Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC – Get Free Report) have been given an average recommendation of “Reduce” by the eight ratings firms that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating and five have given a hold rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $4.9286.
Several research firms have weighed in on ULCC. Barclays restated an “underweight” rating and set a $4.00 price objective (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of Frontier Group in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft downgraded shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective on the stock. in a report on Tuesday, February 10th. Wall Street Zen downgraded shares of Frontier Group from a “sell” rating to a “strong sell” rating in a report on Saturday, April 11th. Finally, Susquehanna upped their price objective on shares of Frontier Group from $4.00 to $5.00 and gave the stock a “neutral” rating in a report on Friday, January 9th.
Get Our Latest Stock Report on Frontier Group
Frontier Group Stock Up 2.6%
Frontier Group (NASDAQ:ULCC – Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.13. Frontier Group had a negative net margin of 3.68% and a negative return on equity of 27.39%. The firm had revenue of $997.00 million for the quarter, compared to the consensus estimate of $971.35 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The business’s revenue was down .5% on a year-over-year basis. Frontier Group has set its FY 2026 guidance at -0.400-0.500 EPS and its Q1 2026 guidance at -0.440–0.260 EPS. As a group, sell-side analysts forecast that Frontier Group will post -1.39 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Frontier Group news, SVP Steve Schuller sold 5,000 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $6.00, for a total transaction of $30,000.00. Following the transaction, the senior vice president owned 94,926 shares in the company, valued at approximately $569,556. This represents a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 48.00% of the company’s stock.
Institutional Trading of Frontier Group
Several institutional investors and hedge funds have recently made changes to their positions in ULCC. AQR Capital Management LLC raised its holdings in shares of Frontier Group by 46.0% in the first quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock valued at $81,000 after purchasing an additional 5,913 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Frontier Group by 33.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,013,456 shares of the company’s stock valued at $4,398,000 after purchasing an additional 251,509 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Frontier Group by 7.1% in the second quarter. Rhumbline Advisers now owns 117,984 shares of the company’s stock valued at $428,000 after purchasing an additional 7,791 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Frontier Group by 35.1% in the second quarter. Invesco Ltd. now owns 108,806 shares of the company’s stock valued at $395,000 after purchasing an additional 28,256 shares during the last quarter. Finally, First Trust Advisors LP purchased a new stake in shares of Frontier Group in the second quarter valued at about $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.
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