Frontier Group (NASDAQ:ULCC) Trading 11.8% Higher – What’s Next?

Frontier Group Holdings, Inc. (NASDAQ:ULCCGet Free Report)’s stock price was up 11.8% during mid-day trading on Monday . The company traded as high as $7.47 and last traded at $7.5450. Approximately 561,026 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 4,707,310 shares. The stock had previously closed at $6.75.

Wall Street Analyst Weigh In

ULCC has been the subject of a number of research analyst reports. UBS Group boosted their target price on shares of Frontier Group from $4.00 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 23rd. Weiss Ratings cut Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday. Barclays increased their target price on Frontier Group from $4.00 to $7.00 and gave the company an “underweight” rating in a research note on Thursday, June 25th. Citigroup raised their target price on Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, June 26th. Finally, Zacks Research raised Frontier Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $6.86.

Read Our Latest Research Report on Frontier Group

Frontier Group Stock Up 10.4%

The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.54 and a current ratio of 0.58. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of -4.44 and a beta of 2.56. The firm’s 50-day simple moving average is $6.58 and its 200-day simple moving average is $5.19.

Frontier Group (NASDAQ:ULCCGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.47) by $0.37. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.22 billion. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. The business’s revenue was up 37.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.31) EPS. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. Sell-side analysts forecast that Frontier Group Holdings, Inc. will post -0.48 earnings per share for the current year.

Insider Activity

In other Frontier Group news, VP Trevor J. Stedke sold 83,110 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $5.41, for a total value of $449,625.10. Following the completion of the sale, the vice president owned 167,277 shares in the company, valued at approximately $904,968.57. This trade represents a 33.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Group Holdings – Frontier Llc sold 11,700,000 shares of Frontier Group stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $7.20, for a total value of $84,240,000.00. Following the sale, the insider directly owned 22,706,526 shares in the company, valued at $163,486,987.20. The trade was a 34.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 11,811,670 shares of company stock valued at $84,843,756. Corporate insiders own 48.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in Frontier Group in the third quarter worth $27,000. Atlas Wealth LLC bought a new stake in Frontier Group in the 1st quarter valued at $33,000. Quarry LP acquired a new position in shares of Frontier Group in the 4th quarter valued at $34,000. Brooklyn Investment Group raised 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 in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Frontier Group during the 1st quarter worth about $60,000.

Frontier Group Company Profile

(Get Free Report)

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.

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