Frontier Group (NASDAQ:ULCC) Shares Gap Down – Here’s What Happened

Frontier Group Holdings, Inc. (NASDAQ:ULCC) shares gapped down prior to trading on Monday . The stock had previously closed at $4.44, but opened at $4.05. Frontier Group shares last traded at $4.0910, with a volume of 1,082,641 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ULCC. Susquehanna increased their price objective on Frontier Group from $4.00 to $5.00 and gave the company a “neutral” rating in a report on Friday, January 9th. Bank of America reaffirmed an “underperform” rating and set a $4.00 target price (down from $5.00) on shares of Frontier Group in a research report on Tuesday, January 6th. Barclays reissued an “underweight” rating and issued a $4.00 price target (down from $6.00) on shares of Frontier Group in a report on Monday. Morgan Stanley cut their target price on Frontier Group from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Monday, December 8th. Finally, Citigroup initiated coverage on Frontier Group in a research note on Thursday, December 4th. They issued a “neutral” rating and a $5.00 target price for the company. Six investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $5.38.

Frontier Group Stock Performance

The firm’s fifty day simple moving average is $5.10 and its 200 day simple moving average is $4.77. The company has a market capitalization of $926.48 million, a PE ratio of -6.65, a price-to-earnings-growth ratio of 0.78 and a beta of 2.54. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.46 and a quick ratio of 0.41.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings data on Wednesday, February 11th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.13. Frontier Group had a negative return on equity of 27.39% and a negative net margin of 3.68%.The business had revenue of $997.00 million during the quarter, compared to analyst estimates of $971.35 million. During the same quarter last year, the business posted $0.23 EPS. The company’s revenue was down .5% on a year-over-year basis. Frontier Group has set its FY 2026 guidance at -0.400-0.500 EPS and its Q1 2026 guidance at -0.440–0.260 EPS. On average, research analysts predict that Frontier Group Holdings, Inc. will post 0.91 EPS for the current year.

Insider Buying and Selling

In other Frontier Group news, CEO Barry Biffle sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $5.54, for a total value of $554,000.00. Following the sale, the chief executive officer owned 731,836 shares in the company, valued at approximately $4,054,371.44. This represents a 12.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Steve Schuller sold 5,000 shares of Frontier Group stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $6.00, for a total transaction of $30,000.00. Following the transaction, the senior vice president directly owned 94,926 shares of the company’s stock, valued at approximately $569,556. This trade represents a 5.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 310,000 shares of company stock valued at $1,700,444 over the last three months. 48.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Frontier Group

A number of hedge funds have recently bought and sold shares of ULCC. American Century Companies Inc. raised its stake in shares of Frontier Group by 47.7% during the 2nd quarter. American Century Companies Inc. now owns 1,145,039 shares of the company’s stock worth $4,156,000 after buying an additional 370,051 shares during the period. Geode Capital Management LLC increased its holdings in Frontier Group by 24.9% in the 2nd quarter. Geode Capital Management LLC now owns 2,060,452 shares of the company’s stock worth $7,481,000 after acquiring an additional 410,392 shares in the last quarter. Citigroup Inc. raised its position in Frontier Group by 14.1% during the third quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock worth $12,472,000 after acquiring an additional 348,739 shares during the period. SG Americas Securities LLC raised its position in Frontier Group by 899.0% during the second quarter. SG Americas Securities LLC now owns 349,194 shares of the company’s stock worth $1,268,000 after acquiring an additional 314,240 shares during the period. Finally, Primecap Management Co. CA lifted its holdings in Frontier Group by 96.8% during the second quarter. Primecap Management Co. CA now owns 854,900 shares of the company’s stock valued at $3,103,000 after purchasing an additional 420,600 shares in the last quarter.

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.