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Stock impact report

Frontier Airlines: Positive Booking Trends, But Execution Risk Keeps Me At Hold [Seeking Alpha]

Frontier Group Holdings, Inc. (ULCC) 
Company Research Source: Seeking Alpha
Industry capacity rationalization and improved booking trends are supporting ULCC's near-term yields, with Q3 RASM expected to rise mid-to-high-single-digits. Despite positive trends, EBITDA estimates have been cut, and cash burn remains a concern, keeping leverage high and free cash flow negative. Maintaining a Hold rating on ULCC with a $5.25 price target, reflecting 23% upside but significant execution and balance sheet risks. Looking for a helping hand in the market? Members of The Aerospace Forum get exclusive ideas and guidance to navigate any climate. Learn More » Boarding1Now/iStock Editorial via Getty Images Frontier Group Holdings (NASDAQ: ULCC ) has climbed 29% since my last report , strongly outperforming the S&P 500. At the time, I rated the airline a Hold as its ultra-low-cost model came under pressure from soft More on my IG service If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense a Show less Read more
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