Frontier Group Holdings, Inc. (ULCC)

NASDAQ: ULCC · IEX Real-Time Price · USD
4.790
+0.020 (0.42%)
At close: Jul 2, 2024, 4:00 PM
4.850
+0.060 (1.25%)
After-hours: Jul 2, 2024, 7:49 PM EDT
0.42%
Market Cap 1.07B
Revenue (ttm) 3.61B
Net Income (ttm) -24.00M
Shares Out 223.96M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE 6.71
Dividend n/a
Ex-Dividend Date n/a
Volume 1,482,201
Open 4.810
Previous Close 4.770
Day's Range 4.670 - 4.910
52-Week Range 3.190 - 10.570
Beta 2.56
Analysts Hold
Price Target 7.42 (+54.91%)
Earnings Date Jul 30, 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 7,235
Stock Exchange NASDAQ
Ticker Symbol ULCC
Full Company Profile

Financial Performance

In 2023, ULCC'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 $7.42, which is an increase of 54.91% from the latest price.

Price Target
$7.42
(54.91% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Frontier Group Holdings, Inc. Announces New Board Member

DENVER , June 25, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., today announced the appointment of Nancy L. Lipson to the company's Boar...

7 days ago - PRNewsWire

Flight attendants' union seeks federal mediation over Frontier's operations overhaul

A union representing about 4,100 flight attendants at Frontier Airlines filed for federal mediation on Wednesday over the carrier's operations overhaul.

4 weeks ago - Reuters

Frontier Airlines says its facing 'widespread abuse' of wheelchair service

Frontier Airlines said a growing number of passengers are requesting the use of wheelchairs in order to get priority board but who otherwise don't need them.

5 weeks ago - Fox Business

Frontier Airlines CEO urges crackdown of 'rampant abuse' of airport wheelchair service

Frontier Airlines CEO says there is "massive, rampant abuse" of special services like wheelchairs. Travelers in the U.S. can request wheelchair access, which is provided free of charge.

5 weeks ago - CNBC

Frontier CEO on summer travel: We're going to see record numbers

CNBC's Phil LeBeau and Frontier Airlines CEO Barry Biffle join 'Money Movers' to discuss Memorial Day travel expectations, consumer outlook, fuel prices, and more.

5 weeks ago - CNBC Television

Frontier Airlines to Participate in the Wolfe Research Transportation and Industrials Conference

DENVER , May 21, 2024 /PRNewswire/ -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will participate in a brief ULCC pa...

6 weeks ago - PRNewsWire

Frontier Airlines CEO: There is a 'thirst for travel' in the economy

Frontier Airlines CEO Barry Biffle discusses summer travel demand as Memorial Day approaches on 'The Claman Countdown.'

6 weeks ago - Fox Business

Frontier Airlines CEO hopes air traffic controller shortage won't sink summer travel

Frontier Airlines CEO Barry Biffle said in an appearance on FOX Business' "The Claman Countdown" that the air traffic controller shortage poses a risk of disrupting summer travel.

6 weeks ago - Fox Business

Spirit Airlines gets rid of change and cancellation fees, joining Frontier

Spirit used to charge anywhere from $69 to $119 for ticket changes and cancellations, depending on how close to departure the customer made the change.

Other symbols: SAVE
6 weeks ago - CNBC

Frontier Airlines eliminates change fees as Biden admin cracks down on transparent pricing

Frontier Airlines announced that it's eliminating change fees as it works to comply with the Biden administration's mandate that U.S. carriers become more transparent with pricing.

6 weeks ago - Fox Business

Announcing 'The New Frontier': Transparent Pricing, No Change Fees, and Enhanced Customer Experience

Introducing the 'For Less' Price Guarantee: Ensuring You Always Get the Best Deal DENVER , May 17, 2024 /PRNewswire/ -- Frontier Airlines (NASDAQ: ULCC) today introduced sweeping changes to its produc...

6 weeks ago - PRNewsWire

Frontier Airlines does away with change fees in budget airline pricing overhaul

The changes come amid the Biden administration's crackdown on so-called "junk fees."

6 weeks ago - CNBC

Frontier Airlines CEO on Travel Demand, Fares and Refund Rules

Frontier Airlines CEO Barry Biffle discusses the outlook for air travel demand, fares and the new US refund requirements on Bloomberg Television. -------- More on Bloomberg Television and Markets Like...

2 months ago - Bloomberg Markets and Finance

Frontier Airlines CEO Barry Biffle on Q1 results, state of consumer and BizFare launch

CNBC's Phil LeBeau and Frontier Airlines CEO Barry Biffle joins 'Squawk Box' to discuss the company's quarterly earnings results, state of the consumer, business travel demand, growth outlook, and mor...

2 months ago - CNBC Television

Frontier Airlines Reports First Quarter 2024 Financial Results

DENVER , May 2, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the first quarter of 2024 and issued ...

2 months ago - PRNewsWire

Frontier Group Holdings Announces Webcast of First Quarter 2024 Financial Results

DENVER , April 18, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing first quarter 2024 financial results before market op...

2 months ago - PRNewsWire

Frontier Airlines overhauls network, turns to premium seats in comeback

U.S. no-frills carrier Frontier Airlines is focusing on growing its network in "high fare" markets like Seattle and Detroit at the expense of its footprint in leisure markets such as Las Vegas and Flo...

3 months ago - Reuters

Indigo Partners Announces Plans to Distribute Frontier Group Holdings Common Stock to its Limited Partners

William A. Franke, George Roberts, and an Investment Fund Advised by Wildcat Capital Management Continue to Support Frontier Group Holdings as Significant Shareholders PHOENIX , March 29, 2024 /PRNews...

3 months ago - PRNewsWire

Frontier's newest upsell: Empty middle seats, more legroom at the front of the plane

Frontier has started to sell seats at the front of the plane with blocked middle seats, starting at $49.

4 months ago - CNBC

Frontier Airlines Introduces New UpFront Plus Seating with a Guaranteed Empty Middle Seat for Added Personal Space and Comfort

New Upgraded Seating in First Two Rows Will Provide Extra Leg and Elbow Room and Ensure Customers are First Off the Aircraft Introductory Upgrade Pricing Starts at $49 Per Passenger, Per Flight Segmen...

4 months ago - GlobeNewsWire

Frontier Airlines to Participate in the JP Morgan Industrials Conference

DENVER, March 11, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the JP Morgan ...

4 months ago - GlobeNewsWire

Frontier Airlines Announces Appointment of Bobby Schroeter to Senior Vice President – Chief Commercial Officer

DENVER, March 05, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced the appointment of Bobby Schroeter to the position of ...

4 months ago - GlobeNewsWire

Frontier CEO on air travel demand: We've got more tailwinds than any other airline

Barry Biffle, Frontier CEO, joins 'Money Movers' to discuss if recent airline data is a tell for what to expect for the year, the markets where Frontier can afford to be a little more aggressive, and ...

4 months ago - CNBC Television

Frontier Airlines to Participate in the Barclays Industrial Select Conference

DENVER, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the 41st annual...

4 months ago - GlobeNewsWire

Frontier Airlines Reports Fourth Quarter 2023 Financial Results

DENVER, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the fourth quarter and full year...

5 months ago - GlobeNewsWire