Frontier Group HoldingsULCC
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
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: 49.96% [Q2] → 51.89% (+1.93%) [Q3]
3% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 32
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
6 analyst ratings
Susquehanna Christopher Stathoulopoulos 100% 1-year accuracy 19 / 19 met price target | 7%downside $8 | Neutral Maintained | 7 Jan 2025 |
UBS Atul Maheswari 57% 1-year accuracy 4 / 7 met price target | 1%downside $8.50 | Neutral Maintained | 7 Jan 2025 |
Morgan Stanley Ravi Shanker 59% 1-year accuracy 17 / 29 met price target | 18%downside $7 | Equal-Weight Maintained | 11 Dec 2024 |
Deutsche Bank Michael Linenberg 82% 1-year accuracy 9 / 11 met price target | 7%downside $8 | Buy Upgraded | 11 Dec 2024 |
Barclays Brandon Oglenski 50% 1-year accuracy 34 / 68 met price target | 17%upside $10 | Overweight Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 3 articles about ULCC published over the past 30 days
