Frontier Group (NASDAQ:ULCC) Trading Up 12.7% – What’s Next?

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) shot up 12.7% during mid-day trading on Friday . The stock traded as high as $3.72 and last traded at $4.0920. 947,440 shares were traded during trading, a decline of 79% from the average session volume of 4,499,176 shares. The stock had previously closed at $3.63.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ULCC. Wall Street Zen downgraded shares of Frontier Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, April 11th. Bank of America restated an “underperform” rating and issued a $4.00 price objective (down from $5.00) on shares of Frontier Group in a research report on Tuesday, January 6th. Barclays restated an “underweight” rating and issued a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft downgraded shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a research report on Tuesday, February 10th. Finally, Citigroup reduced their price objective on shares of Frontier Group from $5.00 to $3.50 and set a “neutral” rating for the company in a research report on Friday, March 20th. Five research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Frontier Group has a consensus rating of “Reduce” and an average price target of $4.93.

Frontier Group Stock Performance

The stock’s 50-day moving average price is $3.84 and its 200-day moving average price is $4.43. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.41 and a current ratio of 0.46. The company has a market capitalization of $926.73 million, a price-to-earnings ratio of -6.63 and a beta of 2.57.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.13. Frontier Group had a negative net margin of 3.68% and a negative return on equity of 27.39%. The company had revenue of $997.00 million during the quarter, compared to the consensus estimate of $971.35 million. During the same period last year, the firm earned $0.23 EPS. 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. As a group, equities research analysts expect that Frontier Group Holdings, Inc. will post -1.39 earnings per share for the current year.

Insider Activity

In other news, SVP Steve Schuller sold 5,000 shares of Frontier Group stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $6.00, for a total transaction of $30,000.00. Following the completion of the sale, the senior vice president directly owned 94,926 shares in the company, valued at approximately $569,556. This trade represents a 5.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 48.00% of the company’s stock.

Institutional Investors Weigh In On Frontier Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its position in shares of Frontier Group by 5.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company’s stock worth $17,860,000 after purchasing an additional 209,154 shares during the last quarter. Bank of America Corp DE raised its position in shares of Frontier Group by 39.2% during the 3rd quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock worth $13,366,000 after purchasing an additional 852,798 shares during the last quarter. Citigroup Inc. raised its position in shares of Frontier Group by 14.1% during 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 during the last quarter. Balyasny Asset Management L.P. raised its position in shares of 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 worth $9,723,000 after purchasing an additional 718,147 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of 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.