Frontier Group Holdings, Inc. (ULCC)

NASDAQ: ULCC · Real-Time Price · USD
6.75
+0.32 (4.98%)
Dec 20, 2024, 4:00 PM EST - Market closed
4.98%
Market Cap 1.52B
Revenue (ttm) 3.66B
Net Income (ttm) -6.00M
Shares Out 225.37M
EPS (ttm) -0.03
PE Ratio n/a
Forward PE 18.14
Dividend n/a
Ex-Dividend Date n/a
Volume 3,693,931
Open 6.33
Previous Close 6.43
Day's Range 6.30 - 6.85
52-Week Range 2.79 - 8.33
Beta 2.44
Analysts Hold
Price Target 6.68 (-1.04%)
Earnings Date Feb 4, 2025

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 $6.68, which is a decrease of -1.04% from the latest price.

Price Target
$6.68
(-1.04% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Frontier is the latest budget airline to add 'first class' seats to target more premium flyers

Frontier Airlines plans to introduce "first-class" seats in 2025. The move marks a shift from Frontier's no-frills model amid competition from mainline carriers.

17 days ago - Business Insider

A No-Frills Airline Is Getting Into the Premium Game

Frontier Airlines has come to the same conclusion as many of its peers: Premium is where the money is.

17 days ago - Investopedia

US budget carrier Frontier Airlines to offer first-class style seats

U.S. budget carrier Frontier Airlines said Tuesday it will offer first-class style seating to woo passengers willing to spend more.

18 days ago - Reuters

Frontier Airlines will install first-class seats as industry battles for high-paying flyers

Budget carrier Frontier Airlines plans to install two rows of first-class seats at the front of its Airbus aircraft. The airline also plans to increase perks for its top-tier frequent flyers.

18 days ago - CNBC

Frontier Airlines Unveils the Next Evolution of The New Frontier: Affordable Luxury and Unmatched Loyalty Benefits

Introducing First-Class Seating and the Most Rewarding Loyalty Program Ever With Free Seat Upgrades, Unlimited Companion Travel, and More Limited Time: Get Platinum Elite Status for 2025 by Earning Ju...

18 days ago - PRNewsWire

M&A is back on the table for airline industry, says Frontier CEO Barry Biffle

Barry Biffle, Frontier Airlines CEO, joins 'Money Movers' to discuss holiday travel outlook for airlines, competition and return of M&A.

24 days ago - CNBC Television

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.

5 weeks 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...

7 weeks 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...

7 weeks 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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...

2 months 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.

2 months 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
3 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...

3 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
4 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), ...

4 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...

4 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.

4 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...

4 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...

5 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...

5 months ago - PRNewsWire