Frontier Group (NASDAQ:ULCC) Releases Earnings Results

Frontier Group (NASDAQ:ULCC) released its quarterly earnings data on Wednesday. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.10 by $0.13, FiscalAI reports. Frontier Group had a negative return on equity of 25.73% and a negative net margin of 3.65%.Frontier Group’s revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.23 EPS. Frontier Group updated its FY 2026 guidance to -0.400-0.500 EPS and its Q1 2026 guidance to -0.440–0.260 EPS.

Frontier Group Stock Performance

ULCC traded down $0.02 during midday trading on Wednesday, hitting $5.94. 643,757 shares of the company were exchanged, compared to its average volume of 3,452,640. 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 firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of -9.74 and a beta of 2.55. The company’s 50 day simple moving average is $5.17 and its 200 day simple moving average is $4.67. Frontier Group has a 1-year low of $2.89 and a 1-year high of $9.63.

Analysts Set New Price Targets

A number of equities research analysts have commented on ULCC shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Frontier Group in a research report on Monday, December 29th. Susquehanna lifted their price objective on shares of Frontier Group from $4.00 to $5.00 and gave the company a “neutral” rating in a research report on Friday, January 9th. Morgan Stanley reduced their price objective on Frontier Group from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Monday, December 8th. Bank of America reiterated an “underperform” rating and issued a $4.00 price target (down previously from $5.00) on shares of Frontier Group in a research report on Tuesday, January 6th. Finally, Citigroup began coverage on shares of Frontier Group in a report on Thursday, December 4th. They set a “neutral” rating and a $5.00 price target on the stock. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $6.13.

Frontier Group News Summary

Here are the key news stories impacting Frontier Group this week:

• Positive Sentiment: Quarterly earnings beat: Frontier reported $0.23 EPS vs. $0.10 consensus, showing stronger profitability than expected which supports the rally in investor sentiment. Read More.
• Positive Sentiment: Strong quarter and liquidity/guidance highlights: Q4 revenue ~$997M, positive net income of $53M ($0.23/share), CASM ex‑fuel improvement and year‑end liquidity of ~$874M (including revolver expansion) — all of which reduce near‑term financing risk. Read More.
• Positive Sentiment: Board governance: Frontier added an independent director, improving board depth and oversight — a modest corporate‑governance positive for investors. Read More.
• Neutral Sentiment: Fleet optimization agreement with AerCap: Frontier disclosed a non‑binding deal to return 24 A320neos early and structure 10 future sale‑leasebacks — this could lower capital intensity and raise cash via sale‑leasebacks, but the non‑binding nature and potential capacity changes make the near‑term impact unclear. Read More.
• Neutral Sentiment: Mixed analyst coverage: Recent notes vary (downgrades and holds alongside neutral coverage), leaving consensus sentiment around “hold” with an average target near $6.38 — keeps upside limited absent new catalysts. Read More.
• Neutral Sentiment: Short‑interest data noisy: Recent short‑interest reporting showed anomalous/zero values, making it unhelpful for gauging short pressure or squeeze risk right now. (Data appears unreliable.)
• Negative Sentiment: Deutsche Bank downgrade: Deutsche Bank cut ULCC from Buy to Hold with a $6 target, removing a positive analyst catalyst and adding selling pressure. Read More.
• Negative Sentiment: Negative press narrative: A MarketWatch piece argued Frontier’s run may be stalling, which can amplify cautious positioning by investors and algos. Read More.
• Negative Sentiment: Insider sale: SVP Steve Schuller sold 5,000 shares at ~$6.00; while not large in dollar terms, insider sales can be perceived negatively in a weak sentiment environment. Read More.

Insiders Place Their Bets

In other Frontier Group news, SVP Steve Schuller sold 5,000 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $6.00, for a total transaction of $30,000.00. Following the completion of the transaction, the senior vice president owned 94,926 shares of the company’s stock, valued at $569,556. This represents a 5.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Barry Biffle sold 100,000 shares of the company’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 value of $554,000.00. Following the completion of the sale, the chief executive officer owned 731,836 shares of the company’s stock, valued at $4,054,371.44. This trade represents a 12.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 310,000 shares of company stock valued at $1,700,444 over the last 90 days. 48.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Frontier Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Federated Hermes Inc. increased its holdings in shares of Frontier Group by 4,818.5% during the 2nd quarter. Federated Hermes Inc. now owns 88,927 shares of the company’s stock worth $323,000 after buying an additional 87,119 shares during the last quarter. Victory Capital Management Inc. grew its position in Frontier Group by 9.5% in the third quarter. Victory Capital Management Inc. now owns 70,382 shares of the company’s stock worth $311,000 after acquiring an additional 6,108 shares during the period. Caxton Associates LLP acquired a new stake in Frontier Group during the second quarter worth $308,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Frontier Group during the 3rd quarter worth $248,000. Finally, Legal & General Group Plc grew its holdings in shares of Frontier Group by 131.5% during the 3rd quarter. Legal & General Group Plc now owns 52,404 shares of the company’s stock worth $231,000 after purchasing an additional 29,765 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.