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

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) have received an average recommendation of “Hold” from the ten analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $6.1250.

A number of analysts have issued reports on ULCC shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Frontier Group in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Frontier Group from a “hold” rating to a “buy” rating and boosted their price target for the stock from $4.00 to $8.00 in a research note on Tuesday, September 2nd. UBS Group boosted their price target on shares of Frontier Group from $3.50 to $5.00 and gave the stock a “neutral” rating in a research note on Friday, September 26th. Seaport Res Ptn upgraded shares of Frontier Group to a “hold” rating in a research note on Thursday, September 25th. Finally, Susquehanna boosted their price target on shares of Frontier Group from $3.00 to $4.00 and gave the stock a “neutral” rating in a research note on Friday, October 3rd.

Frontier Group Stock Up 4.9%

Shares of NASDAQ ULCC opened at $3.86 on Friday. The firm has a market cap of $880.66 million, a price-to-earnings ratio of -24.13 and a beta of 2.59. The company has a quick ratio of 0.36, a current ratio of 0.41 and a debt-to-equity ratio of 0.53. Frontier Group has a 52-week low of $2.89 and a 52-week high of $10.26. The business’s 50 day moving average is $4.69 and its two-hundred day moving average is $4.14.

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

Hedge Funds Weigh In On Frontier Group

Several institutional investors have recently modified their holdings of ULCC. U S Global Investors Inc. grew its stake in shares of Frontier Group by 59.2% in the second quarter. U S Global Investors Inc. now owns 6,204,862 shares of the company’s stock worth $22,524,000 after acquiring an additional 2,306,248 shares in the last quarter. Balyasny Asset Management L.P. acquired a new position in shares of Frontier Group during the second quarter worth $5,387,000. Jump Financial LLC acquired a new position in shares of Frontier Group during the second quarter worth $4,190,000. Silver Point Capital L.P. acquired a new position in shares of Frontier Group during the first quarter worth $3,906,000. Finally, American Century Companies Inc. grew its stake in shares of Frontier Group by 1,353.6% during the first quarter. American Century Companies Inc. now owns 774,988 shares of the company’s stock worth $3,363,000 after purchasing an additional 721,674 shares in the last quarter.

About Frontier Group

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.