Frontier Group Holdings, Inc. (ULCC)

NASDAQ: ULCC · IEX Real-Time Price · USD
-0.07 (-0.49%)
At close: Aug 11, 2022 4:00 PM
-0.23 (-1.63%)
After-hours: Aug 11, 2022 7:52 PM EDT
Market Cap 3.08B
Revenue (ttm) 2.75B
Net Income (ttm) -138.00M
Shares Out 217.68M
EPS (ttm) -0.61
PE Ratio n/a
Forward PE 21.74
Dividend n/a
Ex-Dividend Date n/a
Volume 776,685
Open 14.50
Previous Close 14.22
Day's Range 14.13 - 14.60
52-Week Range 8.19 - 17.50
Beta n/a
Analysts Buy
Price Target 16.83 (+18.9%)
Earnings Date Jul 28, 2022

About ULCC

Frontier Group Holdings, Inc., a low-fare airline company, provides air transportation for passengers. The company operates an airline that serves approximately 120 airports throughout the United States and international destinations in the Americas. It offers its services through direct distribution channels, including its website, mobile app, and call center. As of December 31, 2021, the company had a fleet of 110 Airbus single-aisle aircraft comprising, 16 A320ceos, 73 A320neos, and 21 A321ceos. Frontier Group Holdings, Inc. was incorporated... [Read more...]

Industry Airlines
IPO Date Apr 1, 2021
Employees 5,712
Stock Exchange NASDAQ
Ticker Symbol ULCC
Full Company Profile

Financial Performance

In 2021, ULCC's revenue was $2.06 billion, an increase of 64.80% compared to the previous year's $1.25 billion. Losses were -$102.00 million, -54.67% less than in 2020.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for ULCC stock is "Buy." The 12-month stock price forecast is 16.83, which is an increase of 18.94% from the latest price.

Price Target
(18.94% upside)
Analyst Consensus: Buy
Stock Forecasts


Frontier CEO speaks out after merger deal falls through

Frontier CEO Barry Biffle joined 'Maria Bartiromo's Wall Street' to discuss the nearly $4 million merger between Spirit Airlines and JetBlue, after talks between Frontier and Spirit fell through. #foxbu...

JetBlue set to buy Spirit Airlines for $3.8 billion after Frontier deal falls through

After a months-long battle for Spirit Airlines, JetBlue is finally set to acquire the company for $3.8 billion.

Other symbols: JBLUSAVE

Frontier is slashing fares to as low as $19 in a preemptive strike at JetBlue's new merger agreement with Spirit

The "blockbuster sale" comes as JetBlue and Spirit announced a planned merger after a months-long battle between the three carriers.

Here's why Frontier stock is rallying 20% on the day that JetBlue and Spirit agree to merge

JetBlue Airways Corp. may have won the tug-of-war for ultra low-cost Spirit Airlines Inc., but investors are seeing plenty of upside for Frontier Group Holdings Inc., with shares of the former Spirit su...

Other symbols: JBLUSAVE

Frontier CEO on Spirit terminating deal: ‘I'm disappointed for their shareholders'

Frontier Airlines President and CEO Barry Biffle joins Yahoo Finance Live anchors Brian Sozzi, Julie Hyman and Brad Smith to discuss the company's now-terminated merger agreement with Spirit, company ea...

JetBlue and Spirit Airlines to merge in deal with equity value of $3.8 billion that ends 3-way merger battle with Fro...

JetBlue Airways Corporation JBLU, +3.58% and Spirit Airlines Inc. SAVE, +3.93% said Thursday they have agreed that JetBlue will acquire Spirit in a deal with an equity value of $3.8 billion that ends a ...

Other symbols: JBLUSAVE

Spirit and Frontier pull plug on deal, setting stage for JetBlue to buy Spirit

Spirit and Frontier airlines Wednesday finally pulled the plug on their proposed deal, which had been on life support for months, clearing the way for a possible purchase of Spirit by JetBlue Airways.

