Frontier Group (NASDAQ:ULCC) Trading Up 7.9% – Still a Buy?

Frontier Group Holdings, Inc. (NASDAQ:ULCC) shares traded up 7.9% during mid-day trading on Tuesday . The stock traded as high as $6.40 and last traded at $6.4660. 2,887,518 shares changed hands during trading, a decline of 40% from the average session volume of 4,833,332 shares. The stock had previously closed at $5.99.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ULCC. UBS Group lowered their price objective on Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, March 16th. Susquehanna boosted their price target on shares of Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Barclays reissued an “underweight” rating and issued a $4.00 price target (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price target on the stock. in a report on Tuesday, February 10th. Five research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $5.07.

Frontier Group Stock Performance

The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 1.75. The stock has a fifty day moving average price of $4.53 and a 200-day moving average price of $4.65. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of -3.97 and a beta of 2.60.

Frontier Group (NASDAQ:ULCC) last issued its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the prior year, the firm posted ($0.19) EPS. Frontier Group’s quarterly revenue was up 16.8% compared to the same quarter last year. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, analysts anticipate that Frontier Group Holdings, Inc. will post -1.12 earnings per share for the current fiscal year.

Insider Transactions at Frontier Group

In other news, VP Trevor J. Stedke sold 83,110 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $5.41, for a total value of $449,625.10. Following the completion of the transaction, the vice president directly owned 167,277 shares of the company’s stock, valued at approximately $904,968.57. This represents a 33.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Josh A. Wetzel sold 13,500 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $4.75, for a total value of $64,125.00. Following the completion of the transaction, the chief accounting officer directly owned 12,061 shares of the company’s stock, valued at approximately $57,289.75. The trade was a 52.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 101,670 shares of company stock valued at $543,756. Corporate insiders own 48.00% of the company’s stock.

Institutional Investors Weigh In On Frontier Group

A number of large investors have recently bought and sold shares of ULCC. U S Global Investors Inc. grew its position in Frontier Group by 63.9% during the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after acquiring an additional 2,643,448 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in Frontier Group during the 2nd quarter worth approximately $5,387,000. Mountaineer Partners Management LLC bought a new stake in Frontier Group during the 4th quarter worth approximately $4,490,000. Bank of America Corp DE grew its position in 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 acquiring an additional 852,798 shares during the last quarter. Finally, HRT Financial LP grew its position in Frontier Group by 932.1% during the 4th quarter. HRT Financial LP now owns 817,425 shares of the company’s stock worth $3,850,000 after acquiring an additional 738,228 shares during 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.