Frontier Group (NASDAQ:ULCC) Shares Down 6.8% – What’s Next?

Frontier Group Holdings, Inc. (NASDAQ:ULCC)’s stock price fell 6.8% during trading on Monday . The company traded as low as $6.86 and last traded at $6.8750. 1,705,096 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 4,695,096 shares. The stock had previously closed at $7.38.

Analyst Ratings Changes

ULCC has been the topic of a number of recent analyst reports. Susquehanna raised their price objective on Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Citigroup lifted their target price on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Zacks Research upgraded shares of Frontier Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Weiss Ratings cut Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, July 30th. Finally, UBS Group upped their target price on shares of Frontier Group from $4.00 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $6.86.

Frontier Group Price Performance

The stock has a 50-day simple moving average of $6.83 and a 200 day simple moving average of $5.31. The stock has a market capitalization of $1.59 billion, a P/E ratio of -4.12 and a beta of 2.59. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.54 and a current ratio of 0.58.

Frontier Group (NASDAQ:ULCC) last released its earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.47) by $0.37. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.22 billion. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The firm’s quarterly revenue was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.31) earnings per share. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. On average, equities analysts forecast that Frontier Group Holdings, Inc. will post -0.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Frontier Group news, CFO Mark Christopher Mitchell sold 125,000 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $8.09, for a total value of $1,011,250.00. Following the transaction, the chief financial officer owned 53,785 shares of the company’s stock, valued at approximately $435,120.65. This represents a 69.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Howard Diamond sold 24,195 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $8.25, for a total value of $199,608.75. Following the completion of the sale, the executive vice president directly owned 133,126 shares of the company’s stock, valued at approximately $1,098,289.50. This trade represents a 15.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 12,067,242 shares of company stock worth $87,115,712 over the last 90 days. 48.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ULCC. GSA Capital Partners LLP increased its position in shares of Frontier Group by 2,044.4% during the fourth quarter. GSA Capital Partners LLP now owns 318,159 shares of the company’s stock worth $1,499,000 after acquiring an additional 303,322 shares in the last quarter. Mountaineer Partners Management LLC bought a new stake in Frontier Group in the 4th quarter valued at $4,490,000. U S Global Investors Inc. lifted its position in Frontier Group by 63.9% in 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 acquiring an additional 2,643,448 shares in the last quarter. Lazard Asset Management LLC acquired a new position in Frontier Group in the 1st quarter worth $1,651,000. Finally, First Trust Advisors LP boosted its stake in Frontier Group by 65.7% in the 1st quarter. First Trust Advisors LP now owns 1,179,019 shares of the company’s stock worth $4,162,000 after purchasing an additional 467,638 shares during the period.

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.