
Fax: N/A
Employees: 7,235
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.78
High Stock Price Target: $12.00
Low Stock Price Target: $4.10
Potential Upside/Downside: +11.0%
Consensus Rating: Hold
Rating Score (0-4): 2.18
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.06)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 16.69
P/E Growth: N/A
Net Income: $-11,000,000.00
Net Margins: -0.31%
Pretax Margin: 0.89%
Return on Equity: 5.33%
Return on Assets: 0.58%

Debt

Debt-to-Equity Ratio: 0.50
Current Ratio: 0.53
Quick Ratio: 0.48

Sales & Book Value

Annual Sales: $3.59 billion
Price / Sales: 0.44
Cash Flow: $0.39 per share
Price / Cash Flow: 18.19
Book Value: $2.29 per share
Price / Book: 3.06

Miscellaneous

Outstanding Shares: 223,890,000
Free Float: 37,613,000
Market Cap: $1.57 billion
Optionable: Optionable
Beta: 2.57

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Key Executives

Mr. Barry L. Biffle (Age 52)
CEO & Director
Comp: $1.45M
Mr. James G. Dempsey (Age 49)
President
Comp: $1.96M
Mr. Trevor J. Stedke (Age 53)
Senior Vice President of Operations
Comp: $1.04M
Mr. Mark C. Mitchell (Age 50)
Senior VP & CFO
Mr. Josh A. Wetzel (Age 42)
VP, Chief Accounting Officer & Principal Accounting Officer
Mr. Howard M. Diamond (Age 57)
Senior VP, Corporate Secretary & General Counsel
Comp: $663.51k
Ms. Tyri Squyres
Vice President of Marketing
Mr. Steve Schuller
Senior Vice President of Human Resources
Mr. Daniel M. Shurz (Age 48)
Senior Vice President of Commercial
Comp: $605.33k
Alexandre Clerc
Senior Vice President of Customers

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ULCC Stock Analysis - Frequently Asked Questions

Should I buy or sell Frontier Group stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Frontier Group in the last twelve months. There are currently 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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.
View ULCC analyst ratings or view top-rated stocks.
What is Frontier Group's stock price target for 2024?: 11 equities research analysts have issued 1 year target prices for Frontier Group's shares. Their ULCC share price targets range from $4.10 to $12.00. On average, they predict the company's share price to reach $7.78 in the next year. This suggests a possible upside of 11.0% from the stock's current price.
View analysts price targets for ULCC or view top-rated stocks among Wall Street analysts.
How have ULCC shares performed in 2024?: Frontier Group's stock was trading at $5.46 at the start of the year. Since then, ULCC shares have increased by 28.4% and is now trading at $7.01.
View the best growth stocks for 2024 here.
When is Frontier Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our ULCC earnings forecast.

How were Frontier Group's earnings last quarter?: 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 company had revenue of $883 million for the quarter, compared to the consensus estimate of $895.91 million. Frontier Group had a positive trailing twelve-month return on equity of 5.33% and a negative net margin of 0.31%. Frontier Group's revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.14 EPS.
What ETF holds Frontier Group's stock?: U.S. Global Jets ETF holds 4,753,396 shares of ULCC stock, representing 2.58% of its portfolio.
When did Frontier Group IPO?: Frontier Group (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 served as the underwriters for the IPO and Cowen and Raymond James were co-managers.
How do I buy shares of Frontier Group?: Shares of ULCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ULCC) was last updated on 4/18/2024 by MarketBeat.com Staff

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Frontier Group (ULCC) Stock Price, News & Analysis

Frontier Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Frontier Group Stock (NASDAQ:ULCC)

ULCC Stock Price History

ULCC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ULCC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™