Frontier Group (NASDAQ:ULCC) Trading 9% Higher After Analyst Upgrade

Frontier Group Holdings, Inc. (NASDAQ:ULCC)’s stock price rose 9% during trading on Friday after Susquehanna raised their price target on the stock from $4.00 to $5.00. Susquehanna currently has a neutral rating on the stock. Frontier Group traded as high as $5.23 and last traded at $5.2560. Approximately 2,056,793 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 3,196,529 shares. The stock had previously closed at $4.82.

ULCC has been the topic of several other research reports. Seaport Res Ptn raised Frontier Group to a “hold” rating in a report on Thursday, September 25th. Morgan Stanley lowered their price objective on Frontier Group from $9.00 to $8.00 and set an “equal weight” rating for the company in a research report on Monday, December 8th. Citigroup initiated coverage on Frontier Group in a research report on Thursday, December 4th. They set a “neutral” rating and a $5.00 target price on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Frontier Group in a research note on Monday, December 29th. Finally, UBS Group reiterated a “neutral” rating and issued a $6.00 price target (up from $4.00) on shares of Frontier Group in a research note on Friday, December 12th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Frontier Group has an average rating of “Hold” and a consensus target price of $6.38.

Insider Activity at Frontier Group

In other news, CEO Barry Biffle sold 82,627 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $5.78, for a total transaction of $477,584.06. Following the transaction, the chief executive officer directly owned 631,836 shares in the company, valued at approximately $3,652,012.08. This trade represents a 11.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Steve Schuller sold 5,000 shares of Frontier Group stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $6.00, for a total transaction of $30,000.00. Following the completion of the transaction, the senior vice president directly owned 77,312 shares in the company, valued at $463,872. The trade was a 6.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 305,000 shares of company stock valued at $1,670,444 over the last three months. Corporate insiders own 48.00% of the company’s stock.

Trending Headlines about Frontier Group

Here are the key news stories impacting Frontier Group this week:

• Positive Sentiment: Board named James G. Dempsey as President & CEO and added him to the board — leadership change seen as a catalyst for strategy execution at the ULCC model. Frontier Group Holdings, Inc. Names James G. Dempsey as President and Chief Executive Officer
• Positive Sentiment: Company updated Q4 2025 guidance to EPS 0.200 (vs. consensus ~0.090), signaling stronger near-term profitability and giving investors a concrete earnings beat to price in. PR Newswire: Frontier Group names CEO and updates Q4 guidance
• Neutral Sentiment: Susquehanna raised its price target from $4.00 to $5.00 but kept a “neutral” rating — the target is roughly in line with the stock’s current trading level and does not signal a strong buy impetus. The Fly: ULCC price target raised by Susquehanna
• Neutral Sentiment: Analytic/industry piece examines whether lessons from Ryanair and the new CEO can salvage or scale Frontier’s ULCC model — useful context but uncertain immediate impact on the share price. MSN: The Ryanair effect — can James Dempsey save Frontier’s ULCC model?
• Negative Sentiment: Bank of America reiterated an Underperform rating for ULCC, a reminder that some major brokers remain cautious despite the management and guidance news. American Banking News: Bank of America reiterates Underperform for Frontier

Hedge Funds Weigh In On Frontier Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its holdings in Frontier Group by 33.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,013,456 shares of the company’s stock worth $4,398,000 after purchasing an additional 251,509 shares in the last quarter. American Century Companies Inc. boosted its holdings in Frontier Group by 47.7% in the 2nd quarter. American Century Companies Inc. now owns 1,145,039 shares of the company’s stock valued at $4,156,000 after purchasing an additional 370,051 shares in the last quarter. Geode Capital Management LLC increased its position in Frontier Group by 24.9% during the 2nd quarter. Geode Capital Management LLC now owns 2,060,452 shares of the company’s stock worth $7,481,000 after purchasing an additional 410,392 shares during the period. SG Americas Securities LLC raised its stake in shares of Frontier Group by 899.0% during the 2nd quarter. SG Americas Securities LLC now owns 349,194 shares of the company’s stock worth $1,268,000 after buying an additional 314,240 shares in the last quarter. Finally, Primecap Management Co. CA lifted its holdings in shares of Frontier Group by 96.8% in the 2nd quarter. Primecap Management Co. CA now owns 854,900 shares of the company’s stock valued at $3,103,000 after buying an additional 420,600 shares during the period.

Frontier Group Stock Up 10.0%

The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of -8.69 and a beta of 2.55. The firm has a fifty day moving average price of $4.59 and a 200 day moving average price of $4.48. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.36 and a current ratio of 0.40.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings results on Wednesday, November 5th. The company reported ($0.34) EPS for the quarter, meeting the consensus estimate of ($0.34). The business had revenue of $886.00 million during the quarter, compared to analyst estimates of $900.07 million. Frontier Group had a negative net margin of 3.65% and a negative return on equity of 25.73%. The company’s quarterly revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the business posted ($0.05) EPS. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. As a group, sell-side analysts expect that Frontier Group Holdings, Inc. will post 0.91 EPS for the current fiscal year.

Frontier Group Company Profile

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.