Workflow
Budget Airlines
icon
Search documents
Frontier Group Holdings, Inc. (NASDAQ:ULCC) Maintains Neutral Rating Amid Market Challenges
Financial Modeling Prep· 2025-09-26 19:00
Company Overview - Frontier Group Holdings, Inc. (NASDAQ:ULCC) is a significant player in the U.S. budget airline sector, known for its low-cost model and competition with other discount carriers like Spirit Airlines [1] - The company's market capitalization is approximately $1.12 billion, with a trading volume of 807,700 shares on the NASDAQ exchange [5] Stock Performance - UBS has maintained a Neutral rating for ULCC, raising its price target from $3.50 to $5, reflecting a more optimistic outlook for the company's stock performance [2][6] - As of the latest update, ULCC's stock price is $4.90, marking a 2.62% increase with a $0.13 change, and has fluctuated between $4.81 and $5.08 on the same day [2][6] - Over the past year, ULCC's stock has experienced significant volatility, with a high of $10.26 and a low of $2.89 [5] Management and Market Position - Frontier Airlines CEO Barry Biffle has defended the low-cost airline model against criticism from United Airlines CEO Scott Kirby, attributing market challenges to an oversupply of flights rather than the business model itself [3][4] - Despite Kirby's warnings about potential financial difficulties for discount carriers, including Frontier, Biffle remains confident in the company's business model and market position [4][6]
Market Watch: Analyst Revisions and Geopolitical Tensions Shape Wednesday’s Headlines
Stock Market News· 2025-09-24 03:38
Group 1: Energy Sector - JP Morgan has increased its price target for Vistra Corp (VST) to $248 from $227, indicating a positive outlook for the company [1][8] - Vistra Corp's stock was trading around $206.27, with analysts maintaining an average "overweight" rating and a mean price target of $230.57 [2] Group 2: Airline Sector - JP Morgan has cut its price target for Wizz Air (WIZZ) to 1050p from 1100p, suggesting a more cautious outlook for the airline [5][8]