Frontier Group Holdings Inc (NASDAQ: ULCC) has seen a decline in its stock price by -3.13 in relation to its previous close of 5.75. However, the company has experienced a 3.34% gain in its stock price over the last five trading sessions. youtube.com reported 2024-11-26 that Barry Biffle, Frontier Airlines CEO, joins ‘Money Movers’ to discuss holiday travel outlook for airlines, competition and return of M&A.
Is It Worth Investing in Frontier Group Holdings Inc (NASDAQ: ULCC) Right Now?
Moreover, the 36-month beta value for ULCC is 2.45. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 9 as “hold,” and 2 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ULCC is 80.75M and currently, short sellers hold a 20.97% of that float. On November 27, 2024, ULCC’s average trading volume was 2.48M shares.
ULCC’s Market Performance
ULCC stock saw a decrease of 3.34% in the past week, with a monthly decline of -23.38% and a quarterly a decrease of 62.39%. The volatility ratio for the week is 5.38%, and the volatility levels for the last 30 days are 7.39% for Frontier Group Holdings Inc (ULCC). The simple moving average for the last 20 days is -8.50% for ULCC stock, with a simple moving average of -0.32% for the last 200 days.
Analysts’ Opinion of ULCC
Citigroup, on the other hand, stated in their research note that they expect to see ULCC reach a price target of $7.15, previously predicting the price at $4.70. The rating they have provided for ULCC stocks is “Neutral” according to the report published on October 22nd, 2024.
ULCC Trading at -4.91% 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 -33.13% of loss for the given period.
Volatility was left at 7.39%, however, over the last 30 days, the volatility rate increased by 5.38%, as shares sank -10.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.05% upper at present.
During the last 5 trading sessions, ULCC rose by +3.34%, which changed the moving average for the period of 200-days by -29.31% in comparison to the 20-day moving average, which settled at $6.09. In addition, Frontier Group Holdings Inc saw 2.01% 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 Wetzel Josh A, who sale 12,000 shares at the price of $6.75 back on Nov 14 ’24. After this action, Wetzel Josh A now owns 1,422 shares of Frontier Group Holdings Inc, valued at $81,006 using the latest closing price.
JOSHUA WETZEL, the Officer of Frontier Group Holdings Inc, proposed sale 12,000 shares at $6.75 during a trade that took place back on Nov 14 ’24, which means that JOSHUA WETZEL is holding shares at $81,011 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 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at -0.48. The debt to equity ratio resting at 0.85. The interest coverage ratio of the stock is -5.55.
Currently, EBITDA for the company is 83.0 million with net debt to EBITDA at -110.64. When we switch over and look at the enterprise to sales, we see a ratio of 1.34. The receivables turnover for the company is 24.43for 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
To wrap up, the performance of Frontier Group Holdings Inc (ULCC) has been better in recent times. The stock has received a mixed of “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.