Other symbols: JBLUSAVE

Frontier Group Holdings (ULCC) Matches Q2 Earnings Estimates

Frontier Group (ULCC) delivered earnings and revenue surprises of 0% and 5.92%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Spirit And Frontier Airlines Cancel Merger Plans—Opening Door For JetBlue's Offer

Frontier and JetBlue submitted competing bids to acquire Spirit.

Other symbols: SAVE

Spirit Airlines terminates merger agreement with Frontier

Spirit Airlines and Frontier called off plans for their merger after months of negotiations.

Other symbols: SAVE

Spirit terminates Frontier deal, says in talks with JetBlue

After months of back-and-forth, Spirit Airlines announced Wednesday that it was breaking off a merger with Frontier Group, opening the door to a possible takeover by JetBlue.

Other symbols: SAVE

Spirit terminates merger with Frontier Airlines

The bidding war for Spirit started at the beginning of the year after Frontier Group Holdings announced a definitive merger agreement with the carrier.

Other symbols: SAVE

Spirit and Frontier Airlines cancel merger deal. It could be good news for JetBlue's competing bid

The two airlines won't merge after all after, but JetBlue is still interested. Any deal could mean consolidation among the US' budget airlines.

Other symbols: SAVE

Spirit and Frontier scrap merger bid, paving way for JetBlue deal

The decision by Spirit and Frontier to terminate their deal was announced while Spirit shareholders were still voting on the proposal.

Other symbols: JBLUSAVE

Frontier Airlines Reports Profitable Results for the Second Quarter of 2022 on a 43% Increase in Revenue over 2019

DENVER, July 27, 2022 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported its financial results for the second quarter of 2022 and...

Frontier Airlines Poised for Significant Growth as America's Ultra-Low Cost Carrier

Outlines Strategy to Build on Strong Foundation and Gain Share in Growing Leisure Segment

Spirit Announces Termination of Merger Agreement with Frontier

MIRAMAR, Fla.--(BUSINESS WIRE)--Spirit Airlines, Inc. (“Spirit” or the “Company”) (NYSE:SAVE) today announced that it has terminated the merger agreement with Frontier Group Holdings, Inc. ("Frontier") ...

Other symbols: SAVE

Spirit, Frontier terminate deal that was marred by JetBlue's rival bid

Spirit and Frontier announced plans to merge in February.

Other symbols: JBLUSAVE

Spirit shareholders to finally vote on Frontier deal clouded by rival JetBlue bid

Spirit Airlines shareholders vote on a planned merger with Frontier Airlines.

Other symbols: JBLUSAVE

Exclusive: Spirit vote on Frontier deal to go ahead, set to fail - sources

Spirit Airlines Inc will go ahead with a vote on its sale to Frontier Group Holdings Inc on Wednesday, with its shareholders expected to shoot it down, according to people familiar with the matter.

Other symbols: SAVEJBLU

Frontier or JetBlue? Spirit Shareholders to Vote on Merger Wednesday.

The vote on Spirit's merger with Frontier has been delayed four times.

Other symbols: JBLUSAVE

Frontier Group Holdings Reschedules Webcast of Second Quarter 2022 Financial Results

DENVER, July 25, 2022 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), announced today it has rescheduled the release of its second quarter 20...

Amazon, Apple, Meta, Alphabet earnings, Fed decision, Spirit-Frontier merger vote top week ahead

FOX Business takes a look at the upcoming events, including the Federal Reserve's next decision on interest rates, that are likely to move financial markets in the coming days.


ISS recommends Spirit shareholders vote against Frontier offer

Proxy advisory firm Institutional Shareholder Services (ISS) on Friday recommended shareholders of Spirit Airlines Inc vote against the proposed deal with Frontier Group Holdings Inc.

Other symbols: SAVE

ISS urges Spirit shareholders to vote against Frontier merger, calls JetBlue bid superior

Proxy advisory firm ISS has again changed its opinion on the Spirit-Frontier deal again.

Other symbols: JBLUSAVE