Frontier Group Holdings, Inc. (ULCC)
| 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...]
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 StatementsAnalyst 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.
News
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.
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...
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 ...
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.
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.
Spirit Airlines terminates merger agreement with Frontier
Spirit Airlines and Frontier called off plans for their merger after months of negotiations.
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.
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.
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.
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.
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") ...
Spirit, Frontier terminate deal that was marred by JetBlue's rival bid
Spirit and Frontier announced plans to merge in February.
Spirit shareholders to finally vote on Frontier deal clouded by rival JetBlue bid
Spirit Airlines shareholders vote on a planned merger with Frontier Airlines.
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.
Frontier or JetBlue? Spirit Shareholders to Vote on Merger Wednesday.
The vote on Spirit's merger with Frontier has been delayed four times.
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.
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.