Analysts Set Frontier Group Holdings, Inc. (NASDAQ:ULCC) PT at $5.07

Frontier Group Holdings, Inc. (NASDAQ:ULCC) has received an average rating of “Reduce” from the eight brokerages that are presently covering the company, Marketbeat 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 twelve-month target price among brokers that have issued ratings on the stock in the last year is $5.0714.

A number of research firms have issued reports 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. Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a research note on Tuesday, May 19th. Wall Street Zen cut Frontier Group from a “hold” rating to a “sell” rating in a research note on Saturday. Susquehanna boosted their price objective on Frontier Group from $3.40 to $4.50 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Finally, Barclays reissued an “underweight” rating and set a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research note on Monday, March 2nd.

Frontier Group Stock Performance

NASDAQ:ULCC opened at $6.51 on Friday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.49 and a quick ratio of 0.44. Frontier Group has a 1 year low of $3.02 and a 1 year high of $7.11. The stock’s 50 day simple moving average is $4.85 and its two-hundred day simple moving average is $4.74. The company has a market cap of $1.50 billion, a price-to-earnings ratio of -4.07 and a beta of 2.60.

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

Insider Buying and Selling

In other Frontier Group news, VP Trevor J. Stedke sold 83,110 shares of the business’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 sale, the vice president directly owned 167,277 shares of the company’s stock, valued at $904,968.57. The trade was a 33.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Josh A. Wetzel sold 13,500 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $4.75, for a total value of $64,125.00. Following the sale, the chief accounting officer directly owned 12,061 shares in the company, valued at $57,289.75. The trade was a 52.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 111,670 shares of company stock valued at $603,756. Insiders own 48.00% of the company’s stock.

Institutional Investors Weigh In On Frontier Group

Large investors have recently added to or reduced their stakes in the stock. Citigroup Inc. grew its stake in shares of Frontier Group by 14.1% during the third quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock valued at $12,472,000 after buying an additional 348,739 shares during the last quarter. Quantbot Technologies LP grew its stake in shares of Frontier Group by 660.9% during the third quarter. Quantbot Technologies LP now owns 448,662 shares of the company’s stock valued at $1,981,000 after buying an additional 389,696 shares during the last quarter. GSA Capital Partners LLP grew its stake 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 valued at $1,499,000 after buying an additional 303,322 shares during the last quarter. Wolf Hill Capital Management LP bought a new position in shares of Frontier Group during the third quarter valued at approximately $2,519,000. Finally, Mountaineer Partners Management LLC bought a new position in shares of Frontier Group during the fourth quarter valued at approximately $4,490,000.

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.