Frontier Group (NASDAQ:ULCC) Shares Gap Up – What’s Next?

Frontier Group Holdings, Inc. (NASDAQ:ULCCGet Free Report) gapped up prior to trading on Monday . The stock had previously closed at $3.18, but opened at $3.39. Frontier Group shares last traded at $3.5070, with a volume of 1,384,412 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Citigroup decreased their price objective on shares of Frontier Group from $5.00 to $3.50 and set a “neutral” rating for the company in a research report on Friday, March 20th. Barclays restated an “underweight” rating and issued a $4.00 target price (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Susquehanna increased their price target on Frontier Group from $4.00 to $5.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Bank of America reissued an “underperform” rating and issued a $4.00 price objective (down from $5.00) on shares of Frontier Group in a research report on Tuesday, January 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Frontier Group in a research note on Monday, December 29th. Six analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $4.94.

Read Our Latest Analysis on ULCC

Frontier Group Stock Performance

The firm’s 50-day moving average price is $4.64 and its 200 day moving average price is $4.62. The company has a market cap of $799.04 million, a price-to-earnings ratio of -5.70 and a beta of 2.55. The company has a current ratio of 0.46, a quick ratio of 0.41 and a debt-to-equity ratio of 0.73.

Frontier Group (NASDAQ:ULCCGet Free Report) last released its earnings results on Wednesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.13. The company had revenue of $997.00 million for the quarter, compared to the consensus estimate of $971.35 million. Frontier Group had a negative net margin of 3.68% and a negative return on equity of 27.39%. Frontier Group’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. As a group, equities analysts expect that Frontier Group Holdings, Inc. will post 0.91 EPS for the current year.

Insiders Place Their Bets

In other 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 approximately $569,556. This represents a 5.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 48.00% of the company’s stock.

Institutional Trading of Frontier Group

Large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new stake in Frontier Group in the 3rd quarter valued at about $27,000. Ameritas Investment Partners Inc. boosted its holdings in Frontier Group by 130.0% in the second quarter. Ameritas Investment Partners Inc. now owns 8,643 shares of the company’s stock worth $31,000 after acquiring an additional 4,885 shares in the last quarter. Quarry LP bought a new position in Frontier Group in the fourth quarter worth approximately $34,000. Brooklyn Investment Group grew its stake in Frontier Group by 490.7% in the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after acquiring an additional 9,078 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Frontier Group in the third quarter valued at approximately $49,000.

About Frontier Group

(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.

See Also

Receive News & Ratings for Frontier Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontier Group and related companies with MarketBeat.com's FREE daily email newsletter.