Does Wall Street Rate Frontier Group Holdings Inc. (ULCC) Shares A Sell?

As of Friday close, Frontier Group Holdings Inc.’s (NASDAQ:ULCC) stock was up $0.38, moving up 4.56 percent to $8.72. The average number of shares traded per day over the past five days has been 2,857,320 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.90 fall in that time frame. In the last twenty days, the average volume was 2,417,070, while in the previous 50 days, it was 2,695,504.


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Since last month, ULCC stock retreated -25.85%. Shares of the company fell to $8.19 on 05/12/22, the lowest level in the past month. A 52-week high of $22.70 was reached on 02/10/22 after having rallying from a 52-week low of $8.19. Since the beginning of this year, ULCC’s stock price has dropped by -35.74% or -$4.85, and marked a new high 5 times. However, the stock has declined by -61.59% since its 52-week high.

Frontier Group Holdings Inc. (ULCC) last reported insider trading activity 40 days ago on Apr 04. Wetzel Josh A, the VP & CAO of the company, disposed of 2,003 shares for $11.44 on Apr 04. It resulted in a $22,917 divestment by the insider. Filene Jacob F. sold 1,000 shares at an average price of $11.27 on Apr 01. The insider now owns 85,122 shares following the transaction. On Mar 22, VP & CAO Wetzel Josh A sold 2,003 shares at $11.35 apiece. The transaction was valued at $22,727.

Financial Health

In the three months ended September 29, Frontier Group Holdings Inc.’s quick ratio stood at 0.80, while its current ratio was 0.80, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.54, and the total debt-to-equity ratio was 0.78. On the profitability front, the trailing twelve-month gross margin is 48.80% percent. In the year ended September 29, operating margins totaled -9.00%. Based on annual data, ULCC earned $452.0 million in gross profit and brought in $2.06 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -7.90%. Return on equity (ROE) for the past 12 months was -38.00%.

In Frontier Group Holdings Inc.’s quarter-end financial report for September 29, it reported total debt of $207.0 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. ULCC’s revenue rose 55.21% to $609.0 million during the quarter, while net income inched up to $605.0 million. While analysts expected Frontier Group Holdings Inc. to report -$0.21 quarterly earnings, the actual figure was -$0.11 per share, beating the consensus estimate by 47.60%. During the quarter, the company generated -$140.0 million in EBITDA. The liabilities of Frontier Group Holdings Inc. were 3.73 billion at the end of its most recent quarter ended September 29, and its total debt was $2.85 billion. The value of shareholders’ equity is $217.55 million.

Technical Picture

This quick technical analysis looks at Frontier Group Holdings Inc.’s (ULCC) price momentum. With a historical volatility rate of 71.27%, the RSI 9-day stood at 31.51% on 13 May.

With respect to its five-day moving average, the current Frontier Group Holdings Inc. price is down by -9.36% percent or -$0.90. At present, ULCC shares trade -24.89% below its 20-day simple moving average and -36.12% percent below its 100-day simple moving average. However, the stock is currently trading approximately -28.99% below its SMA50 and -43.34% below its SMA200.

Stochastic coefficient K was 7.26% and Stochastic coefficient D was 5.48%, while ATR was 0.64. Given the Stochastic reading of 16.26% for the 14-day period, the RSI (14) reading has been calculated as 33.43%. As of today, the MACD Oscillator reading stands at -0.81, while the 14-day reading stands at -1.23.

Analyst Ratings

Frontier Group Holdings Inc. (ULCC) has been rated Buy by analysts. According to 0 brokerage firms , ULCC is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Frontier Group Holdings Inc. stock as buy, with 7 recommending it as overweight.

With a median target price of $19.00, the current consensus forecast for the stock is $15.00 – $20.00. Based on these forecasts, analysts predict Frontier Group Holdings Inc. (ULCC) will achieve an average price target of $18.14.

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