Frontier Group Holdings, Inc. (ULCC)
Market Cap | 1.55B |
Revenue (ttm) | 3.59B |
Net Income (ttm) | -11.00M |
Shares Out | 223.37M |
EPS (ttm) | -0.05 |
PE Ratio | n/a |
Forward PE | 16.91 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,084,195 |
Open | 6.90 |
Previous Close | 7.01 |
Day's Range | 6.90 - 7.11 |
52-Week Range | 3.19 - 10.57 |
Beta | 2.58 |
Analysts | Hold |
Price Target | 7.42 (+6.61%) |
Earnings Date | May 2, 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]
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 StatementsAnalyst 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 6.61% from the latest price.
News
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...
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...
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...
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.
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...
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 ...
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 ...
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 ...
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...
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...
Frontier Group Holdings Announces Webcast of Fourth Quarter 2023 Financial Results
DENVER, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing fourth quarter 2023 financial results before market...
Frontier Airlines CEO: Corporate travel is finally coming back
Frontier Airlines CEO Barry Biffle joins 'Money Movers' to discuss the biggest surprise for holiday travel this season, whether the capacity additions for next year will be enough, and what's happenin...
Frontier Airlines Releases 2022 Environmental, Social, and Governance Report
DENVER, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) today released its 2022 Environmental, Social, and Governance (ESG) Report. The in-depth review highli...
Frontier Airlines Reports Third Quarter 2023 Financial Results
DENVER, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the third quarter of 2023 and is...
Frontier Airlines overhauls frequent flyer program to reward travelers based on spending
It's similar to other large airlines' recent program changes like those at Delta Air Lines and American Airlines.
Travelers Can “Get It All For Less!” with the New, Upgraded FRONTIER Miles Frequent Flier Program in 2024
Earn Free Flights, Free Bags, Priority Customer Care, No-Fee Changes and More Fast with Up to 20 Miles Earned for Every Dollar Spent on Frontier Get Status Quicker with New Status Level and New Benef...
Frontier Airlines Names James G. Dempsey President and Mark C.
DENVER, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced the promotion of James G. Dempsey to President, and Mar...
Frontier Group Holdings Announces Webcast of Third Quarter 2023 Financial Results
DENVER, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing third quarter 2023 financial results before market ...
This is the season for activist investors to start campaigns, says 13D's Ken Squire
Ken Squire, 13D Monitor founder and president, joins 'The Exchange' to discuss equities with shares moving higher after investor activists launched new campaigns, the strength of activist investors in...
Flagging domestic travel casts shadow over US airline earnings
A travel boom has produced bumper earnings for major U.S. carriers this year but signs of softening demand on domestic routes have amplified worries that the bubble is about to burst, sparking a sell-...
Focus: Travel boom not enough to drive profits at US budget airlines Frontier, Spirit
Travel boom has delivered bumper earnings for U.S. carriers, but no-frills airlines such as Frontier and Spirit are struggling to return to sustainable profitability.
Frontier Airlines CEO says workforce got ‘lazy' during pandemic
Frontier Airlines CEO Barry Biffle said during a recent conference that the COVID-19 pandemic made America's workforce "lazy." He received backlash for the remarks.
Frontier Airlines CEO says the pandemic made workers 'lazy' and less productive: 'People are still allowing people to work from home, all this silliness, right?'
Frontier Airlines CEO Barry Biffle criticized remote work, saying the pandemic made people lazy. Domestic airlines like Frontier have been struggling as demand shifts toward international travel.
US carriers cut margin outlook on fuel costs, Frontier flags lower bookings
Three U.S. carriers on Wednesday cut their third-quarter margin forecasts on higher fuel costs, sending shares of other airlines in the country lower over concerns related to rising expenses.