Frontier Group (NASDAQ:ULCC) Price Target Cut to $3.50 by Analysts at Citigroup

Frontier Group (NASDAQ:ULCC) had its price objective dropped by research analysts at Citigroup from $5.00 to $3.50 in a report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s target price indicates a potential upside of 11.29% from the company’s current price.

A number of other analysts also recently weighed in on the company. Barclays reiterated an “underweight” rating and set a $4.00 target price (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Susquehanna boosted their price target on Frontier Group from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft downgraded shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective on the stock. in a research note on Tuesday, February 10th. Morgan Stanley dropped their target price on shares of Frontier Group from $9.00 to $8.00 and set an “equal weight” rating for the company in a research report on Monday, December 8th. Finally, UBS Group cut their price target on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a report on Monday. Six research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $4.94.

Frontier Group Stock Performance

NASDAQ:ULCC traded down $0.03 during mid-day trading on Friday, reaching $3.15. 2,154,920 shares of the company’s stock were exchanged, compared to its average volume of 3,991,863. 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 firm has a market capitalization of $722.12 million, a PE ratio of -5.12, a price-to-earnings-growth ratio of 15.52 and a beta of 2.55. Frontier Group has a one year low of $2.89 and a one year high of $6.66. The business’s fifty day simple moving average is $4.75 and its two-hundred day simple moving average is $4.67.

Frontier Group (NASDAQ:ULCC) last announced its earnings results on Wednesday, February 11th. The company reported $0.23 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $997.00 million for the quarter, compared to analyst estimates of $971.35 million. During the same quarter in the prior year, the business posted $0.23 EPS. The business’s revenue was down .5% compared to the same quarter last year. 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. Analysts anticipate that Frontier Group will post 0.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Frontier Group news, SVP Steve Schuller sold 5,000 shares of the business’s 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 sale, the senior vice president directly owned 94,926 shares of the company’s stock, valued at $569,556. The trade was a 5.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 48.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its stake in shares of Frontier Group by 237.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 20,463 shares of the company’s stock worth $96,000 after acquiring an additional 14,396 shares in the last quarter. Invesco Ltd. grew its position in Frontier Group by 29.4% in the 4th quarter. Invesco Ltd. now owns 251,047 shares of the company’s stock worth $1,182,000 after purchasing an additional 57,055 shares in the last quarter. Numerai GP LLC grew its position in Frontier Group by 530.6% in the 4th quarter. Numerai GP LLC now owns 86,544 shares of the company’s stock worth $408,000 after purchasing an additional 72,819 shares in the last quarter. Caption Management LLC increased its stake in Frontier Group by 19.8% in the 4th quarter. Caption Management LLC now owns 59,900 shares of the company’s stock valued at $282,000 after buying an additional 9,900 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its position in shares of Frontier Group by 37.5% during the 4th quarter. Russell Investments Group Ltd. now owns 191,298 shares of the company’s stock worth $901,000 after buying an additional 52,146 shares in the last quarter.

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.