Barclays reissued their underweight rating on shares of Frontier Group (NASDAQ:ULCC – Free Report) in a report published on Monday, Marketbeat.com reports. The brokerage currently has a $4.00 price target on the stock, down from their prior price target of $6.00.
Other equities research analysts have also issued reports about the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Frontier Group in a research report on Monday, December 29th. Deutsche Bank Aktiengesellschaft downgraded Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective on the stock. in a report on Tuesday, February 10th. UBS Group reiterated a “neutral” rating and issued a $6.00 target price (up from $4.00) on shares of Frontier Group in a report on Friday, December 12th. Morgan Stanley cut their price target on shares of Frontier Group from $9.00 to $8.00 and set an “equal weight” rating on the stock in a report on Monday, December 8th. Finally, Citigroup assumed coverage on shares of Frontier Group in a research note on Thursday, December 4th. They issued a “neutral” rating and a $5.00 price objective for the company. Six investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $5.38.
View Our Latest Report on ULCC
Frontier Group Stock Down 1.0%
Frontier Group (NASDAQ:ULCC – Get Free Report) last issued its earnings results on Wednesday, February 11th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.13. The firm had revenue of $997.00 million during the quarter, compared to analysts’ expectations of $971.35 million. Frontier Group had a negative net margin of 3.68% and a negative return on equity of 27.39%. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period last year, the firm posted $0.23 earnings per share. 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. Equities research analysts expect that Frontier Group will post 0.91 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Frontier Group news, CEO Barry Biffle sold 82,627 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $5.78, for a total value of $477,584.06. Following the completion of the sale, the chief executive officer owned 631,836 shares of the company’s stock, valued at $3,652,012.08. The trade was a 11.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Steve Schuller sold 5,000 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $6.00, for a total value of $30,000.00. Following the transaction, the senior vice president directly owned 94,926 shares in the company, valued at approximately $569,556. This represents a 5.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 254,813 shares of company stock valued at $1,422,301 over the last quarter. 48.00% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Frontier Group
A number of large investors have recently added to or reduced their stakes in ULCC. Caitong International Asset Management Co. Ltd acquired a new position in Frontier Group during the third quarter valued at approximately $27,000. Ameritas Investment Partners Inc. boosted its holdings in shares of Frontier Group by 130.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,643 shares of the company’s stock worth $31,000 after buying an additional 4,885 shares during the period. Quarry LP acquired a new position in Frontier Group in the 4th quarter valued at $34,000. CWM LLC raised its holdings in Frontier Group by 165.0% in the 2nd quarter. CWM LLC now owns 10,042 shares of the company’s stock worth $36,000 after acquiring an additional 6,253 shares during the period. Finally, Brooklyn Investment Group raised its holdings in Frontier Group by 490.7% in the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock worth $48,000 after acquiring an additional 9,078 shares during the period.
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.
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