Frontier Group Holdings Inc (ULCC): Investing In A Time Of Crisis

Frontier Group Holdings Inc (NASDAQ:ULCC) currently has a daily average trading volume of 2.00M but it saw 1596579 shares traded in last market. With a market cap of 1.14B USD, the company’s current market price of $5.07 came falling about -3.98 while comparing to the previous closing price of $5.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.33 and as low as $2.79. In the recent trading on the day, stock has struck highest price mark of $5.07 while lowest mark touched by it was $5.275.

Taking a look at 20-day trading activity of Frontier Group Holdings Inc (ULCC) gives us an average price of $4.45, while its current price level is -39.14% below from 52-week high level whereas it is 81.72% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.86 while that of 200 days or SMA-200 reads an average of $5.43. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.50% during that period while stretching the period over a month that increases to 6.79%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 67.29 which implies that the stock is in neutral territory.

Over the week, ULCC’s stock price is moving 10.22% up while it is 42.42% when we observe its performance for the past one month. Year-to-date it is -7.14% down and over the past year, the stock is showing an upside performance of 10.94%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.14 beat the consensus estimate of -0.17 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of -0.04 while estimate for next year EPS is 0.0. In next quarter, company is expected to be making quarterly sales of $972.1M as analysts are expecting the sales for current fiscal year at $3.75B and seeing the company making $4.3B in sales next year. Moreover, analysts are in estimates of $942.09M for current-quarter revenue.

Currently, Frontier Group Holdings Inc’s total number of outstanding shares is 223.00M. Company’s return on investment (ROI) stands at -1.72% and return on equity (ROE) at -11.79%. It has a 9.87 of forward P/E ratio. Stock’s beta reads 2.54. Stock has a price to book (P/B) ratio of 2.19 while price to sale or P/S ratio amounts to 0.32. Its return on asset (ROA) is -1.23% on average.