Frontier Group Holdings, Inc. (ULCC)

NASDAQ: ULCC · IEX Real-Time Price · USD
4.060
+0.040 (1.00%)
At close: Jul 26, 2024, 4:00 PM
4.001
-0.059 (-1.45%)
After-hours: Jul 26, 2024, 5:29 PM EDT
1.00%
Market Cap 909.27M
Revenue (ttm) 3.61B
Net Income (ttm) -24.00M
Shares Out 223.96M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE 5.91
Dividend n/a
Ex-Dividend Date n/a
Volume 1,445,858
Open 4.100
Previous Close 4.020
Day's Range 3.870 - 4.100
52-Week Range 3.190 - 9.500
Beta 2.52
Analysts Hold
Price Target 6.64 (+63.55%)
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 $6.64, which is an increase of 63.55% from the latest price.

Price Target
$6.64
(63.55% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

7 days 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
7 days ago - Reuters

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
17 days ago - Benzinga

Air travel demand is breaking records. Airline profits are not

Higher payroll and other expenses are eating into airline profits despite strong travel demand. Airlines have ramped up U.S. capacity, forcing some carriers to discount fares in off-peak periods.

18 days ago - CNBC

Frontier & Spirit: Airlines Lag on Friday's Session

Airlines are among the biggest laggards in Friday's session. Raymond James downgraded Frontier (ULCC) and Spirit (SAVE).

Other symbols: SAVE
21 days ago - Schwab Network

Frontier and Spirt Airlines Get Downgrades. How the Rest of the Year Goes Is ‘As Clear as Mud.

Raymond James analyst Savanthi Syth downgraded shares of Frontier and Spirit to Underperform from Market Perform.

Other symbols: SAVE
21 days ago - Barrons

Frontier Group completes acquisition of Mountain Creek plant, Trafigura says

Commodity trader Trafigura on Wednesday said that its joint venture partner Frontier Group of Companies completed acquisition of the Mountain Creek power plant for an undisclosed sum.

23 days ago - Reuters

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...

4 weeks 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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...

2 months 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.'

2 months 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.

2 months 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
2 months 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.

2 months 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...

2 months 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."

2 months 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...

3 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...

3 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 ...

3 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...

3 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...

4 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...

4 months ago - PRNewsWire