Frontier Group (NASDAQ:ULCC) Given New $4.00 Price Target at UBS Group

Frontier Group (NASDAQ:ULCC) had its target price cut by UBS Group from $6.00 to $4.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have a neutral rating on the stock.

Other analysts have also recently issued research reports about the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Frontier Group in a research note on Monday, December 29th. Bank of America reiterated an “underperform” rating and issued a $4.00 price target (down from $5.00) on shares of Frontier Group in a research note on Tuesday, January 6th. Citigroup assumed coverage on Frontier Group in a report on Thursday, December 4th. They set a “neutral” rating and a $5.00 price objective on the stock. Barclays restated an “underweight” rating and set a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Finally, Susquehanna upped their target price on Frontier Group from $4.00 to $5.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Six research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $5.13.

Frontier Group Stock Down 3.9%

ULCC stock opened at $3.24 on Monday. The firm has a 50-day moving average price of $4.85 and a 200-day moving average price of $4.70. Frontier Group has a 12 month low of $2.89 and a 12 month high of $6.66. The company has a current ratio of 0.46, a quick ratio of 0.41 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $743.94 million, a P/E ratio of -5.31, a price-to-earnings-growth ratio of 0.59 and a beta of 2.54.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.13. The company had revenue of $997.00 million for the quarter, compared to analyst estimates of $971.35 million. Frontier Group had a negative net margin of 3.68% and a negative return on equity of 27.39%. The firm’s revenue was down .5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.23 EPS. 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, equities research analysts anticipate that Frontier Group will post 0.91 EPS for the current fiscal year.

Insider Transactions at Frontier Group

In other Frontier Group news, SVP Steve Schuller sold 5,000 shares of Frontier Group stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $6.00, for a total transaction of $30,000.00. Following the transaction, the senior vice president directly owned 94,926 shares of the company’s stock, valued at approximately $569,556. The trade was a 5.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 48.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Frontier Group

A number of hedge funds have recently made changes to their positions in ULCC. Dimensional Fund Advisors LP lifted its stake in shares of Frontier Group by 5.5% in the third quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company’s stock worth $17,860,000 after acquiring an additional 209,154 shares during the period. Bank of America Corp DE boosted its holdings in Frontier Group by 39.2% in the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock valued at $13,366,000 after acquiring an additional 852,798 shares during the last quarter. Citigroup Inc. increased its position in Frontier Group by 14.1% during the 3rd quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock valued at $12,472,000 after purchasing an additional 348,739 shares during the period. Balyasny Asset Management L.P. increased its position in Frontier Group by 48.4% during the 3rd quarter. Balyasny Asset Management L.P. now owns 2,202,219 shares of the company’s stock valued at $9,723,000 after purchasing an additional 718,147 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Frontier Group by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 2,196,472 shares of the company’s stock worth $10,347,000 after purchasing an additional 8,946 shares during the last quarter.

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.