Frontier Group Holdings, Inc. (NASDAQ:ULCC – Get Free Report) has been assigned a consensus recommendation of “Reduce” from the nine ratings firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $6.29.
ULCC has been the subject of several research analyst reports. Citigroup lifted their price objective on Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Weiss Ratings cut Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, July 30th. Barclays decreased their target price on Frontier Group from $7.00 to $5.00 and set an “underweight” rating on the stock in a research note on Friday, September 11th. Zacks Research cut Frontier Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 27th. Finally, UBS Group lowered their price target on Frontier Group from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, September 24th.
Read Our Latest Analysis on ULCC
Insider Activity at Frontier Group
In related news, VP Trevor J. Stedke sold 167,277 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.03, for a total value of $1,343,234.31. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Alexandre Clerc sold 7,142 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $7.13, for a total transaction of $50,922.46. Following the completion of the sale, the senior vice president directly owned 40,556 shares in the company, valued at $289,164.28. This represents a 14.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 349,662 shares of company stock valued at $2,786,452 in the last ninety days. Insiders own 48.00% of the company’s stock.
Hedge Funds Weigh In On Frontier Group
A number of institutional investors have recently made changes to their positions in ULCC. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Frontier Group by 3.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,787 shares of the company’s stock worth $734,000 after acquiring an additional 3,461 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in Frontier Group in the second quarter worth $28,000. Allworth Financial LP purchased a new position in Frontier Group in the second quarter worth $43,000. Legal & General Group Plc bought a new position in Frontier Group in the second quarter valued at $46,000. Finally, Atlas Wealth LLC bought a new position in Frontier Group in the first quarter valued at $33,000.
Frontier Group Stock Up 2.9%
Shares of NASDAQ:ULCC opened at $5.04 on Friday. The firm has a fifty day moving average price of $5.80 and a two-hundred day moving average price of $5.80. The company has a debt-to-equity ratio of 2.77, a current ratio of 0.58 and a quick ratio of 0.54. Frontier Group has a one year low of $3.02 and a one year high of $8.40. The company has a market cap of $1.16 billion, a price-to-earnings ratio of -3.00 and a beta of 2.64.
Frontier Group (NASDAQ:ULCC – Get Free Report) last released its quarterly earnings results 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 during the quarter, compared to analyst estimates 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 for the quarter was up 37.7% on a year-over-year basis. During the same period in the previous year, the business 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. Analysts anticipate that Frontier Group will post -0.47 EPS for the current fiscal year.
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. The company operates a low-fare, point-to-point air transportation business, primarily serving leisure travelers and price-conscious customers.
Frontier Airlines offers scheduled flights to destinations across the United States, as well as selected locations in the Caribbean and Latin America. Its business model emphasizes low base fares with additional charges for optional services such as checked baggage, seat selection, priority boarding and other travel-related products.
Frontier Airlines traces its roots to 1994 and has expanded its network through a fleet focused largely on Airbus narrow-body aircraft.
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