Frontier Group (NASDAQ:ULCC) Shares Down 6.6% – Should You Sell?

Frontier Group Holdings, Inc. (NASDAQ:ULCC)’s share price was down 6.6% during mid-day trading on Thursday . The company traded as low as $5.61 and last traded at $5.5550. Approximately 322,405 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 4,696,183 shares. The stock had previously closed at $5.95.

Analyst Upgrades and Downgrades

ULCC has been the subject of several recent analyst reports. UBS Group boosted their price objective on shares of Frontier Group from $4.00 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 23rd. Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Citigroup lifted their price target on shares of Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Susquehanna upped their price target on Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. Finally, Barclays increased their price objective on Frontier Group from $4.00 to $7.00 and gave the company an “underweight” rating in a report on Thursday, June 25th. Five investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $6.86.

Frontier Group Price Performance

The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75. The firm has a market cap of $1.34 billion, a PE ratio of -3.63 and a beta of 2.56. The stock has a 50 day moving average price of $6.39 and a two-hundred day moving average price of $5.13.

Frontier Group (NASDAQ:ULCC) last announced 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. The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. Frontier Group’s revenue was up 16.8% on a year-over-year basis. During the same period last year, the firm posted ($0.19) EPS. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, equities analysts expect that Frontier Group Holdings, Inc. will post -0.74 earnings per share for the current year.

Insider Buying and Selling at Frontier Group

In other Frontier Group news, VP Trevor J. Stedke sold 83,110 shares of the firm’s 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 completion of the transaction, the vice president owned 167,277 shares of the company’s stock, valued at approximately $904,968.57. This trade represents a 33.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Alexandre Clerc sold 5,060 shares of Frontier Group stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $5.93, for a total transaction of $30,005.80. Following the sale, the senior vice president owned 47,698 shares of the company’s stock, valued at $282,849.14. The trade was a 9.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,811,670 shares of company stock worth $84,843,756 in the last three months. 48.00% of the stock is owned by company insiders.

Institutional Trading of Frontier Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new stake in Frontier Group during the 3rd quarter valued at about $27,000. Quarry LP purchased a new position in shares of Frontier Group in the fourth quarter worth about $34,000. Atlas Wealth LLC purchased a new position in shares of Frontier Group in the first quarter worth about $33,000. Brooklyn Investment Group lifted its holdings in shares of Frontier Group by 490.7% during the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock worth $48,000 after purchasing an additional 9,078 shares during the period. Finally, Numerai GP LLC acquired a new stake in shares of Frontier Group during the third quarter worth about $61,000.

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.