Frontier Group (NASDAQ:ULCC) Stock Price Target Lowered at Susquehanna

Frontier Group (NASDAQ:ULCC) had its price objective decreased by equities researchers at Susquehanna from $7.00 to $6.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Susquehanna’s price objective would indicate a potential downside of 4.00% from the stock’s previous close.

Several other brokerages also recently issued reports on ULCC. UBS Group cut their price objective on Frontier Group from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, September 24th. Wall Street Zen upgraded Frontier Group from a “sell” rating to a “hold” rating in a report on Sunday, June 21st. Barclays dropped their price target on Frontier Group from $7.00 to $5.00 and set an “underweight” rating for the company in a research report on Friday, September 11th. Citigroup boosted their price target on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Finally, Zacks Research lowered Frontier Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Six analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $6.29.

Frontier Group Trading Up 2.3%

Shares of ULCC stock opened at $6.25 on Wednesday. The stock has a market cap of $1.44 billion, a P/E ratio of -3.72 and a beta of 2.64. 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 fifty-two week low of $3.02 and a fifty-two week high of $8.40. The business has a fifty day simple moving average of $6.22 and a 200-day simple moving average of $5.66.

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

Insider Activity

In other Frontier Group news, SVP Steve Schuller sold 7,500 shares of Frontier Group stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $6.00, for a total value of $45,000.00. Following the completion of the sale, the senior vice president directly owned 79,675 shares of the company’s stock, valued at approximately $478,050. The trade was a 8.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Alexandre Clerc sold 3,068 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $8.17, for a total value of $25,065.56. Following the completion of the transaction, the senior vice president owned 37,488 shares of the company’s stock, valued at $306,276.96. This trade represents a 7.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 12,049,662 shares of company stock valued at $87,026,452 in the last 90 days. Insiders own 48.00% of the company’s stock.

Institutional Trading of Frontier Group

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

Frontier Group Company Profile

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. Frontier Airlines operates a low-fare business model that separates base airfare from optional services, allowing customers to pay for add-ons such as checked baggage, seat selection, priority services and other travel options.

Frontier Airlines serves a broad network of destinations across the United States, as well as selected locations in Mexico, the Caribbean and Central America.