Frontier Group Holdings, Inc. (ULCC)
NASDAQ: ULCC · IEX Real-Time Price · USD
7.01
+0.11 (1.59%)
At close: Apr 18, 2024, 4:00 PM
7.02
+0.01 (0.14%)
Pre-market: Apr 19, 2024, 6:59 AM EDT
Frontier Group Holdings Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for ULCC stock have an average target of 7.42, with a low estimate of 4.10 and a high estimate of 10. The average target predicts an increase of 5.85% from the current stock price of 7.01.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ULCC stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 6 | 6 | 8 | 8 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $7 → $9 | Buy | Maintains | $7 → $9 | +28.39% | Apr 5, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $7 → $8.5 | Hold | Maintains | $7 → $8.5 | +21.26% | Apr 4, 2024 |
| UBS | UBS | Hold Initiates $8 | Hold | Initiates | $8 | +14.12% | Mar 20, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $5 → $7 | Hold | Maintains | $5 → $7 | -0.14% | Feb 9, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $6 | Strong Buy → Hold | Downgrades | $6 | -14.41% | Jan 9, 2024 |
Financial Forecast
Revenue This Year
4.15B
from 3.59B
Increased by 15.74%
Revenue Next Year
4.89B
from 4.15B
Increased by 17.67%
EPS This Year
0.41
from -0.05
EPS Next Year
0.94
from 0.41
Increased by 127.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.4B | 5.3B | 6.2B |
| Avg | 4.2B | 4.9B | 5.7B |
| Low | 3.8B | 4.4B | 5.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.3% | 27.0% | 26.6% |
| Avg | 15.7% | 17.7% | 16.7% |
| Low | 6.0% | 5.9% | 5.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.81 | 1.78 | 2.61 |
| Avg | 0.41 | 0.94 | 1.66 |
| Low | -0.12 | 0.10 | 0.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 331.0% | 179.0% |
| Avg | - | 127.1% | 76.7% |
| Low | - | -76.2% | -21.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.