Frontier Group Holdings, Inc. (NASDAQ:ULCC) Receives Average Recommendation of “Reduce” from Analysts

Frontier Group Holdings, Inc. (NASDAQ:ULCC) has been given an average rating of “Reduce” by the eight brokerages that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $6.8571.

ULCC has been the subject of a number of research reports. 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. Weiss Ratings restated a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday, May 19th. UBS Group upped their price target on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday, June 23rd. Susquehanna increased their price target on shares of Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Finally, Barclays raised their price objective on shares of Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a research report on Thursday, June 25th.

Insider Buying and Selling at Frontier Group

In other Frontier Group news, VP Trevor J. Stedke sold 83,110 shares of Frontier Group stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $5.41, for a total value of $449,625.10. Following the transaction, the vice president directly owned 167,277 shares in the company, valued at approximately $904,968.57. This trade represents a 33.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Group Holdings – Frontier Llc sold 11,700,000 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $7.20, for a total value of $84,240,000.00. Following the completion of the transaction, the insider directly owned 22,706,526 shares in the company, valued at approximately $163,486,987.20. The trade was a 34.01% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 11,811,670 shares of company stock valued at $84,843,756. Corporate insiders own 48.00% of the company’s stock.

Hedge Funds Weigh In On Frontier Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. U S Global Investors Inc. lifted its stake in shares of Frontier Group by 63.9% in the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after acquiring an additional 2,643,448 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Frontier Group by 5.5% during the third quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company’s stock worth $17,860,000 after acquiring an additional 209,154 shares during the period. Bank of America Corp DE raised its holdings in Frontier Group by 39.2% during the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock worth $13,366,000 after purchasing an additional 852,798 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in Frontier Group by 48.4% during the third quarter. Balyasny Asset Management L.P. now owns 2,202,219 shares of the company’s stock worth $9,723,000 after purchasing an additional 718,147 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Frontier Group by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 2,196,472 shares of the company’s stock valued at $10,347,000 after purchasing an additional 8,946 shares during the period.

Frontier Group Price Performance

Shares of ULCC opened at $6.54 on Thursday. 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 has a 1-year low of $3.02 and a 1-year high of $8.40. The stock has a market cap of $1.50 billion, a PE ratio of -4.09 and a beta of 2.56. The firm has a fifty day moving average price of $6.24 and a 200 day moving average price of $5.07.

Frontier Group (NASDAQ:ULCC) last posted its earnings results on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.The business’s revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.19) earnings per share. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, sell-side analysts anticipate that Frontier Group will post -0.8 EPS for the current year.

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.