Frontier Group (NASDAQ:ULCC) Stock Price Expected to Rise, Citigroup Analyst Says

Frontier Group (NASDAQ:ULCC) had its target price hoisted by equities researchers at Citigroup from $4.90 to $5.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price objective indicates a potential upside of 3.35% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on ULCC. UBS Group reduced their price objective on Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, March 16th. Deutsche Bank Aktiengesellschaft cut Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a report on Tuesday, February 10th. Wall Street Zen raised Frontier Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. Barclays restated an “underweight” rating and issued a $4.00 price target (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Finally, Susquehanna increased their target price on shares of Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Five analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Frontier Group has an average rating of “Reduce” and a consensus price target of $5.07.

Frontier Group Price Performance

ULCC stock traded up $0.12 during trading on Thursday, hitting $4.84. 3,745,145 shares of the company’s stock traded hands, compared to its average volume of 4,917,008. Frontier Group has a 52 week low of $3.02 and a 52 week high of $6.66. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.44 and a current ratio of 0.49. The business has a fifty day simple moving average of $3.87 and a 200 day simple moving average of $4.46. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of -3.03 and a beta of 2.41.

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

Insider Activity

In related news, VP Trevor J. Stedke sold 83,110 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $5.41, for a total transaction of $449,625.10. Following the completion of the sale, the vice president directly owned 167,277 shares of the company’s stock, valued at approximately $904,968.57. This trade represents a 33.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 48.00% of the company’s stock.

Institutional Trading of Frontier Group

A number of hedge funds and other institutional investors have recently bought and sold shares of ULCC. First Trust Advisors LP boosted its stake in shares of Frontier Group by 65.7% during the first quarter. First Trust Advisors LP now owns 1,179,019 shares of the company’s stock valued at $4,162,000 after purchasing an additional 467,638 shares during the period. Atlas Wealth LLC purchased a new position in Frontier Group in the 1st quarter worth about $33,000. U S Global Investors Inc. lifted its holdings in Frontier Group by 63.9% during the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock valued at $23,938,000 after buying an additional 2,643,448 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in Frontier Group in the 1st quarter valued at about $368,000. Finally, Y Intercept Hong Kong Ltd bought a new position in Frontier Group in the 1st quarter worth about $60,000.

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.