Frontier Group (NASDAQ:ULCC) Reaches New 1-Year High – Still a Buy?

Frontier Group Holdings, Inc. (NASDAQ:ULCC)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $7.35 and last traded at $7.3750, with a volume of 356845 shares trading hands. The stock had previously closed at $7.22.

Analyst Ratings Changes

Several analysts have recently weighed in on ULCC shares. UBS Group lowered their target price on Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, March 16th. Barclays restated an “underweight” rating and set a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research note on Monday, March 2nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Frontier Group in a research note on Tuesday, May 19th. Susquehanna boosted their target price on shares of Frontier Group from $3.40 to $4.50 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen upgraded Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday. Five equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Frontier Group has a consensus rating of “Reduce” and a consensus price target of $5.07.

Frontier Group Stock Up 0.6%

The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75. The firm has a 50-day moving average price of $5.05 and a two-hundred day moving average price of $4.80. The company has a market capitalization of $1.67 billion, a P/E ratio of -4.54 and a beta of 2.60.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.07. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the company posted ($0.19) EPS. The business’s revenue was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. Equities research analysts anticipate that Frontier Group Holdings, Inc. will post -1.01 EPS for the current fiscal year.

Insider Transactions at Frontier Group

In other Frontier Group news, SVP Alexandre Clerc sold 5,060 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $5.93, for a total value of $30,005.80. Following the completion of the sale, the senior vice president owned 47,698 shares of the company’s stock, valued at approximately $282,849.14. This represents a 9.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Josh A. Wetzel sold 13,500 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $4.75, for a total value of $64,125.00. Following the completion of the sale, the chief accounting officer owned 12,061 shares in the company, valued at approximately $57,289.75. This trade represents a 52.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 111,670 shares of company stock valued at $603,756 in the last three months. Company insiders own 48.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Citigroup Inc. grew its position in Frontier Group by 14.1% in the 3rd quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock worth $12,472,000 after purchasing an additional 348,739 shares in the last quarter. GSA Capital Partners LLP grew its position in Frontier Group by 2,044.4% in the fourth quarter. GSA Capital Partners LLP now owns 318,159 shares of the company’s stock worth $1,499,000 after acquiring an additional 303,322 shares in the last quarter. Quantbot Technologies LP grew its position in Frontier Group by 660.9% during the third quarter. Quantbot Technologies LP now owns 448,662 shares of the company’s stock valued at $1,981,000 after acquiring an additional 389,696 shares during the last quarter. Wolf Hill Capital Management LP purchased a new position in shares of Frontier Group in the third quarter worth about $2,519,000. Finally, Mountaineer Partners Management LLC bought a new position in shares of Frontier Group during the fourth quarter valued at about $4,490,000.

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.