Frontier Group (NASDAQ:ULCC) Price Target Raised to $7.00

Frontier Group (NASDAQ:ULCC) had its price objective lifted by stock analysts at Susquehanna from $4.50 to $7.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Susquehanna’s target price would indicate a potential downside of 10.37% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Frontier Group in a research note on Tuesday, May 19th. UBS Group upped their price objective on Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, June 23rd. Wall Street Zen raised Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st. Barclays boosted their target price on Frontier Group from $4.00 to $7.00 and gave the company an “underweight” rating in a report on Thursday, June 25th. Finally, Citigroup upped their price target on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. Five research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $6.86.

Frontier Group Stock Performance

Shares of ULCC opened at $7.81 on Tuesday. 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 firm has a market cap of $1.79 billion, a PE ratio of -4.88 and a beta of 2.56. The company’s 50 day simple moving average is $5.83 and its 200-day simple moving average is $4.97. Frontier Group has a 12-month low of $3.02 and a 12-month high of $8.40.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings results on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.07. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. Frontier Group’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.19) EPS. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, equities analysts predict that Frontier Group will post -0.97 EPS for the current year.

Insiders Place Their Bets

In other Frontier Group news, SVP Steve Schuller sold 10,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $6.00, for a total value of $60,000.00. Following the completion of the transaction, the senior vice president owned 97,175 shares in the company, valued at approximately $583,050. This represents a 9.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Trevor J. Stedke sold 83,110 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $5.41, for a total value of $449,625.10. Following the completion of the sale, the vice president directly owned 167,277 shares of the company’s stock, valued at approximately $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. Over the last ninety days, insiders sold 111,670 shares of company stock worth $603,756. Insiders own 48.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its position in shares of Frontier Group by 46.0% during the 1st quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock valued at $81,000 after acquiring an additional 5,913 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Frontier Group by 33.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,456 shares of the company’s stock worth $4,398,000 after acquiring an additional 251,509 shares during the period. Rhumbline Advisers increased its stake in Frontier Group by 7.1% in the 2nd quarter. Rhumbline Advisers now owns 117,984 shares of the company’s stock valued at $428,000 after purchasing an additional 7,791 shares in the last quarter. Invesco Ltd. increased its stake in Frontier Group by 35.1% in the 2nd quarter. Invesco Ltd. now owns 108,806 shares of the company’s stock valued at $395,000 after purchasing an additional 28,256 shares in the last quarter. Finally, First Trust Advisors LP acquired a new position in Frontier Group during the second quarter worth $477,000.

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.