Frontier Group Target of Unusually High Options Trading (NASDAQ:ULCC)

Frontier Group Holdings, Inc. (NASDAQ:ULCC) saw some unusual options trading on Wednesday. Stock traders bought 5,982 call options on the stock. This is an increase of 254% compared to the typical daily volume of 1,691 call options.

Frontier Group Price Performance

Shares of ULCC opened at $5.09 on Thursday. Frontier Group has a 52 week low of $2.89 and a 52 week high of $10.26. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 0.79. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of -8.34 and a beta of 2.55. The stock has a 50 day moving average of $4.36 and a 200-day moving average of $4.35.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings results on Wednesday, November 5th. The company reported ($0.34) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.34). The business had revenue of $886.00 million for the quarter, compared to analyst estimates of $900.07 million. Frontier Group had a negative return on equity of 25.73% and a negative net margin of 3.65%.The business’s revenue was down 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.05) EPS. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. As a group, analysts forecast that Frontier Group will post 0.91 EPS for the current year.

Insider Activity

In other Frontier Group news, CEO Barry Biffle sold 100,000 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $5.54, for a total value of $554,000.00. Following the transaction, the chief executive officer owned 731,836 shares in the company, valued at $4,054,371.44. The trade was a 12.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Steve Schuller sold 5,000 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $6.00, for a total transaction of $30,000.00. Following the completion of the transaction, the senior vice president directly owned 77,312 shares of the company’s stock, valued at approximately $463,872. The trade was a 6.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 305,000 shares of company stock worth $1,670,444 over the last three months. 48.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of Frontier Group in the 3rd quarter valued at about $27,000. Ameritas Investment Partners Inc. boosted its stake in Frontier Group by 130.0% in the second quarter. Ameritas Investment Partners Inc. now owns 8,643 shares of the company’s stock valued at $31,000 after acquiring an additional 4,885 shares during the period. CWM LLC boosted its stake in Frontier Group by 165.0% in the second quarter. CWM LLC now owns 10,042 shares of the company’s stock valued at $36,000 after acquiring an additional 6,253 shares during the period. Baron Wealth Management LLC bought a new position in shares of Frontier Group during the second quarter valued at approximately $37,000. Finally, MQS Management LLC acquired a new stake in shares of Frontier Group during the 2nd quarter worth approximately $37,000.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Susquehanna boosted their price target on Frontier Group from $3.00 to $4.00 and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Seaport Res Ptn upgraded Frontier Group to a “hold” rating in a report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft upgraded Frontier Group from a “hold” rating to a “buy” rating and increased their target price for the company from $4.00 to $8.00 in a research note on Tuesday, September 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Frontier Group in a research report on Monday. Finally, Citigroup initiated coverage on shares of Frontier Group in a report on Thursday, December 4th. They issued a “neutral” rating and a $5.00 price target on the stock. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Frontier Group has a consensus rating of “Hold” and an average target price of $6.25.

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.