Frontier Group (NASDAQ:ULCC) Shares Down 7.7% – Here’s What Happened

Frontier Group Holdings, Inc. (NASDAQ:ULCC) shares were down 7.7% during mid-day trading on Monday . The company traded as low as $3.33 and last traded at $3.34. Approximately 1,019,712 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 3,677,017 shares. The stock had previously closed at $3.62.

Analysts Set New Price Targets

Several analysts recently commented on ULCC shares. Barclays reaffirmed an “underweight” rating and issued a $4.00 price target (down from $6.00) on shares of Frontier Group in a research note on Monday, March 2nd. Citigroup began coverage on Frontier Group in a report on Thursday, December 4th. They set a “neutral” rating and a $5.00 price objective for the company. Susquehanna boosted their target price on shares of Frontier Group from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Bank of America reaffirmed an “underperform” rating and issued a $4.00 target price (down from $5.00) on shares of Frontier Group in a report on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a research report on Tuesday, February 10th. Six investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Frontier Group has an average rating of “Reduce” and a consensus price target of $5.38.

Frontier Group Stock Performance

The stock has a 50-day moving average of $4.96 and a 200 day moving average of $4.74. The firm has a market capitalization of $831.19 million, a P/E ratio of -5.93, a price-to-earnings-growth ratio of 0.66 and a beta of 2.55. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.41 and a current ratio of 0.46.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.13. The firm had revenue of $997.00 million during the quarter, compared to the consensus estimate of $971.35 million. Frontier Group had a negative return on equity of 27.39% and a negative net margin of 3.68%.The business’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS. Frontier Group has set its FY 2026 guidance at -0.400-0.500 EPS and its Q1 2026 guidance at -0.440–0.260 EPS. On average, research analysts anticipate that Frontier Group Holdings, Inc. will post 0.91 earnings per share for the current year.

Insider Transactions at Frontier Group

In related news, SVP Steve Schuller sold 5,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $6.00, for a total transaction of $30,000.00. Following the transaction, the senior vice president owned 94,926 shares in the company, valued at $569,556. This represents a 5.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Barry Biffle sold 82,627 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $5.78, for a total transaction of $477,584.06. Following the sale, the chief executive officer directly owned 631,836 shares in the company, valued at approximately $3,652,012.08. This represents a 11.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 48.00% of the company’s stock.

Institutional Trading of Frontier Group

Several hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Frontier Group in the third quarter valued at approximately $27,000. Ameritas Investment Partners Inc. boosted its position in Frontier Group by 130.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,643 shares of the company’s stock valued at $31,000 after buying an additional 4,885 shares during the last quarter. Quarry LP bought a new position in Frontier Group in the 4th quarter valued at $34,000. Brooklyn Investment Group increased its stake in shares of Frontier Group by 490.7% in the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after buying an additional 9,078 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Frontier Group in the 3rd quarter valued at $49,000.

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.