Frontier Group Holdings Inc (NASDAQ: ULCC) kicked off on November 20, 2023, at the price of $4.18, down -6.60% from the previous trading day. During the day, the shares moved up to $4.22 and dropped to $3.89 before settling in for the closing price of $4.24. Over the past 52 weeks, ULCC has traded in a range of $3.19-$14.10.
Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 20.97%. While this was happening, its average annual earnings per share was recorded -46.32%. With a float of $39.50 million, this company’s outstanding shares have now reached $217.88 million.
Considering the fact that the conglomerate employs 6470 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +1.53, operating margin of -3.40, and the pretax margin is -1.35.
Frontier Group Holdings Inc (ULCC) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Airlines Industry. The insider ownership of Frontier Group Holdings Inc is 82.13%, while institutional ownership is 20.08%. The most recent insider transaction that took place on Aug 11, was worth 330,079. In this transaction President & CEO of this company sold 44,418 shares at a rate of $7.43, taking the stock ownership to the 756,119 shares. Before that another transaction happened on Aug 07, when Company’s President & CEO sold 223,647 for $7.94, making the entire transaction worth $1,776,652. This insider now owns 800,537 shares in total.
Frontier Group Holdings Inc (ULCC) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported -$0.14 earnings per share (EPS), higher than consensus estimate (set at -$0.17) by $0.03. This company achieved a net margin of -1.11 while generating a return on equity of -7.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -46.32% per share during the next fiscal year.
Frontier Group Holdings Inc (NASDAQ: ULCC) Trading Performance Indicators
Take a look at Frontier Group Holdings Inc’s (ULCC) current performance indicators. Last quarter, stock had a quick ratio of 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach 0.32 in one year’s time.
Technical Analysis of Frontier Group Holdings Inc (ULCC)
Compared to the last year’s volume of 1.68 million, its volume of 2.81 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 61.62%. Additionally, its Average True Range was 0.33.
During the past 100 days, Frontier Group Holdings Inc’s (ULCC) raw stochastic average was set at 10.43%, which indicates a significant decrease from 64.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.26% in the past 14 days, which was higher than the 64.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.38, while its 200-day Moving Average is $7.97. Nevertheless, the first resistance level for the watch stands at $4.16 in the near term. At $4.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.49. If the price goes on to break the first support level at $3.83, it is likely to go to the next support level at $3.69. Now, if the price goes above the second support level, the third support stands at $3.50.
Frontier Group Holdings Inc (NASDAQ: ULCC) Key Stats
The company with the Market Capitalisation of 875.40 million has total of 221,064K Shares Outstanding. Its annual sales at the moment are 3,326 M in contrast with the sum of -37,000 K annual income. Company’s last quarter sales were recorded 883,000 K and last quarter income was -32,000 K.