UBS Group Issues Positive Forecast for Frontier Group (NASDAQ:ULCC) Stock Price

Frontier Group (NASDAQ:ULCC) had its price objective raised by UBS Group from $3.50 to $5.00 in a research report report published on Friday morning, Marketbeat reports. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts have also recently weighed in on ULCC. Bank of America decreased their price target on Frontier Group from $4.75 to $4.00 and set a “neutral” rating for the company in a research note on Tuesday, July 1st. Seaport Res Ptn raised Frontier Group to a “hold” rating in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft raised Frontier Group from a “hold” rating to a “buy” rating and increased their price target for the company from $4.00 to $8.00 in a research note on Tuesday, September 2nd. Two research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Frontier Group has an average rating of “Hold” and an average target price of $6.00.

Frontier Group Price Performance

Shares of ULCC opened at $4.90 on Friday. Frontier Group has a 12-month low of $2.89 and a 12-month high of $10.26. The business has a 50-day simple moving average of $4.66 and a two-hundred day simple moving average of $4.22. The company has a quick ratio of 0.36, a current ratio of 0.41 and a debt-to-equity ratio of 0.53. The stock has a market cap of $1.12 billion, a PE ratio of -30.63 and a beta of 2.63.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings results on Tuesday, August 5th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.03). The company had revenue of $929.00 million during the quarter, compared to analyst estimates of $951.92 million. Frontier Group had a negative net margin of 0.87% and a negative return on equity of 12.56%. The company’s quarterly revenue was down 4.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 EPS. Frontier Group has set its Q3 2025 guidance at -0.420–0.260 EPS. Analysts anticipate that Frontier Group will post 0.91 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Squarepoint Ops LLC increased its position in shares of Frontier Group by 103.1% during the second quarter. Squarepoint Ops LLC now owns 257,207 shares of the company’s stock valued at $934,000 after acquiring an additional 130,571 shares during the last quarter. State of Wyoming increased its position in Frontier Group by 542.4% in the second quarter. State of Wyoming now owns 144,403 shares of the company’s stock worth $524,000 after buying an additional 121,926 shares during the last quarter. Caxton Associates LLP purchased a new stake in Frontier Group in the second quarter worth $308,000. SkyView Investment Advisors LLC increased its position in Frontier Group by 3.4% in the second quarter. SkyView Investment Advisors LLC now owns 556,259 shares of the company’s stock worth $2,009,000 after buying an additional 18,544 shares during the last quarter. Finally, Voleon Capital Management LP increased its position in Frontier Group by 439.4% in the second quarter. Voleon Capital Management LP now owns 208,713 shares of the company’s stock worth $758,000 after buying an additional 170,021 shares during the last quarter.

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.