Frontier Group (NASDAQ:ULCC) Trading Up 9.1% – Here’s Why

Frontier Group Holdings, Inc. (NASDAQ:ULCC) traded up 9.1% on Wednesday . The stock traded as high as $5.30 and last traded at $5.3580. 2,452,505 shares were traded during mid-day trading, a decline of 31% from the average session volume of 3,569,501 shares. The stock had previously closed at $4.91.

Analysts Set New Price Targets

Several research firms have recently commented on ULCC. UBS Group restated a “neutral” rating and set a $6.00 price target (up previously from $4.00) on shares of Frontier Group in a research report on Friday, December 12th. Morgan Stanley decreased their target price on shares of Frontier Group from $9.00 to $8.00 and set an “equal weight” rating for the company in a research report on Monday, December 8th. Susquehanna raised their price target on shares of Frontier Group from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Seaport Research Partners upgraded Frontier Group to a “hold” rating in a research report on Thursday, September 25th. Finally, Citigroup started coverage on Frontier Group in a report on Thursday, December 4th. They issued a “neutral” rating and a $5.00 price objective for the company. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $6.38.

Frontier Group Price Performance

The business’s 50-day simple moving average is $4.78 and its 200 day simple moving average is $4.55. The company has a market capitalization of $1.22 billion, a P/E ratio of -8.77 and a beta of 2.55. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 0.79.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($0.34) earnings per share (EPS) for the quarter, meeting the consensus estimate 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 during 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 business’s revenue was down 5.2% on a year-over-year basis. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. As a group, sell-side analysts anticipate that Frontier Group Holdings, Inc. will post 0.91 EPS for the current year.

Insider Buying and Selling at Frontier Group

In other news, SVP Steve Schuller sold 5,000 shares of Frontier Group stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $6.00, for a total value of $30,000.00. Following the transaction, the senior vice president owned 77,312 shares of the company’s stock, valued at $463,872. The trade was a 6.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Barry Biffle sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $5.54, for a total transaction of $554,000.00. Following the completion of the sale, the chief executive officer owned 731,836 shares in the company, valued at $4,054,371.44. The trade was a 12.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 305,000 shares of company stock worth $1,670,444. 48.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Frontier Group

Several large investors have recently modified their holdings of ULCC. SG Americas Securities LLC grew its holdings in shares of Frontier Group by 4.5% in the 4th quarter. SG Americas Securities LLC now owns 115,962 shares of the company’s stock worth $546,000 after acquiring an additional 4,995 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Frontier Group in the 3rd quarter worth about $27,000. XTX Topco Ltd raised its holdings in Frontier Group by 12.5% during the 3rd quarter. XTX Topco Ltd now owns 138,878 shares of the company’s stock worth $613,000 after buying an additional 15,393 shares during the period. Voleon Capital Management LP lifted its stake 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 buying an additional 506,704 shares in the last quarter. Finally, Prentice Capital Management LP lifted its stake 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 buying an additional 453,962 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.