Frontier Group (NASDAQ:ULCC) Stock Price Up 8.9% – Should You Buy?

Frontier Group Holdings, Inc. (NASDAQ:ULCC) was up 8.9% on Wednesday . The company traded as high as $5.84 and last traded at $5.7850. Approximately 2,693,080 shares changed hands during trading, a decline of 45% from the average daily volume of 4,858,679 shares. The stock had previously closed at $5.31.

Wall Street Analyst Weigh In

Several research firms have recently commented on ULCC. Citigroup boosted their price target on Frontier Group from $4.90 to $5.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday, May 19th. 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. Wall Street Zen raised Frontier Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Barclays reissued an “underweight” rating and issued a $4.00 price target (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Five analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Frontier Group currently has an average rating of “Reduce” and a consensus price target of $5.07.

Frontier Group Trading Up 8.4%

The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.44 and a current ratio of 0.49. The company has a 50 day simple moving average of $4.08 and a two-hundred day simple moving average of $4.52. The firm has a market cap of $1.32 billion, a PE ratio of -3.59 and a beta of 2.41.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.07. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.04 billion. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.The company’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.19) EPS. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. Analysts expect that Frontier Group Holdings, Inc. will post -1.12 EPS for the current fiscal year.

Insider Transactions at Frontier Group

In other news, VP Trevor J. Stedke sold 83,110 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $5.41, for a total value of $449,625.10. Following the sale, the vice president owned 167,277 shares in the company, valued at $904,968.57. This represents a 33.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Josh A. Wetzel sold 13,500 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $4.75, for a total value of $64,125.00. Following the completion of the sale, the chief accounting officer owned 12,061 shares in the company, valued at $57,289.75. The trade was a 52.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 48.00% of the stock is owned by corporate insiders.

Institutional Trading of Frontier Group

A number of hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC boosted its stake in shares of 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 buying an additional 4,995 shares during the last quarter. Straightline Group LLC boosted its stake in shares of 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 buying an additional 5,232 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of 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 buying an additional 5,913 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Frontier Group in the third quarter worth about $27,000. Finally, Victory Capital Management Inc. raised its holdings in Frontier Group by 9.5% in the 3rd 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 during the period.

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.