On Tuesday, Frontier Group Holdings Inc (NASDAQ: ULCC) was -2.75% drop from the session before settling in for the closing price of $6.91. A 52-week range for ULCC has been $2.79 – $8.33.
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During the last 5-year period, the sales growth of Industrials Sector giant was 20.07%. When this article was written, the company’s average yearly earnings per share was at -48.31%. With a float of $80.12 million, this company’s outstanding shares have now reached $223.00 million.
Let’s determine the extent of company efficiency that accounts for 7235 employees. In terms of profitability, gross margin is 4.96%, operating margin of -3.71%, and the pretax margin is -0.86%.
Frontier Group Holdings Inc (ULCC) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Frontier Group Holdings Inc stocks. The insider ownership of Frontier Group Holdings Inc is 64.31%, while institutional ownership is 36.86%. The most recent insider transaction that took place on Oct 04 ’24, was worth 60,000. In this transaction SVP, Human Resources of this company sold 10,000 shares at a rate of $6.00, taking the stock ownership to the 34,035 shares. Before that another transaction happened on Oct 04 ’24, when Company’s Officer proposed sale 10,000 for $6.00, making the entire transaction worth $60,000.
Frontier Group Holdings Inc (ULCC) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.14 earnings per share (EPS) during the time that was better than consensus figure (set at -0.17) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -48.31% per share during the next fiscal year.
Frontier Group Holdings Inc (NASDAQ: ULCC) Trading Performance Indicators
You can see what Frontier Group Holdings Inc (ULCC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.29, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Frontier Group Holdings Inc (ULCC)
Looking closely at Frontier Group Holdings Inc (NASDAQ: ULCC), its last 5-days average volume was 2.45 million, which is a jump from its year-to-date volume of 2.08 million. As of the previous 9 days, the stock’s Stochastic %D was 84.90%. Additionally, its Average True Range was 0.34.
During the past 100 days, Frontier Group Holdings Inc’s (ULCC) raw stochastic average was set at 91.61%, which indicates a significant increase from 83.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.94% in the past 14 days, which was higher than the 67.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.58, while its 200-day Moving Average is $5.49. However, in the short run, Frontier Group Holdings Inc’s stock first resistance to watch stands at $6.84. Second resistance stands at $6.96. The third major resistance level sits at $7.05. If the price goes on to break the first support level at $6.63, it is likely to go to the next support level at $6.54. Should the price break the second support level, the third support level stands at $6.42.
Frontier Group Holdings Inc (NASDAQ: ULCC) Key Stats
There are 223,958K outstanding shares of the company, which has a market capitalization of 1.51 billion. As of now, sales total 3,589 M while income totals -11,000 K. Its latest quarter income was 973,000 K while its last quarter net income were 31,000 K.
