UBS Group Issues Pessimistic Forecast for Frontier Group (NASDAQ:ULCC) Stock Price

Frontier Group (NASDAQ:ULCC) had its price target reduced by UBS Group from $7.00 to $6.00 in a report released on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective points to a potential upside of 1.61% from the stock’s current price.

ULCC has been the subject of several other reports. Zacks Research lowered Frontier Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Wall Street Zen upgraded Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st. Susquehanna lifted their price objective on Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Citigroup boosted 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. Finally, Barclays decreased their target price on shares of Frontier Group from $7.00 to $5.00 and set an “underweight” rating on the stock in a research note on Friday, September 11th. Six analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $6.43.

Frontier Group Stock Performance

Frontier Group stock traded up $0.07 during midday trading on Thursday, reaching $5.91. 1,270,875 shares of the company traded hands, compared to its average volume of 4,303,909. Frontier Group has a 12 month low of $3.02 and a 12 month high of $8.40. The company has a debt-to-equity ratio of 2.77, a current ratio of 0.58 and a quick ratio of 0.54. The business has a 50 day moving average of $6.22 and a two-hundred day moving average of $5.49. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of -3.50 and a beta of 2.57.

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

Insider Transactions at Frontier Group

In related news, VP Trevor Stedke sold 167,277 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $8.03, for a total transaction of $1,343,234.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Howard Diamond sold 24,195 shares of Frontier Group stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.25, for a total value of $199,608.75. Following the sale, the executive vice president directly owned 133,126 shares in the company, valued at $1,098,289.50. This trade represents a 15.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 12,049,662 shares of company stock valued at $87,026,452. 48.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Frontier Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC bought a new stake in Frontier Group in the 2nd quarter valued at $116,000. Engineers Gate Manager LP grew its position in shares of Frontier Group by 21.0% during the second quarter. Engineers Gate Manager LP now owns 185,048 shares of the company’s stock valued at $1,464,000 after purchasing an additional 32,082 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Frontier Group in the second quarter worth about $28,000. Squarepoint Ops LLC lifted its position in shares of Frontier Group by 247.6% in the second quarter. Squarepoint Ops LLC now owns 266,000 shares of the company’s stock worth $2,104,000 after buying an additional 189,469 shares in the last quarter. Finally, AXQ Capital LP bought a new position in Frontier Group during the second quarter valued at approximately $470,000.

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.