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

Frontier Group Holdings, Inc. (NASDAQ:ULCC) has been given an average rating of “Reduce” by the eight brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $5.0714.

ULCC has been the topic of several recent analyst reports. UBS Group reduced their target price on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, March 16th. Wall Street Zen downgraded shares of Frontier Group from a “hold” rating to a “sell” rating in a research note on Saturday. Susquehanna raised their price target on shares of Frontier Group from $3.40 to $4.50 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Barclays reaffirmed an “underweight” rating and issued a $4.00 price target (down from $6.00) on shares of Frontier Group in a research note on Monday, March 2nd. Finally, Citigroup raised their price target on shares of Frontier Group from $4.90 to $5.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th.

Insider Activity at Frontier Group

In related news, SVP Steve Schuller sold 10,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $6.00, for a total value of $60,000.00. Following the transaction, the senior vice president owned 97,175 shares of the company’s stock, valued at $583,050. This trade represents a 9.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Trevor J. Stedke sold 83,110 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $5.41, for a total transaction of $449,625.10. Following the completion of the transaction, the vice president directly owned 167,277 shares in the company, valued at $904,968.57. This represents a 33.19% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 111,670 shares of company stock worth $603,756. 48.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Citigroup Inc. grew its holdings in Frontier Group by 14.1% during the 3rd quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock worth $12,472,000 after acquiring an additional 348,739 shares in the last quarter. Quantbot Technologies LP grew its holdings in Frontier Group by 660.9% during the 3rd quarter. Quantbot Technologies LP now owns 448,662 shares of the company’s stock worth $1,981,000 after acquiring an additional 389,696 shares in the last quarter. Wolf Hill Capital Management LP bought a new position in Frontier Group during the 3rd quarter worth about $2,519,000. GSA Capital Partners LLP grew its holdings in Frontier Group by 2,044.4% during the 4th quarter. GSA Capital Partners LLP now owns 318,159 shares of the company’s stock worth $1,499,000 after acquiring an additional 303,322 shares in the last quarter. Finally, AXQ Capital LP bought a new position in Frontier Group during the 3rd quarter worth about $68,000.

Frontier Group Trading Up 3.0%

Shares of ULCC opened at $6.25 on Friday. Frontier Group has a twelve month low of $3.02 and a twelve month high of $6.66. The company has a market cap of $1.44 billion, a P/E ratio of -3.91 and a beta of 2.60. 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 company’s fifty day simple moving average is $4.73 and its 200-day simple moving average is $4.71.

Frontier Group (NASDAQ:ULCC) last announced its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.07. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. 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 prior year, the firm posted ($0.19) earnings per share. The business’s revenue for the quarter was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, analysts expect that Frontier Group will post -1.12 EPS for the current 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.