Susquehanna Raises Frontier Group (NASDAQ:ULCC) Price Target to $5.00

Frontier Group (NASDAQ:ULCC) had its price objective raised by Susquehanna from $4.00 to $5.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Susquehanna’s price target would indicate a potential upside of 3.73% from the company’s current price.

Several other brokerages also recently weighed in on ULCC. Seaport Res Ptn upgraded Frontier Group to a “hold” rating in a research report on Thursday, September 25th. Weiss Ratings restated a “sell (d-)” rating on shares of Frontier Group in a research note on Monday, December 29th. Citigroup assumed coverage on shares of Frontier Group in a research report on Thursday, December 4th. They set a “neutral” rating and a $5.00 price objective for the company. UBS Group reissued a “neutral” rating and issued a $6.00 price objective (up previously from $4.00) on shares of Frontier Group in a research note on Friday, December 12th. Finally, Bank of America reaffirmed an “underperform” rating and set a $4.00 target price (down previously from $5.00) on shares of Frontier Group in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Frontier Group presently has an average rating of “Hold” and an average price target of $6.38.

Frontier Group Stock Performance

Shares of Frontier Group stock opened at $4.82 on Friday. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 0.79. The company has a market cap of $1.10 billion, a PE ratio of -7.90 and a beta of 2.55. The company has a 50 day moving average of $4.56 and a 200-day moving average of $4.46. Frontier Group has a 1-year low of $2.89 and a 1-year high of $10.26.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings data on Wednesday, November 5th. The company reported ($0.34) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.34). Frontier Group had a negative net margin of 3.65% and a negative return on equity of 25.73%. The business had revenue of $886.00 million for the quarter, compared to analysts’ expectations of $900.07 million. During the same period last year, the firm posted ($0.05) earnings per share. The firm’s quarterly revenue was down 5.2% compared to the same quarter last year. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. As a group, equities research analysts forecast that Frontier Group will post 0.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Steve Schuller sold 5,000 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $6.00, for a total value of $30,000.00. Following the completion of the sale, the senior vice president owned 77,312 shares of the company’s stock, valued at approximately $463,872. This represents a 6.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Barry Biffle sold 82,627 shares of Frontier Group stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $5.78, for a total value of $477,584.06. Following the completion of the transaction, the chief executive officer directly owned 631,836 shares in the company, valued at approximately $3,652,012.08. This represents a 11.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 305,000 shares of company stock valued at $1,670,444 over the last 90 days. 48.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Frontier Group in the 3rd quarter worth approximately $27,000. XTX Topco Ltd lifted its holdings in Frontier Group by 12.5% in the third quarter. XTX Topco Ltd now owns 138,878 shares of the company’s stock valued at $613,000 after buying an additional 15,393 shares during the period. Voleon Capital Management LP boosted its position in Frontier Group by 242.8% during the third quarter. Voleon Capital Management LP now owns 715,417 shares of the company’s stock valued at $3,159,000 after acquiring an additional 506,704 shares during the last quarter. Prentice Capital Management LP boosted its position in Frontier Group by 596.1% during the third quarter. Prentice Capital Management LP now owns 530,119 shares of the company’s stock valued at $2,340,000 after acquiring an additional 453,962 shares during the last quarter. Finally, Numerai GP LLC acquired a new stake in Frontier Group during the 3rd quarter worth about $61,000.

Frontier Group Company Profile

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.