Frontier Group Holdings, Inc. (NASDAQ:ULCC) Receives $5.07 Consensus PT from Brokerages

Frontier Group Holdings, Inc. (NASDAQ:ULCC) has been assigned a consensus rating of “Reduce” from the eight analysts that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating and five have issued a hold rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $5.0714.

A number of brokerages have commented on ULCC. Susquehanna upped their price target 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. Citigroup upped their price target on shares of Frontier Group from $4.90 to $5.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Wall Street Zen raised shares of Frontier Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. UBS Group dropped their price objective on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, March 16th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Frontier Group in a report on Tuesday, May 19th.

Insider Activity

In other news, VP Trevor J. Stedke sold 83,110 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $5.41, for a total transaction of $449,625.10. Following the transaction, the vice president owned 167,277 shares in the company, valued at approximately $904,968.57. This represents a 33.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Josh A. Wetzel sold 13,500 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $4.75, for a total transaction of $64,125.00. Following the transaction, the chief accounting officer owned 12,061 shares in the company, valued at $57,289.75. This represents a 52.81% decrease in their position. The disclosure for this sale is available in the SEC filing. 48.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Frontier Group

Institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd acquired a new position in shares of Frontier Group during the third quarter valued at about $27,000. Atlas Wealth LLC acquired a new position in shares of Frontier Group during the first quarter valued at about $33,000. Quarry LP acquired a new position in shares of Frontier Group during the fourth quarter valued at about $34,000. Brooklyn Investment Group raised its holdings in shares of 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 last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Frontier Group in the 3rd quarter worth about $49,000.

Frontier Group Stock Performance

Shares of ULCC opened at $4.95 on Wednesday. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 1.75. The stock has a market capitalization of $1.14 billion, a P/E ratio of -3.09 and a beta of 2.41. The firm’s fifty day simple moving average is $4.01 and its two-hundred day simple moving average is $4.50. Frontier Group has a 12 month low of $3.02 and a 12 month high of $6.66.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.07. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.19) earnings per share. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, analysts predict that Frontier Group will post -1.12 EPS for the current year.

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.