Frontier Group Holdings, Inc. (NASDAQ:ULCC) Receives Average Recommendation of “Reduce” from Brokerages

Frontier Group Holdings, Inc. (NASDAQ:ULCC) has received an average recommendation of “Reduce” from the eight ratings firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $6.8571.

A number of research analysts recently commented on ULCC shares. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st. Susquehanna upped their price objective on shares of Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Frontier Group in a report on Tuesday, May 19th. UBS Group lifted their target price on Frontier Group from $4.00 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 23rd. Finally, Citigroup boosted their target price on Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, June 26th.

Insider Buying and Selling at Frontier Group

In other Frontier Group news, CAO Josh A. Wetzel sold 13,500 shares of Frontier Group stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $4.75, for a total value of $64,125.00. Following the transaction, the chief accounting officer directly owned 12,061 shares in the company, valued at approximately $57,289.75. The trade was a 52.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Alexandre Clerc sold 5,060 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $5.93, for a total value of $30,005.80. Following the transaction, the senior vice president directly owned 47,698 shares in the company, valued at approximately $282,849.14. This represents a 9.59% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 111,670 shares of company stock valued at $603,756. 48.00% of the stock is currently owned by insiders.

Institutional Trading of Frontier Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in ULCC. Caitong International Asset Management Co. Ltd acquired a new stake in Frontier Group during the 3rd quarter worth approximately $27,000. Quarry LP purchased a new stake in shares of Frontier Group during the fourth quarter worth approximately $34,000. Atlas Wealth LLC purchased a new stake in shares of Frontier Group during the first quarter worth approximately $33,000. Brooklyn Investment Group lifted its holdings in shares of Frontier Group by 490.7% during the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock worth $48,000 after purchasing an additional 9,078 shares during the period. Finally, Numerai GP LLC acquired a new stake in shares of Frontier Group during the third quarter worth $61,000.

Frontier Group Stock Performance

Shares of ULCC opened at $7.16 on Thursday. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of -4.47 and a beta of 2.56. Frontier Group has a 52-week low of $3.02 and a 52-week high of $8.40. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75. The stock has a 50 day moving average price of $5.97 and a 200 day moving average price of $5.00.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. The firm’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same quarter last 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 predict that Frontier Group will post -0.83 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.