Frontier Group (NASDAQ:ULCC) Announces Earnings Results, Beats Expectations By $0.13 EPS

Frontier Group (NASDAQ:ULCC) posted its quarterly earnings data on Wednesday. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.13, FiscalAI reports. Frontier Group had a negative return on equity of 25.73% and a negative net margin of 3.65%.During the same period in the previous year, the company earned $0.23 EPS. The business’s revenue was down .5% compared to the same quarter last year. Frontier Group updated its FY 2026 guidance to -0.400-0.500 EPS and its Q1 2026 guidance to -0.440–0.260 EPS.

Frontier Group Stock Performance

Shares of Frontier Group stock traded up $0.05 during trading hours on Wednesday, reaching $6.01. The company had a trading volume of 1,144,872 shares, compared to its average volume of 3,470,272. The firm has a market cap of $1.38 billion, a PE ratio of -9.80 and a beta of 2.55. Frontier Group has a one year low of $2.89 and a one year high of $9.63. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.40 and a quick ratio of 0.36. The business has a fifty day simple moving average of $5.17 and a 200 day simple moving average of $4.67.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Frontier Group in a research report on Monday, December 29th. Bank of America reiterated an “underperform” rating and issued a $4.00 target price (down from $5.00) on shares of Frontier Group in a research note on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft lowered shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a research note on Tuesday. Susquehanna upped their price objective on Frontier Group from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Finally, Morgan Stanley decreased their target price on Frontier Group from $9.00 to $8.00 and set an “equal weight” rating for the company in a research report on Monday, December 8th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $6.13.

Insider Transactions at Frontier Group

In other news, SVP Steve Schuller sold 5,000 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $6.00, for a total value of $30,000.00. Following the sale, the senior vice president directly owned 94,926 shares of the company’s stock, valued at approximately $569,556. This represents a 5.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Barry Biffle sold 82,627 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $5.78, for a total transaction of $477,584.06. Following the transaction, the chief executive officer directly owned 631,836 shares of the company’s stock, valued at approximately $3,652,012.08. This represents a 11.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 310,000 shares of company stock worth $1,700,444 in the last three months. 48.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Frontier Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ULCC. Dimensional Fund Advisors LP grew its stake in Frontier Group by 5.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company’s stock worth $17,860,000 after buying an additional 209,154 shares in the last quarter. Bank of America Corp DE grew its holdings in Frontier Group by 39.2% in the 3rd quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock worth $13,366,000 after acquiring an additional 852,798 shares during the last quarter. Balyasny Asset Management L.P. increased its position in shares of Frontier Group by 48.4% in the third quarter. Balyasny Asset Management L.P. now owns 2,202,219 shares of the company’s stock valued at $9,723,000 after acquiring an additional 718,147 shares during the period. Geode Capital Management LLC increased its position in shares of Frontier Group by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 2,196,472 shares of the company’s stock valued at $10,347,000 after acquiring an additional 8,946 shares during the period. Finally, Par Capital Management Inc. increased its position 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 valued at $7,917,000 after acquiring an additional 25,000 shares during the period.

Key Stories Impacting Frontier Group

Here are the key news stories impacting Frontier Group this week:

• Positive Sentiment: Q4 earnings beat — Frontier reported $0.23 EPS vs. a $0.10 consensus, with net income of $53M, which likely supported buying interest after results. Read More.
• Positive Sentiment: Liquidity and cost control — Management ended the year with about $874M of total liquidity and reported CASM ex‑fuel of 7.36¢, indicators that the company has runway to manage near‑term volatility. Read More.
• Neutral Sentiment: Fleet optimization deal (non‑binding) — Frontier announced a non‑binding agreement with AerCap for early return of 24 A320neo aircraft and 10 future sale‑leasebacks; could lower future lease costs or capacity, but terms are non‑binding and execution risk remains. Read More.
• Neutral Sentiment: Board addition — Frontier added Anthony Salcido to the board, a governance/strategic move that may strengthen oversight but is not an immediate earnings catalyst. Read More.
• Negative Sentiment: Guidance well below Street — Management set FY‑2026 EPS guidance of -$0.40 to -$0.50 (consensus ~+$0.02) and Q1‑2026 of -$0.44 to -$0.26 (consensus ~-0.30), a clear near‑term earnings headwind that likely pressured some sellers. Read More.
• Negative Sentiment: Analyst downgrade — Deutsche Bank cut ULCC from Buy to Hold (PT $6.00), which can reduce upward momentum by lowering conviction among institutional and retail buyers. Read More.
• Negative Sentiment: Insider sale — An SVP sold 5,000 shares at ~$6.00; not large relative to float but flagged by markets as a modest negative signal. Read More.

About Frontier Group

Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.

Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.