The stock of Frontier Group Holdings Inc (ULCC) has seen a 9.46% increase in the past week, with a 0.82% gain in the past month, and a 72.19% flourish in the past quarter. The volatility ratio for the week is 5.28%, and the volatility levels for the past 30 days are at 6.45% for ULCC. The simple moving average for the last 20 days is 1.23% for ULCC stock, with a simple moving average of 10.22% 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 also noteworthy at 2.44. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”
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The public float for ULCC is 80.75M, and at present, short sellers hold a 18.96% of that float. The average trading volume of ULCC on December 03, 2024 was 2.55M shares.
ULCC) stock’s latest price update
The stock of Frontier Group Holdings Inc (NASDAQ: ULCC) has increased by 5.15 when compared to last closing price of 5.83. Despite this, the company has experienced a 9.46% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-02 that SAN DIEGO, Dec. 02, 2024 (GLOBE NEWSWIRE) — Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ).
Analysts’ Opinion of ULCC
Many brokerage firms have already submitted their reports for ULCC stocks, with UBS repeating the rating for ULCC by listing it as a “Neutral.” The predicted price for ULCC in the upcoming period, according to UBS is $6 based on the research report published on November 26, 2024 of the current year 2024.
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 3.03% 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 -26.41% of loss for the given period.
Volatility was left at 6.45%, however, over the last 30 days, the volatility rate increased by 5.28%, as shares surge +2.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +40.60% upper at present.
During the last 5 trading sessions, ULCC rose by +9.46%, which changed the moving average for the period of 200-days by -20.60% in comparison to the 20-day moving average, which settled at $6.06. In addition, Frontier Group Holdings Inc saw 12.27% 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 1.37. 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
In summary, Frontier Group Holdings Inc (ULCC) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
