Company’s 36-month beta value is 2.52.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 9 as “hold,” and 2 as “sell.”
The public float for ULCC is 80.06M, and currently, short sellers hold a 22.17% ratio of that floaft. The average trading volume of ULCC on November 06, 2024 was 2.31M shares.
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ULCC) stock’s latest price update
Frontier Group Holdings Inc (NASDAQ: ULCC)’s stock price has plunge by 1.23relation to previous closing price of 5.70. Nevertheless, the company has seen a -7.23% plunge in its stock price over the last five trading sessions. businesswire.com reported 2024-11-05 that DALLAS–(BUSINESS WIRE)–Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) reported third-quarter 2024 results today. Third-Quarter 2024 Highlights Added 381,000 fiber passings to reach 7.6 million total locations passed with fiber Added 108,000 fiber broadband customers, resulting in fiber broadband customer growth of 19.3% year-over-year Consumer fiber broadband ARPU of $65.40, up 1.4% year-over-year Revenue of $1.49 billion increased 3.7% year-over-year as growth in fiber-base.
ULCC’s Market Performance
Frontier Group Holdings Inc (ULCC) has experienced a -7.23% fall in stock performance for the past week, with a 2.30% rise in the past month, and a 86.73% rise in the past quarter. The volatility ratio for the week is 5.56%, and the volatility levels for the past 30 days are at 6.01% for ULCC. The simple moving average for the past 20 days is -9.02% for ULCC’s stock, with a 3.61% simple moving average for the past 200 days.
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 11.25% 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 -30.73% of loss for the given period.
Volatility was left at 6.01%, however, over the last 30 days, the volatility rate increased by 5.56%, as shares sank -1.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +67.73% upper at present.
During the last 5 trading sessions, ULCC fell by -7.23%, which changed the moving average for the period of 200-days by +22.25% in comparison to the 20-day moving average, which settled at $6.34. In addition, Frontier Group Holdings Inc saw 5.68% 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:
- -0.02 for the present operating margin
- 0.08 for the gross margin
The net margin for Frontier Group Holdings Inc stands at -0.0. The total capital return value is set at -0.01. Equity return is now at value -1.10, with -0.11 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 -0.2. The debt to equity ratio resting at 2.01. The interest coverage ratio of the stock is 6.1.
Currently, EBITDA for the company is 48.0 million with net debt to EBITDA at -74.25. When we switch over and look at the enterprise to sales, we see a ratio of 0.27. The receivables turnover for the company is 24.93for 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 0.53.
Conclusion
In a nutshell, Frontier Group Holdings Inc (ULCC) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
