Frontier Group (NASDAQ:ULCC) Shares Gap Up – Here’s Why

Frontier Group Holdings, Inc. (NASDAQ:ULCC) gapped up prior to trading on Tuesday . The stock had previously closed at $3.24, but opened at $3.37. Frontier Group shares last traded at $3.3250, with a volume of 2,607,818 shares trading hands.

Wall Street Analysts Forecast Growth

ULCC has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft cut Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 target price on the stock. in a research report on Tuesday, February 10th. Bank of America restated an “underperform” rating and set a $4.00 price objective (down from $5.00) on shares of Frontier Group in a research note on Tuesday, January 6th. Barclays reaffirmed 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 reiterated a “sell (d-)” rating on shares of Frontier Group in a report on Monday, December 29th. Finally, UBS Group dropped their price target on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday. Six investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $5.13.

Frontier Group Stock Up 3.2%

The company has a 50 day moving average of $4.85 and a 200-day moving average of $4.70. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.46 and a quick ratio of 0.41. The company has a market cap of $768.05 million, a P/E ratio of -5.48, a price-to-earnings-growth ratio of 0.59 and a beta of 2.54.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.13. Frontier Group had a negative return on equity of 27.39% and a negative net margin of 3.68%.The business had revenue of $997.00 million for the quarter, compared to the consensus estimate of $971.35 million. During the same quarter last year, the business posted $0.23 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts predict that Frontier Group Holdings, Inc. will post 0.91 earnings per share for the current 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 that occurred on Friday, February 6th. The stock was sold at an average price of $6.00, for a total value of $30,000.00. Following the completion of the sale, the senior vice president owned 94,926 shares of the company’s stock, valued at $569,556. This represents a 5.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 48.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Frontier Group

A number of institutional investors have recently made changes to their positions in ULCC. Balyasny Asset Management L.P. bought a new position in shares of Frontier Group during the 2nd quarter valued at $5,387,000. Jump Financial LLC bought a new stake in Frontier Group in the second quarter worth $4,190,000. Mountaineer Partners Management LLC purchased a new stake in Frontier Group during the fourth quarter valued at about $4,490,000. Bank of America Corp DE grew its stake in shares of Frontier Group by 39.2% during 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 buying an additional 852,798 shares during the last quarter. Finally, HRT Financial LP increased its holdings in shares of Frontier Group by 932.1% in the fourth quarter. HRT Financial LP now owns 817,425 shares of the company’s stock worth $3,850,000 after buying an additional 738,228 shares during the period.

About Frontier Group

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.