Frontier Group (NASDAQ:ULCC) Issues Quarterly Earnings Results, Hits Estimates

Frontier Group (NASDAQ:ULCC) released its earnings results on Wednesday. The company reported ($0.34) earnings per share for the quarter, hitting the consensus estimate of ($0.34), Zacks reports. The firm had revenue of $886.00 million for the quarter, compared to the consensus estimate of $900.07 million. Frontier Group had a negative return on equity of 24.29% and a negative net margin of 3.65%.The firm’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.05) earnings per share. Frontier Group updated its Q4 2025 guidance to 0.040-0.200 EPS.

Frontier Group Stock Down 3.0%

NASDAQ:ULCC traded down $0.12 during mid-day trading on Friday, hitting $3.78. The company had a trading volume of 892,846 shares, compared to its average volume of 3,844,531. The business has a fifty day simple moving average of $4.61 and a 200-day simple moving average of $4.16. The firm has a market capitalization of $861.27 million, a price-to-earnings ratio of -6.21 and a beta of 2.57. Frontier Group has a 1 year low of $2.89 and a 1 year high of $10.26. The company has a current ratio of 0.41, a quick ratio of 0.36 and a debt-to-equity ratio of 0.53.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Frontier Group in a report on Wednesday, October 8th. Susquehanna increased their price target on shares of Frontier Group from $3.00 to $4.00 and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Deutsche Bank Aktiengesellschaft raised shares of Frontier Group from a “hold” rating to a “buy” rating and boosted their price objective for the company from $4.00 to $8.00 in a research note on Tuesday, September 2nd. UBS Group increased their target price on Frontier Group from $3.50 to $5.00 and gave the stock a “neutral” rating in a research report on Friday, September 26th. Finally, Seaport Res Ptn upgraded Frontier Group to a “hold” rating in a report on Thursday, September 25th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $6.13.

Hedge Funds Weigh In On Frontier Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Caxton Associates LLP acquired a new stake in Frontier Group in the second quarter valued at approximately $308,000. SkyView Investment Advisors LLC boosted its position in Frontier Group by 3.4% in the 2nd quarter. SkyView Investment Advisors LLC now owns 556,259 shares of the company’s stock valued at $2,009,000 after buying an additional 18,544 shares during the last quarter. Voleon Capital Management LP increased its position in shares of Frontier Group by 439.4% during the second quarter. Voleon Capital Management LP now owns 208,713 shares of the company’s stock worth $758,000 after acquiring an additional 170,021 shares during the last quarter. Par Capital Management Inc. lifted its stake in shares of Frontier Group by 1.2% in the second quarter. Par Capital Management Inc. now owns 2,181,100 shares of the company’s stock worth $7,917,000 after acquiring an additional 25,000 shares in the last quarter. Finally, IHT Wealth Management LLC purchased a new position in Frontier Group in the second quarter valued at about $87,000.

Frontier Group Company Profile

Frontier Group Holdings, Inc, provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts.