Frontier Group Holdings, Inc. (ULCC)

NASDAQ: ULCC · IEX Real-Time Price · USD
6.96
-0.05 (-0.71%)
Apr 19, 2024, 4:00 PM EDT - Market closed
-0.71%
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]

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 6.61% from the latest price.

Price Target
$7.42
(6.61% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

1 day 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...

18 days 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...

21 days 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.

5 weeks 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...

5 weeks 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 ...

5 weeks 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 ...

6 weeks 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 ...

2 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...

2 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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

Short Sellers Think These Stocks Will Tank in 2024. Investors Can Bet Otherwise.

The number of shorted shares has grown 23% since the end of 2020, but that doesn't mean traders are getting more bearish about the market.

4 months ago - Barrons

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...

4 months ago - CNBC Television

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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.

6 months ago - CNBC

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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...

Other symbols: CNXCFTRE
6 months ago - CNBC Television

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-...

Other symbols: AALDALSAVE
6 months ago - Reuters

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.

Other symbols: SAVE
7 months ago - Reuters

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.

7 months ago - Fox Business

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.

7 months ago - Business Insider

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.

Other symbols: DALLUVUAL
7 months ago - Reuters