Frontier Group (NASDAQ:ULCC) Stock Price Target Cut by Susquehanna

Frontier Group (NASDAQ:ULCC) had its price target dropped by equities researchers at Susquehanna from $7.00 to $6.00 in a research note issued to investors on Wednesday, Marketbeat.com reports. The brokerage presently has a “neutral” rating on the stock. Susquehanna’s price target would suggest a potential upside of 1.18% from the company’s previous close.

Several other equities research analysts also recently issued reports on the stock. Barclays lowered their price objective on shares of Frontier Group from $7.00 to $5.00 and set an “underweight” rating for the company in a research report on Friday, September 11th. UBS Group reduced their target price on shares of Frontier Group from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, September 24th. Weiss Ratings cut Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, July 30th. Zacks Research downgraded Frontier Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Finally, Citigroup lifted their price target on Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Six research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $6.29.

Frontier Group Stock Down 2.3%

Shares of Frontier Group stock opened at $5.93 on Wednesday. The company has a market capitalization of $1.37 billion, a P/E ratio of -3.53 and a beta of 2.64. The company has a debt-to-equity ratio of 2.77, a current ratio of 0.58 and a quick ratio of 0.54. The business has a 50-day moving average of $6.19 and a two-hundred day moving average of $5.70. Frontier Group has a 1 year low of $3.02 and a 1 year high of $8.40.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.47) by $0.37. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the previous year, the business posted ($0.31) EPS. Frontier Group’s revenue for the quarter was up 37.7% on a year-over-year basis. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. As a group, equities analysts predict that Frontier Group will post -0.36 EPS for the current year.

Insider Activity at Frontier Group

In related news, SVP Alexandre Clerc sold 7,142 shares of Frontier Group stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $7.13, for a total transaction of $50,922.46. Following the completion of the transaction, the senior vice president owned 40,556 shares in the company, valued at approximately $289,164.28. This trade represents a 14.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Howard Diamond sold 24,195 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $8.25, for a total value of $199,608.75. Following the transaction, the executive vice president directly owned 133,126 shares in the company, valued at approximately $1,098,289.50. This trade represents a 15.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 349,662 shares of company stock worth $2,786,452 over the last ninety days. Company insiders own 48.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. U S Global Investors Inc. boosted its position in Frontier Group by 63.9% during the first quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after purchasing an additional 2,643,448 shares during the period. BlackRock Inc. acquired a new stake in shares of Frontier Group during the 2nd quarter worth about $47,205,000. Silver Point Capital L.P. bought a new stake in shares of Frontier Group during the 2nd quarter worth about $12,141,850. First Trust Advisors LP boosted its holdings in shares of Frontier Group by 65.7% during the 1st quarter. First Trust Advisors LP now owns 1,179,019 shares of the company’s stock worth $4,162,000 after buying an additional 467,638 shares during the period. Finally, Mountaineer Partners Management LLC acquired a new position in Frontier Group in the 4th quarter valued at about $4,490,000.

Frontier Group Company Profile

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. Frontier Airlines operates a low-fare business model that separates base airfare from optional services, allowing customers to pay for add-ons such as checked baggage, seat selection, priority services and other travel options.

Frontier Airlines serves a broad network of destinations across the United States, as well as selected locations in Mexico, the Caribbean and Central America.