The stock of Frontier Group Holdings Inc (ULCC) has seen a -11.68% decrease in the past week, with a 10.93% gain in the past month, and a 50.63% flourish in the past quarter. The volatility ratio for the week is 4.23%, and the volatility levels for the past 30 days are at 5.62% for ULCC. The simple moving average for the last 20 days is -4.38% for ULCC’s stock, with a simple moving average of 7.28% for the last 200 days.
Is It Worth Investing in Frontier Group Holdings Inc (NASDAQ: ULCC) Right Now?
The 36-month beta value for ULCC is at 2.56. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 9 as “hold,” and 2 as “sell.”
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The public float for ULCC is 80.06M, and currently, shorts hold a 22.17% of that float. The average trading volume for ULCC on October 29, 2024 was 2.24M shares.
ULCC) stock’s latest price update
Frontier Group Holdings Inc (NASDAQ: ULCC)’s stock price has dropped by -18.36 in relation to previous closing price of 7.27. Nevertheless, the company has seen a loss of -11.68% in its stock price over the last five trading days. zacks.com reported 2024-10-29 that The headline numbers for Frontier Group (ULCC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Analysts’ Opinion of ULCC
Many brokerage firms have already submitted their reports for ULCC stocks, with Citigroup repeating the rating for ULCC by listing it as a “Neutral.” The predicted price for ULCC in the upcoming period, according to Citigroup is $7.15 based on the research report published on October 22, 2024 of the current year 2024.
TD Cowen gave a rating of “Hold” to ULCC, setting the target price at $4 in the report published on September 16th of the current year.
ULCC Trading at 20.38% from the 50-Day Moving Average
After a stumble in the market that brought ULCC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.75% of loss for the given period.
Volatility was left at 5.62%, however, over the last 30 days, the volatility rate increased by 4.23%, as shares surge +9.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +65.86% upper at present.
During the last 5 trading sessions, ULCC fell by -13.62%, which changed the moving average for the period of 200-days by +22.99% in comparison to the 20-day moving average, which settled at $6.20. In addition, Frontier Group Holdings Inc saw 8.70% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ULCC starting from Schuller Steve, who sale 10,000 shares at the price of $6.00 back on Oct 04 ’24. After this action, Schuller Steve now owns 34,035 shares of Frontier Group Holdings Inc, valued at $60,000 using the latest closing price.
Schuller Steve, the Officer of Frontier Group Holdings Inc, proposed sale 10,000 shares at $6.00 during a trade that took place back on Oct 04 ’24, which means that Schuller Steve is holding shares at $60,000 based on the most recent closing price.
Stock Fundamentals for ULCC
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.05 for the gross margin
The net margin for Frontier Group Holdings Inc stands at -0.02. The total capital return value is set at -0.03. Equity return is now at value -11.79, with -1.23 for asset returns.
Based on Frontier Group Holdings Inc (ULCC), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at -0.23. The debt to equity ratio resting at 2.02. The interest coverage ratio of the stock is 16.75.
Currently, EBITDA for the company is 48.0 million with net debt to EBITDA at -47.38. When we switch over and look at the enterprise to sales, we see a ratio of 1.31. The receivables turnover for the company is 36.48for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.52.
Conclusion
In conclusion, Frontier Group Holdings Inc (ULCC) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
