Frontier Group Holdings, Inc. (NASDAQ:ULCC) Given Average Recommendation of “Reduce” by Analysts

Frontier Group Holdings, Inc. (NASDAQ:ULCC) has been assigned an average recommendation of “Reduce” from the eight analysts that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell rating and five have given a hold rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $5.0714.

ULCC has been the subject of a number of research analyst reports. Citigroup upped their price objective on shares of Frontier Group from $4.90 to $5.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft cut shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a research report on Tuesday, February 10th. 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 report on Wednesday, May 6th. Wall Street Zen raised shares of Frontier Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a research note on Tuesday, May 19th.

Insiders Place Their Bets

In related news, VP Trevor J. Stedke sold 83,110 shares of Frontier Group stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $5.41, for a total value of $449,625.10. Following the transaction, the vice president directly owned 167,277 shares in the company, valued at $904,968.57. This trade represents a 33.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Josh A. Wetzel sold 13,500 shares of Frontier Group stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $4.75, for a total transaction of $64,125.00. Following the completion of the transaction, the chief accounting officer owned 12,061 shares in the company, valued at approximately $57,289.75. This trade represents a 52.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 48.00% of the company’s stock.

Institutional Investors Weigh In On Frontier Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC boosted its position in shares of Frontier Group by 4.5% in the 4th quarter. SG Americas Securities LLC now owns 115,962 shares of the company’s stock worth $546,000 after buying an additional 4,995 shares in the last quarter. Straightline Group LLC raised its stake in Frontier Group by 9.5% in the 4th quarter. Straightline Group LLC now owns 60,586 shares of the company’s stock valued at $285,000 after purchasing an additional 5,232 shares during the last quarter. AQR Capital Management LLC raised its stake in Frontier Group by 46.0% in the 1st quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock valued at $81,000 after purchasing an additional 5,913 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Frontier Group in the 3rd quarter valued at about $27,000. Finally, Victory Capital Management Inc. increased its stake in shares of Frontier Group by 9.5% during the 3rd quarter. Victory Capital Management Inc. now owns 70,382 shares of the company’s stock valued at $311,000 after acquiring an additional 6,108 shares during the last quarter.

Frontier Group Stock Up 7.3%

Shares of Frontier Group stock opened at $5.31 on Wednesday. The firm’s 50 day moving average price is $4.08 and its 200-day moving average price is $4.52. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75. Frontier Group has a 52-week low of $3.02 and a 52-week high of $6.66. The company has a market cap of $1.22 billion, a P/E ratio of -3.32 and a beta of 2.41.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.07. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the prior year, the firm earned ($0.19) EPS. The business’s revenue for the quarter was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, sell-side analysts predict that Frontier Group will post -1.12 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.