A new trading day began on Tuesday, with Frontier Group Holdings Inc (NASDAQ: ULCC) stock price down -3.13% from the previous day of trading, before settling in for the closing price of $5.75. ULCC’s price has ranged from $2.79 to $8.33 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 20.07% over the past five years. Meanwhile, its annual earnings per share averaged -69.51%. With a float of $80.75 million, this company’s outstanding shares have now reached $223.00 million.
Let’s look at the performance matrix of the company that is accounted for 7235 employees. In terms of profitability, gross margin is 8.02%, operating margin of -1.66%, and the pretax margin is 1.12%.
Frontier Group Holdings Inc (ULCC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Airlines Industry. The insider ownership of Frontier Group Holdings Inc is 64.17%, while institutional ownership is 37.49%. The most recent insider transaction that took place on Nov 14 ’24, was worth 81,006. In this transaction VP & CAO of this company sold 12,000 shares at a rate of $6.75, taking the stock ownership to the 1,422 shares. Before that another transaction happened on Nov 14 ’24, when Company’s Officer proposed sale 12,000 for $6.75, making the entire transaction worth $81,011.
Frontier Group Holdings Inc (ULCC) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -69.51% per share during the next fiscal year.
Frontier Group Holdings Inc (NASDAQ: ULCC) Trading Performance Indicators
Here are Frontier Group Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.53 in one year’s time.
Technical Analysis of Frontier Group Holdings Inc (ULCC)
Frontier Group Holdings Inc (NASDAQ: ULCC) saw its 5-day average volume 2.91 million, a positive change from its year-to-date volume of 2.14 million. As of the previous 9 days, the stock’s Stochastic %D was 25.86%. Additionally, its Average True Range was 0.41.
During the past 100 days, Frontier Group Holdings Inc’s (ULCC) raw stochastic average was set at 61.44%, which indicates a significant increase from 21.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.13% in the past 14 days, which was higher than the 78.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.86, while its 200-day Moving Average is $5.59. Nevertheless, the first resistance level for the watch stands at $5.70 in the near term. At $5.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.95. If the price goes on to break the first support level at $5.45, it is likely to go to the next support level at $5.34. The third support level lies at $5.20 if the price breaches the second support level.
Frontier Group Holdings Inc (NASDAQ: ULCC) Key Stats
With a market capitalization of 1.26 billion, the company has a total of 225,372K Shares Outstanding. Currently, annual sales are 3,589 M while annual income is -11,000 K. The company’s previous quarter sales were 935,000 K while its latest quarter income was 26,000 K.
