Frontier Group Holdings Inc (ULCC) concluded trading on Wednesday at a closing price of $6.85, with 3.39 million shares of worth about $23.23 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.70% during that period and on October 23, 2024 the price saw a gain of about 1.93%. Currently the company’s common shares owned by public are about 223.00M shares, out of which, 80.06M shares are available for trading.
Stock saw a price change of 10.13% in past 5 days and over the past one month there was a price change of 50.55%. Year-to-date (YTD), ULCC shares are showing a performance of 25.46% which increased to 67.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.79 but also hit the highest price of $8.33 during that period. The average intraday trading volume for Frontier Group Holdings Inc shares is 2.20 million. The stock is currently trading 16.85% above its 20-day simple moving average (SMA20), while that difference is up 47.18% for SMA50 and it goes to 24.59% higher than SMA200.
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Frontier Group Holdings Inc (NASDAQ: ULCC) currently have 223.00M outstanding shares and institutions hold larger chunk of about 36.86% of that.
The stock has a current market capitalization of $1.54B and its 3Y-monthly beta is at 2.57. It has posted earnings per share of -$0.29 in the same period. It has Quick Ratio of 0.48 while making debt-to-equity ratio of 7.83. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ULCC, volatility over the week remained 6.20% while standing at 5.75% over the month.
Analysts are in expectations that Frontier Group Holdings Inc (ULCC) stock would likely to be making an EPS of -0.04 in the current quarter, while forecast for next quarter EPS is 0.02 and it is 0.5 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.14 which is 0.01 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.14 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -48.31% while it is estimated to increase by 736.67% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on October 22, 2024 offering a Neutral rating for the stock and assigned a target price range of between $4.70 and $7.15 to it. Stock get a Hold rating from TD Cowen on July 17, 2024.
