Frontier Group Holdings Inc (NASDAQ: ULCC) is 24.54% higher on its value in year-to-date trading and has touched a low of $2.79 and a high of $8.33 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ULCC stock was last observed hovering at around $6.73 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $6.80, the stock is 3.93% and 19.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.68 million and changing 1.04% at the moment leaves the stock 20.88% off its SMA200. ULCC registered 65.45% gain for a year compared to 6-month gain of 14.86%. The firm has a 50-day simple moving average (SMA 50) of $5.6717 and a 200-day simple moving average (SMA200) of $5.625375.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 7.09% loss in the last 1 month and extending the period to 3 months gives it a 94.29%, and is 0.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.70% over the week and 6.44% over the month.
Frontier Group Holdings Inc (ULCC) has around 7235 employees, a market worth around $1.55B and $3.66B in sales. Fwd P/E is 12.78. Profit margin for the company is -0.16%. Distance from 52-week low is 143.73% and -18.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.15%).
The EPS is expected to shrink by -69.70% this year.
Frontier Group Holdings Inc (ULCC) Top Institutional Holders
198.0 institutions hold shares in Frontier Group Holdings Inc (ULCC), with institutional investors hold 133.95% of the company’s shares. The shares outstanding are 223.00M, and float is at 80.86M with Short Float at 20.94%. Institutions hold 52.01% of the Float.
The top institutional shareholder in the company is INDIGO PARTNERS LLC with over 32.09 million shares valued at $158.21 million. The investor’s holdings represent 14.3634% of the ULCC Shares outstanding. As of 2024-06-30, the second largest holder is WILDCAT CAPITAL MANAGEMENT, LLC with 28.06 million shares valued at $138.34 million to account for 12.5594 of the shares outstanding. The other top investors are ANCIENT ART, L.P. which holds 7.53 million shares representing 3.3692% and valued at over $37.11 million, while VANGUARD GROUP INC holds 2.1081 of the shares totaling 4.71 million with a market value of $23.22 million.
Frontier Group Holdings Inc (ULCC) Insider Activity
The most recent transaction is an insider sale by Wetzel Josh A, the company’s VP & CAO. SEC filings show that Wetzel Josh A sold 12,000 shares of the company’s common stock on Nov 14 ’24 at a price of $6.75 per share for a total of $81006.0. Following the sale, the insider now owns 1422.0 shares.
Still, SEC filings show that on Oct 04 ’24, Schuller Steve (SVP, Human Resources) disposed off 10,000 shares at an average price of $6.00 for $60000.0. The insider now directly holds 34,035 shares of Frontier Group Holdings Inc (ULCC).
