Analysts Set Frontier Group Holdings, Inc. (NASDAQ:ULCC) PT at $6.86

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) have been assigned an average rating of “Reduce” from the nine research firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $6.8571.

Several analysts recently weighed in on ULCC shares. Citigroup lifted their price target on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Zacks Research lowered Frontier Group from a “strong-buy” rating to a “hold” rating in a report on Thursday. Barclays increased their price objective on Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a research report on Thursday, June 25th. Susquehanna lifted their target price on Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Finally, Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st.

Insiders Place Their Bets

In other news, EVP Howard Diamond sold 24,195 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $8.25, for a total transaction of $199,608.75. Following the transaction, the executive vice president owned 133,126 shares of the company’s stock, valued at $1,098,289.50. This represents a 15.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Group Holdings – Frontier Llc sold 11,700,000 shares of the business’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $7.20, for a total value of $84,240,000.00. Following the completion of the sale, the insider directly owned 22,706,526 shares of the company’s stock, valued at $163,486,987.20. The trade was a 34.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 12,053,742 shares of company stock worth $87,051,587. Company insiders own 48.00% of the company’s stock.

Institutional Investors Weigh In On Frontier Group

A number of hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its holdings in shares of Frontier Group by 777.7% during the second quarter. California State Teachers Retirement System now owns 452,405 shares of the company’s stock valued at $3,579,000 after acquiring an additional 400,862 shares in the last quarter. AXQ Capital LP bought a new position in shares of Frontier Group in the 2nd quarter worth $470,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Frontier Group by 3.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,787 shares of the company’s stock valued at $734,000 after purchasing an additional 3,461 shares during the period. Silver Point Capital L.P. acquired a new stake in Frontier Group in the 2nd quarter valued at $12,141,850. Finally, Bank of America Corp DE bought a new stake in Frontier Group during the 2nd quarter valued at $7,337,000.

Frontier Group Price Performance

Frontier Group stock opened at $5.84 on Friday. The stock has a market cap of $1.34 billion, a P/E ratio of -3.48 and a beta of 2.59. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 2.77. Frontier Group has a twelve month low of $3.02 and a twelve month high of $8.40. The company’s 50-day moving average price is $6.79 and its two-hundred day moving average price is $5.38.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.47) by $0.37. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the business posted ($0.31) earnings per share. The business’s revenue for the quarter was up 37.7% compared to the same quarter last year. 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, analysts expect that Frontier Group will post -0.34 EPS for the current year.

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.