Frontier Group Holdings Inc (NASDAQ: ULCC) on Tuesday, soared 4.45% from the previous trading day, before settling in for the closing price of $7.97. Within the past 52 weeks, ULCC’s price has moved between $2.79 and $8.41.
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Annual sales at Industrials sector company grew by 21.00% over the past five years. The company achieved an average annual earnings per share of -8.75%. With a float of $80.92 million, this company’s outstanding shares have now reached $224.52 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 Updates
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of Frontier Group Holdings Inc is 64.10%, while institutional ownership is 37.50%. The most recent insider transaction that took place on Jan 06 ’25, was worth 1,260,800. In this transaction CEO of this company sold 160,000 shares at a rate of $7.88, taking the stock ownership to the 1,024,817 shares. Before that another transaction happened on Jan 02 ’25, when Company’s SVP, Human Resources sold 5,000 for $7.07, making the entire transaction worth $35,336. This insider now owns 47,590 shares in total.
Frontier Group Holdings Inc (ULCC) Performance Highlights and Predictions
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 -8.75% per share during the next fiscal year.
Frontier Group Holdings Inc (NASDAQ: ULCC) Trading Performance Indicators
Frontier Group Holdings Inc (ULCC) is currently performing well based on its current performance indicators. A quick ratio of 0.48 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.59 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 2.18 million, a negative change from its year-to-date volume of 2.72 million. As of the previous 9 days, the stock’s Stochastic %D was 85.28%. Additionally, its Average True Range was 0.44.
During the past 100 days, Frontier Group Holdings Inc’s (ULCC) raw stochastic average was set at 98.37%, which indicates a significant increase from 95.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.39% in the past 14 days, which was lower than the 76.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.54, while its 200-day Moving Average is $5.49. Nevertheless, the first resistance level for the watch stands at $8.43 in the near term. At $8.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.73. If the price goes on to break the first support level at $8.13, it is likely to go to the next support level at $7.93. Assuming the price breaks the second support level, the third support level stands at $7.83.
Frontier Group Holdings Inc (NASDAQ: ULCC) Key Stats
Market capitalization of the company is 1.88 billion based on 225,372K outstanding shares. Right now, sales total 3,589 M and income totals -11,000 K. The company made 935,000 K in profit during its latest quarter, and 26,000 K in sales during its previous quarter.
