Frontier Group (NASDAQ:ULCC) Reaches New 12-Month High – What’s Next?

Frontier Group Holdings, Inc. (NASDAQ:ULCC)’s stock price hit a new 52-week high on Monday . The company traded as high as $6.98 and last traded at $6.8650, with a volume of 925251 shares. The stock had previously closed at $6.25.

Wall Street Analyst Weigh In

ULCC has been the subject of a number of analyst reports. UBS Group reduced their price target on Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, March 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday, May 19th. Susquehanna boosted their price target on Frontier Group from $3.40 to $4.50 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Barclays reiterated 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. Finally, Wall Street Zen downgraded shares of Frontier Group from a “hold” rating to a “sell” rating in a report on Saturday. Five investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Frontier Group currently has a consensus rating of “Reduce” and an average target price of $5.07.

Frontier Group Stock Performance

The firm’s 50 day moving average price is $4.85 and its 200-day moving average price is $4.74. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of -4.07 and a beta of 2.60. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.49 and a quick ratio of 0.44.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the company earned ($0.19) EPS. The company’s quarterly revenue was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, analysts anticipate that Frontier Group Holdings, Inc. will post -1.12 earnings per share for the current year.

Insider Buying and Selling at Frontier Group

In related news, CAO Josh A. Wetzel sold 13,500 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $4.75, for a total value of $64,125.00. Following the completion of the transaction, the chief accounting officer owned 12,061 shares of the company’s stock, valued at $57,289.75. This represents a 52.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Trevor J. Stedke sold 83,110 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $5.41, for a total transaction of $449,625.10. Following the completion of the transaction, the vice president directly owned 167,277 shares of the company’s stock, valued at $904,968.57. This trade represents a 33.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 111,670 shares of company stock worth $603,756. 48.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Frontier Group

Several large investors have recently made changes to their positions in ULCC. SG Americas Securities LLC boosted its stake in Frontier Group by 4.5% in the fourth quarter. SG Americas Securities LLC now owns 115,962 shares of the company’s stock worth $546,000 after purchasing an additional 4,995 shares in the last quarter. Straightline Group LLC boosted its stake in Frontier Group by 9.5% in the fourth quarter. Straightline Group LLC now owns 60,586 shares of the company’s stock worth $285,000 after purchasing an additional 5,232 shares in the last quarter. AQR Capital Management LLC boosted its stake in Frontier Group by 46.0% in the first quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock worth $81,000 after purchasing an additional 5,913 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Frontier Group in the third quarter worth $27,000. Finally, Victory Capital Management Inc. boosted its stake in Frontier Group by 9.5% in the third quarter. Victory Capital Management Inc. now owns 70,382 shares of the company’s stock worth $311,000 after purchasing an additional 6,108 shares in the last quarter.

About Frontier Group

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.