In the latest quarter, 11 analysts provided ratings for Frontier Group Holdings ULCC, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 2 | 8 | 0 | 0 |
| Last 30D | 1 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 5 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $6.26, a high estimate of $10.00, and a low estimate of $4.00. This upward trend is evident, with the current average reflecting a 23.72% increase from the previous average price target of $5.06.
Decoding Analyst Ratings: A Detailed Look
In examining recent analyst actions, we gain insights into how financial experts perceive Frontier Group Holdings. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Ravi Shanker | Morgan Stanley | Lowers | Equal-Weight | $7.00 | $8.00 |
| Michael Linenberg | Deutsche Bank | Raises | Buy | $8.00 | $6.00 |
| Brandon Oglenski | Barclays | Raises | Overweight | $10.00 | $7.00 |
| Christopher Stathoulopoulos | Susquehanna | Raises | Neutral | $6.00 | $5.00 |
| Brandon Oglenski | Barclays | Raises | Overweight | $7.00 | $6.00 |
| Stephen Trent | Citigroup | Raises | Neutral | $7.15 | $4.70 |
| Christopher Stathoulopoulos | Susquehanna | Raises | Neutral | $5.00 | $3.00 |
| Duane Pfennigwerth | Evercore ISI Group | Raises | In-Line | $5.00 | $4.00 |
| Stephen Trent | Citigroup | Raises | Neutral | $4.70 | $3.50 |
| Helane Becker | TD Cowen | Raises | Hold | $4.00 | $3.00 |
| Andrew Didora | B of A Securities | Lowers | Neutral | $5.00 | $5.50 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Frontier Group Holdings. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Frontier Group Holdings compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Frontier Group Holdings's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Frontier Group Holdings's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Frontier Group Holdings analyst ratings.
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About Frontier Group Holdings
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.
Frontier Group Holdings's Financial Performance
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Frontier Group Holdings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.89% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Frontier Group Holdings's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 2.78%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Frontier Group Holdings's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 4.86%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Frontier Group Holdings's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.45%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 7.7, caution is advised due to increased financial risk.
The Significance of Analyst Ratings Explained
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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