Frontier Group (NASDAQ:ULCC) Shares Down 7.2% – Should You Sell?

Frontier Group Holdings, Inc. (NASDAQ:ULCC)’s share price traded down 7.2% during trading on Tuesday . The stock traded as low as $4.28 and last traded at $4.2950. 1,486,806 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 4,883,494 shares. The stock had previously closed at $4.63.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Citigroup upped their target price on shares of Frontier Group from $4.90 to $5.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a report on Tuesday. Deutsche Bank Aktiengesellschaft downgraded Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 target price on the stock. in a report on Tuesday, February 10th. Barclays reissued an “underweight” rating and issued a $4.00 target price (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Finally, UBS Group lowered their target price on Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, March 16th. Five investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $5.07.

Frontier Group Price Performance

The firm has a 50 day moving average of $3.96 and a 200-day moving average of $4.49. The company has a market cap of $1.12 billion, a P/E ratio of -3.05 and a beta of 2.41. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 1.75.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings results 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. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.04 billion. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. Frontier Group’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.19) EPS. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, equities research analysts predict that Frontier Group Holdings, Inc. will post -1.12 EPS for the current year.

Insider Buying and Selling

In other news, 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 sale, the chief accounting officer directly owned 12,061 shares in the company, valued at $57,289.75. The trade was a 52.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Trevor J. Stedke sold 83,110 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $5.41, for a total value of $449,625.10. Following the transaction, the vice president directly owned 167,277 shares in the company, valued at approximately $904,968.57. This represents a 33.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 48.00% of the company’s stock.

Hedge Funds Weigh In On Frontier Group

Hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new position in Frontier Group during the 3rd quarter valued at about $27,000. Quarry LP bought a new position in shares of Frontier Group during the fourth quarter valued at approximately $34,000. Atlas Wealth LLC bought a new position in shares of Frontier Group during the first quarter valued at approximately $33,000. Brooklyn Investment Group boosted its position in Frontier Group by 490.7% during the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after purchasing an additional 9,078 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Frontier Group in the third quarter valued at approximately $49,000.

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.