Frontier Group (NASDAQ:ULCC) Hits New 52-Week High – Here’s What Happened

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $7.35 and last traded at $7.3750, with a volume of 356845 shares. The stock had previously closed at $7.22.

Analysts Set New Price Targets

Several research firms have weighed in on ULCC. Weiss Ratings reiterated a “sell (d)” rating on shares of Frontier Group in a report on Tuesday, May 19th. Barclays reissued an “underweight” rating and issued a $4.00 target price (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a report on Sunday. Citigroup raised their target price on Frontier Group from $4.90 to $5.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Finally, UBS Group decreased their price objective on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, March 16th. Five research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $5.07.

Frontier Group Price Performance

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 cap of $1.67 billion, a PE ratio of -4.54 and a beta of 2.60. The business has a fifty day simple moving average of $5.05 and a two-hundred day simple moving average of $4.80.

Frontier Group (NASDAQ:ULCC) last posted its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.07. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.Frontier Group’s revenue was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.19) earnings per share. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. Research analysts forecast that Frontier Group Holdings, Inc. will post -1.01 earnings per share for the current year.

Insider Activity at Frontier Group

In other news, SVP Steve Schuller sold 10,000 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $6.00, for a total transaction of $60,000.00. Following the sale, the senior vice president owned 97,175 shares in the company, valued at approximately $583,050. The trade was a 9.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Trevor J. Stedke sold 83,110 shares of Frontier Group stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $5.41, for a total value 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. This trade represents a 33.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 111,670 shares of company stock valued at $603,756 over the last ninety days. Company insiders own 48.00% of the company’s stock.

Institutional Trading of Frontier Group

Institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new stake in Frontier Group in the 3rd quarter valued at about $27,000. Atlas Wealth LLC acquired a new position in Frontier Group in the first quarter valued at approximately $33,000. Quarry LP purchased a new position in Frontier Group during the 4th quarter worth approximately $34,000. Brooklyn Investment Group increased its position in Frontier Group by 490.7% in the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after acquiring an additional 9,078 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Frontier Group in the 1st quarter worth $60,000.

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.