Frontier Group Holdings, Inc. (NASDAQ:ULCC) Receives $6.38 Average PT from Analysts

Frontier Group Holdings, Inc. (NASDAQ:ULCC) has earned an average rating of “Hold” from the nine analysts that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $6.3750.

Several research firms have weighed in on ULCC. Seaport Research Partners upgraded shares of Frontier Group to a “hold” rating in a research note on Thursday, September 25th. Bank of America restated an “underperform” rating and set a $4.00 price target (down from $5.00) on shares of Frontier Group in a report on Tuesday, January 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Frontier Group in a report on Monday, December 29th. Citigroup initiated coverage on Frontier Group in a research report on Thursday, December 4th. They set a “neutral” rating and a $5.00 price objective for the company. Finally, Susquehanna upped their target price on Frontier Group from $4.00 to $5.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th.

Insider Buying and Selling

In related news, CEO Barry Biffle sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $5.54, for a total transaction of $554,000.00. Following the transaction, the chief executive officer owned 731,836 shares of the company’s stock, valued at approximately $4,054,371.44. This trade represents a 12.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Steve Schuller sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $6.00, for a total transaction of $30,000.00. Following the completion of the sale, the senior vice president directly owned 77,312 shares of the company’s stock, valued at $463,872. This represents a 6.07% 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 worth $1,670,444 in the last 90 days. 48.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Frontier Group

A number of institutional investors and hedge funds have recently made changes to their positions in ULCC. Caitong International Asset Management Co. Ltd bought a new position in shares of Frontier Group in the 3rd quarter valued at approximately $27,000. Ameritas Investment Partners Inc. raised its position in shares of Frontier Group by 130.0% in the second quarter. Ameritas Investment Partners Inc. now owns 8,643 shares of the company’s stock valued at $31,000 after purchasing an additional 4,885 shares during the period. CWM LLC lifted its stake in shares of Frontier Group by 165.0% in the second quarter. CWM LLC now owns 10,042 shares of the company’s stock worth $36,000 after buying an additional 6,253 shares during the last quarter. MQS Management LLC bought a new stake in shares of Frontier Group during the 2nd quarter worth $37,000. Finally, Baron Wealth Management LLC acquired a new position in Frontier Group in the 2nd quarter valued at $37,000.

Frontier Group Stock Up 9.0%

Shares of Frontier Group stock opened at $5.35 on Thursday. Frontier Group has a 1 year low of $2.89 and a 1 year high of $10.26. The company has a market cap 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. The stock has a 50-day moving average price of $4.80 and a 200 day moving average price of $4.55.

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

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.