Frontier Group (NASDAQ:ULCC) Stock Price Down 7.2% – Time to Sell?

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) traded down 7.2% on Tuesday . The company traded as low as $4.28 and last traded at $4.2950. 1,486,806 shares traded hands during trading, a decline of 70% from the average session volume of 4,883,494 shares. The stock had previously closed at $4.63.

Analysts Set New Price Targets

ULCC has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft downgraded shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a report on Tuesday, February 10th. Wall Street Zen raised shares of Frontier Group from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Susquehanna lifted their price objective on shares of Frontier Group from $3.40 to $4.50 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Barclays reaffirmed an “underweight” rating and issued a $4.00 price objective (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Finally, UBS Group decreased their price objective on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, March 16th. Five analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $5.07.

Frontier Group Trading Down 7.2%

The company has a market cap of $986.95 million, a price-to-earnings ratio of -2.68 and a beta of 2.41. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.49 and a quick ratio of 0.44. The firm’s fifty day moving average price is $3.93 and its 200-day moving average price is $4.48.

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

Insider Activity

In other news, VP Trevor J. Stedke sold 83,110 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $5.41, for a total transaction of $449,625.10. Following the completion of the transaction, the vice president owned 167,277 shares of the company’s stock, valued at approximately $904,968.57. The trade was a 33.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 48.00% of the company’s stock.

Institutional Investors Weigh In On Frontier Group

A number of hedge funds and other institutional investors have recently modified their holdings of ULCC. U S Global Investors Inc. raised its stake in shares of Frontier Group by 63.9% during the first quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock valued at $23,938,000 after purchasing an additional 2,643,448 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Frontier Group during the second quarter valued at about $5,387,000. Mountaineer Partners Management LLC bought a new stake in shares of Frontier Group during the fourth quarter valued at about $4,490,000. Bank of America Corp DE raised its stake in shares of 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 valued at $13,366,000 after purchasing an additional 852,798 shares in the last quarter. Finally, HRT Financial LP raised its stake in shares of Frontier Group by 932.1% during the fourth quarter. HRT Financial LP now owns 817,425 shares of the company’s stock valued at $3,850,000 after purchasing an additional 738,228 shares in the last quarter.

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.