Frontier Group Holdings, Inc. (NASDAQ:ULCC) Given Consensus Recommendation of “Hold” by Brokerages

Frontier Group Holdings, Inc. (NASDAQ:ULCC) has received an average recommendation of “Hold” from the ten ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $6.1250.

Several equities research analysts have issued reports on the stock. Susquehanna boosted their price objective on shares of Frontier Group from $3.00 to $4.00 and gave the company a “neutral” rating in a research report on Friday, October 3rd. Seaport Res Ptn raised shares of Frontier Group to a “hold” rating in a research note on Thursday, September 25th. UBS Group increased their price objective on Frontier Group from $3.50 to $5.00 and gave the stock a “neutral” rating in a research note on Friday, September 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Frontier Group in a research report on Wednesday, November 19th. Finally, Deutsche Bank Aktiengesellschaft raised Frontier Group from a “hold” rating to a “buy” rating and increased their price target for the stock from $4.00 to $8.00 in a research report on Tuesday, September 2nd.

Hedge Funds Weigh In On Frontier Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd purchased a new position in shares of Frontier Group in the 3rd quarter worth approximately $27,000. Ameritas Investment Partners Inc. boosted its stake in Frontier Group by 130.0% in the second quarter. Ameritas Investment Partners Inc. now owns 8,643 shares of the company’s stock valued at $31,000 after acquiring an additional 4,885 shares in the last quarter. CWM LLC grew its holdings in Frontier Group by 165.0% in the second quarter. CWM LLC now owns 10,042 shares of the company’s stock worth $36,000 after purchasing an additional 6,253 shares during the last quarter. Baron Wealth Management LLC purchased a new position in Frontier Group in the second quarter worth $37,000. Finally, MQS Management LLC acquired a new position in shares of Frontier Group during the second quarter worth $37,000.

Frontier Group Trading Up 8.0%

Shares of ULCC stock opened at $4.18 on Wednesday. The company has a market cap of $957.02 million, a PE ratio of -6.85 and a beta of 2.57. Frontier Group has a 1 year low of $2.89 and a 1 year high of $10.26. The stock’s 50 day simple moving average is $4.25 and its two-hundred day simple moving average is $4.22. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.40 and a quick ratio of 0.36.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($0.34) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.34). Frontier Group had a negative net margin of 3.65% and a negative return on equity of 25.73%. The business had revenue of $886.00 million for the quarter, compared to analysts’ expectations of $900.07 million. During the same quarter in the previous year, the business posted ($0.05) earnings per share. The business’s revenue was down 5.2% compared to the same quarter last year. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. Research analysts predict that Frontier Group will post 0.91 earnings per share for the current year.

Frontier Group Company Profile

Frontier Group Holdings, Inc, provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts.