Frontier Group Holdings, Inc. (ULCC)

NASDAQ: ULCC · Real-Time Price · USD
5.47
+0.08 (1.48%)
At close: Nov 20, 2024, 4:00 PM
5.49
+0.02 (0.37%)
Pre-market: Nov 21, 2024, 4:07 AM EST
1.48%
Market Cap 1.23B
Revenue (ttm) 3.66B
Net Income (ttm) -6.00M
Shares Out 225.37M
EPS (ttm) -0.03
PE Ratio n/a
Forward PE 16.57
Dividend n/a
Ex-Dividend Date n/a
Volume 3,321,190
Open 5.27
Previous Close 5.39
Day's Range 5.13 - 5.49
52-Week Range 2.79 - 8.33
Beta 2.51
Analysts Hold
Price Target 6.35 (+16.09%)
Earnings Date Oct 29, 2024

About ULCC

Frontier Group Holdings, Inc., provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts. Frontier Group Holdings, Inc. was founded in 1994 and is headquartered in Denver, Colorado. [Read more]

Industry Airlines
Sector Industrials
IPO Date Apr 1, 2021
Employees 7,214
Stock Exchange NASDAQ
Ticker Symbol ULCC
Full Company Profile

Financial Performance

In 2023, Frontier Group Holdings's revenue was $3.59 billion, an increase of 7.91% compared to the previous year's $3.33 billion. Losses were -$11.00 million, -70.27% less than in 2022.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for ULCC stock is "Hold." The 12-month stock price forecast is $6.35, which is an increase of 16.09% from the latest price.

Price Target
$6.35
(16.09% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Spirit may be at the end of its runway as Frontier talks break down, bankruptcy looms

Beleaguered Spirit Airlines reportedly is discussing its options with creditors as Frontier Airlines abandons merger talks.

8 days ago - Market Watch

Frontier Group Holdings, Inc. (ULCC) Q3 2024 Earnings Call Transcript

Frontier Group Holdings, Inc. (NASDAQ:ULCC) Q3 2024 Earnings Conference Call October 29, 2024 11:30 AM ET Company Participants David Erdman – Senior Director of Investor Relations Barry Biffle – Chie...

22 days ago - Seeking Alpha

Frontier Airlines Reports Third Quarter 2024 Financial Results

DENVER , Oct. 29, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the third quarter of 2024 and issue...

22 days ago - PRNewsWire

Passengers sue Frontier Airlines after flight catches fire during landing in Las Vegas

Three passengers filed a lawsuit against Frontier Airlines, alleging they suffered injuries when a flight caught on fire while landing at a Las Vegas airport.

4 weeks ago - Fox Business

Spirit, Frontier Merger Talks Are Back On. But This Could Spoil Any Deal.

If the deal does happen, it would come about as part of Spirit restructuring its debt via a bankruptcy, The Wall Street Journal reported.

4 weeks ago - Barrons

Frontier, Spirit Airlines Revive Merger Talks

The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.

4 weeks ago - WSJ

Frontier reportedly considering renewed merger talks with Spirit Airlines

More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.

4 weeks ago - Market Watch

Frontier, Spirit Airlines revive merger talks, WSJ reports

Frontier Airlines is exploring a renewed bid for Spirit Airlines , the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

4 weeks ago - Reuters

Frontier Group Holdings Announces Webcast of Third Quarter 2024 Financial Results

DENVER , Oct. 16, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing third quarter 2024 financial results before market ope...

5 weeks ago - PRNewsWire

Frontier pilots vote to authorize strike

Frontier Airlines pilots have voted to authorize a strike, the Air Line Pilots Association said on Tuesday.

5 weeks ago - Reuters

Flights are getting more expensive again as airlines scale back their growth plans

Airlines are raising their unit revenue forecasts for the third quarter. Flights are getting more expensive again, according to the latest inflation report.

Other symbols: DALJBLU
2 months ago - CNBC

Frontier Airlines to Participate in the Morgan Stanley 12th Annual Laguna Conference

DENVER , Sept. 5, 2024 /PRNewswire/ -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the Morgan Stanley...

2 months ago - PRNewsWire

Where are low-cost airlines cutting back now? New planes

JetBlue, Spirit and Frontier have said they will defer deliveries of dozens of new Airbus planes.   Those deferrals come as many airlines are still short on deliveries of fuel-efficient jets and deman...

Other symbols: JBLU
2 months ago - CNBC

Exciting New Benefit Introduced for FRONTIER Airlines World Mastercard® Cardmembers: Free Checked Bags!

Marks Latest Enhancement to the Airline Credit Card Named Money.com's  'Best for Budget Travel' in 2024 DENVER , Aug. 15, 2024 /PRNewswire/ -- Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC), ...

3 months ago - PRNewsWire

Frontier Group Holdings, Inc. (ULCC) Q2 2024 Earnings Call Transcript

Frontier Group Holdings, Inc. (NASDAQ:ULCC) Q2 2024 Earnings Conference Call August 8, 2024 12:00 PM ET Company Participants David Erdman - Senior Director, Investor Relations Barry Biffle - Chief Ex...

3 months ago - Seeking Alpha

Frontier beats quarterly profit estimates, defers jet deliveries

Frontier Group , the parent of budget carrier Frontier Airlines, beat Wall Street estimates for second-quarter profit on Thursday, and said it will defer taking deliveries of 54 Airbus jets.

3 months ago - Reuters

Frontier Airlines Reports Second Quarter 2024 Financial Results

DENVER , Aug. 8, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the second quarter of 2024 and issue...

3 months ago - PRNewsWire

Frontier Group Holdings Reschedules Webcast of Second Quarter 2024 Financial Results

DENVER , Aug. 2, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., announces a change to the timing of its second quarter 2024 live earnings...

3 months ago - PRNewsWire

Frontier Group Holdings Announces Webcast of Second Quarter 2024 Financial Results

DENVER , July 31, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing second quarter 2024 financial results before market op...

4 months ago - PRNewsWire

US airlines jump on the premium-seat bandwagon

Demand for high-end travel is booming, and U.S. carriers are in a rush to seize on it.

Other symbols: LUV
4 months ago - Reuters

Frontier Airlines Releases 2023 Environmental, Social, and Governance Report

Airline Investing More than $1 Billion Per Year in America's Most Fuel-Efficient Fleet DENVER , July 29, 2024 /PRNewswire/ -- Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) today released its...

4 months ago - PRNewsWire

Citi Research's Stephen Trent on global outage impact on airlines

Stephen Trent, Citi Research airline analyst, joins 'Power Lunch' to discuss the impact of CrowdStrike's IT outage on the airline industry and more.

Other symbols: AALALKDALJBLULUVUAL
4 months ago - CNBC Television

Microsoft outage causes Frontier airlines to briefly ground all flights

Microsoft said on Thursday that it was investigating issues with multiple Azure services in the Central U.S. region, including failures with service management operations and connectivity or availabil...

Other symbols: MSFT
4 months ago - Reuters

Frontier Stock Tumbled 38% Since May - What Is Wrong?

Frontier Group Holdings stock has tumbled 38% since being upgraded to buy in May. Frontier expects capacity expansion of 12-14% and pre-tax margins of 3-6% for Q2 2024. Analysts expect 6.6% revenue gr...

4 months ago - Seeking Alpha

Top 3 Industrials Stocks You'll Regret Missing In Q3

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. `

Other symbols: AVAVGBX
4 months ago - Benzinga