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: 8,100
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
294% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $623K
44% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 39
10% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 29
2% more funds holding
Funds holding: 141 [Q1] → 144 (+3) [Q2]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
50.96% less ownership
Funds ownership: 100.63% [Q1] → 49.67% (-50.96%) [Q2]
70% less capital invested
Capital invested by funds: $1.82B [Q1] → $551M (-$1.27B) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Susquehanna Christopher Stathoulopoulos 96% 1-year accuracy 25 / 26 met price target | 27%downside $5 | Neutral Maintained | 9 Oct 2024 |
Evercore ISI Group Duane Pfennigwerth 100% 1-year accuracy 5 / 5 met price target | 27%downside $5 | In-Line Maintained | 3 Oct 2024 |
Citigroup Stephen Trent 79% 1-year accuracy 15 / 19 met price target | 31%downside $4.70 | Neutral Maintained | 16 Sept 2024 |
TD Cowen Helane Becker 72% 1-year accuracy 13 / 18 met price target | 41%downside $4 | Hold Maintained | 16 Sept 2024 |
B of A Securities Andrew Didora 87% 1-year accuracy 13 / 15 met price target | 27%downside $5 | Neutral Maintained | 13 Sept 2024 |
Financial journalist opinion
Based on 4 articles about ULCC published over the past 30 days
