Frontier Group HoldingsULCC
ULCC
About: Frontier Group Holdings Inc is an ultra-low-cost carrier whose business is focused on Low Fares Done Right. The company owns a fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos and 4 A321neos. The use of these aircraft, their seating configuration, weight-saving tactics, and baggage process have all contributed to the ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers.
Employees: 8,011
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
89% more call options, than puts
Call options by funds: $3.38M | Put options by funds: $1.79M
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
13% more capital invested
Capital invested by funds: $554M [Q2] → $623M (+$69.8M) [Q3]
1.93% more ownership
Funds ownership: 49.95% [Q2] → 51.88% (+1.93%) [Q3]
6% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 33
1% less funds holding
Funds holding: 144 [Q2] → 142 (-2) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 50
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5
26%
downside
Avg. target
$7.19
7%
upside
High target
$10
48%
upside
6 analyst ratings
2 positive
33%
4 neutral
67%
0 negative
0%
Morgan Stanley Ravi Shanker 53% 1-year accuracy 16 / 30 met price target | 4%upside $7 | Equal-Weight Maintained | 11 Dec 2024 |
Deutsche Bank Michael Linenberg 55% 1-year accuracy 6 / 11 met price target | 19%upside $8 | Buy Upgraded | 11 Dec 2024 |
Barclays Brandon Oglenski 41% 1-year accuracy 26 / 64 met price target | 48%upside $10 | Overweight Maintained | 14 Nov 2024 |
Susquehanna Christopher Stathoulopoulos 100% 1-year accuracy 18 / 18 met price target | 11%downside $6 | Neutral Maintained | 4 Nov 2024 |
Citigroup Stephen Trent 66% 1-year accuracy 23 / 35 met price target | 6%upside $7.15 | Neutral Maintained | 22 Oct 2024 |
Financial journalist opinion
Based on 6 articles about ULCC published over the past 30 days
Positive
Business Insider
2 weeks ago
Frontier is the latest budget airline to add 'first class' seats to target more premium flyers
Frontier Airlines plans to introduce "first-class" seats in 2025. The move marks a shift from Frontier's no-frills model amid competition from mainline carriers.
Positive
Investopedia
2 weeks ago
A No-Frills Airline Is Getting Into the Premium Game
Frontier Airlines has come to the same conclusion as many of its peers: Premium is where the money is.
Positive
Reuters
2 weeks ago
US budget carrier Frontier Airlines to offer first-class style seats
U.S. budget carrier Frontier Airlines said Tuesday it will offer first-class style seating to woo passengers willing to spend more.
Positive
CNBC
2 weeks ago
Frontier Airlines will install first-class seats as industry battles for high-paying flyers
Budget carrier Frontier Airlines plans to install two rows of first-class seats at the front of its Airbus aircraft. The airline also plans to increase perks for its top-tier frequent flyers.
Neutral
PRNewsWire
2 weeks ago
Frontier Airlines Unveils the Next Evolution of The New Frontier: Affordable Luxury and Unmatched Loyalty Benefits
Introducing First-Class Seating and the Most Rewarding Loyalty Program Ever With Free Seat Upgrades, Unlimited Companion Travel, and More Limited Time: Get Platinum Elite Status for 2025 by Earning Just 20k Points Through Flying or Spending on FRONTIER Airlines World Mastercard DENVER , Dec. 3, 2024 /PRNewswire/ -- Frontier Airlines (NASDAQ: ULCC), the ultra-low fare leader, is excited to announce the next phase of its game-changing transformation, The New Frontier. Rolling out in 2025, these enhancements deliver more comfort, value, and rewards for travelers.
Positive
CNBC Television
3 weeks ago
M&A is back on the table for airline industry, says Frontier CEO Barry Biffle
Barry Biffle, Frontier Airlines CEO, joins 'Money Movers' to discuss holiday travel outlook for airlines, competition and return of M&A.
Negative
Market Watch
1 month ago
Spirit may be at the end of its runway as Frontier talks break down, bankruptcy looms
Beleaguered Spirit Airlines reportedly is discussing its options with creditors as Frontier Airlines abandons merger talks.
Neutral
Zacks Investment Research
1 month ago
US Airline Stocks Gain Altitude Post Trump's Re-Election: Here's Why
Trump's re-election as U.S. president may lead to lesser scrutiny regarding mergers and acquisitions in the airline industry.
Neutral
Seeking Alpha
1 month ago
Frontier Group Holdings, Inc. (ULCC) Q3 2024 Earnings Call Transcript
Frontier Group Holdings, Inc. (NASDAQ:ULCC ) Q3 2024 Earnings Conference Call October 29, 2024 11:30 AM ET Company Participants David Erdman – Senior Director of Investor Relations Barry Biffle – Chief Executive Officer Jimmy Dempsey – President Mark Mitchell – Chief Financial Officer Bobby Schroeter – Chief Commercial Officer Conference Call Participants Ravi Shanker – Morgan Stanley John Dorsett – Barclays Savi Syth – Raymond James Shannon Doherty – Deutsche Bank Andrew Didora – Bank of America Scott Group – Wolfe Jamie Baker – JP Morgan Securities Steve Trent – Citi Duane Pfennigwerth – Evercore ISI Christopher Stathoulopoulos – SIG Conor Cunningham – Melius Research Tom Fitzgerald – TD Cowen Operator Good day, and thank you for standing by. Welcome to the 2024 Third Quarter Frontier Group Holdings Earnings Call.
Positive
Zacks Investment Research
1 month ago
Frontier Group (ULCC) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Frontier Group (ULCC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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