Frontier Group Holdings, Inc. (NASDAQ:ULCC) Stock Has Consensus Price Target of $6.57

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) have received an average recommendation of “Reduce” from the nine brokerages that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $6.43.

Several research analysts have recently weighed in on ULCC shares. Weiss Ratings downgraded Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, July 30th. Susquehanna boosted their price target on shares of Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Citigroup upped their price objective on shares of Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Zacks Research downgraded shares of Frontier Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 27th. Finally, UBS Group dropped their target price on shares of Frontier Group from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, September 24th.

Insider Transactions at Frontier Group

In related news, SVP Steve Schuller sold 10,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $7.55, for a total value of $75,500.00. Following the transaction, the senior vice president directly owned 87,175 shares of the company’s stock, valued at approximately $658,171.25. This trade represents a 10.29% decrease in their position. The sale was disclosed in a filing with the SEC, 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 dated 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 completion of the sale, the insider owned 22,706,526 shares in the company, valued at approximately $163,486,987.20. The trade was a 34.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 12,049,662 shares of company stock worth $87,026,452 in the last three months. 48.00% of the stock is owned by corporate insiders.

Institutional Trading of Frontier Group

A number of institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Frontier Group during the second quarter worth approximately $47,205,000. U S Global Investors Inc. boosted its stake in Frontier Group by 63.9% during the first quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after buying an additional 2,643,448 shares during the last quarter. Silver Point Capital L.P. purchased a new stake in Frontier Group in the 2nd quarter valued at $12,141,850. Mountaineer Partners Management LLC purchased a new stake in Frontier Group in the 4th quarter valued at $4,490,000. Finally, Bank of America Corp DE acquired a new stake in shares of Frontier Group in the 2nd quarter worth $7,337,000.

Frontier Group Price Performance

Shares of Frontier Group stock opened at $6.08 on Tuesday. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 2.77. Frontier Group has a twelve month low of $3.02 and a twelve month high of $8.40. The business has a 50-day moving average price of $6.20 and a 200 day moving average price of $5.54. The firm has a market cap of $1.40 billion, a PE ratio of -3.62 and a beta of 2.57.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.47) by $0.37. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the prior year, the firm posted ($0.31) EPS. Frontier Group’s quarterly revenue was up 37.7% compared to the same quarter last year. 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 predict that Frontier Group will post -0.34 earnings per share for the current fiscal year.

About Frontier Group

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. Frontier Airlines operates scheduled air transportation services, primarily connecting destinations across the United States with cities in Mexico, the Caribbean and Central America.

Frontier’s business model emphasizes low base fares and optional services. Customers can purchase additional products such as checked and carry-on baggage, advance seat assignments, priority services and other travel-related options.