Frontier Group Holdings, Inc. (NASDAQ:ULCC) Stock Has Average Target Price of $6.29 According to Analysts

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) have received an average recommendation of “Reduce” from the nine ratings firms that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating and six have issued a hold rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $6.29.

Several research firms recently issued reports on ULCC. Barclays cut their price objective on shares of Frontier Group from $7.00 to $5.00 and set an “underweight” rating for the company in a research report on Friday, September 11th. Weiss Ratings lowered Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, July 30th. UBS Group cut their target price on Frontier Group from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, September 24th. Zacks Research cut Frontier Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Finally, Citigroup lifted their price objective on shares of Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, June 26th.

Frontier Group Trading Down 2.3%

Shares of ULCC stock opened at $4.61 on Friday. The stock’s fifty day moving average is $5.87 and its two-hundred day moving average is $5.78. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.54 and a current ratio of 0.58. The firm has a market capitalization of $1.06 billion, a P/E ratio of -2.74 and a beta of 2.64. Frontier Group has a fifty-two week low of $3.02 and a fifty-two week high of $8.40.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.37. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the prior year, the company earned ($0.31) EPS. Frontier Group’s revenue was up 37.7% compared to the same quarter last year. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. Research analysts expect that Frontier Group will post -0.47 earnings per share for the current fiscal year.

Insider Transactions at Frontier Group

In other news, EVP Howard Diamond sold 24,195 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $8.25, for a total value of $199,608.75. Following the transaction, the executive vice president owned 133,126 shares in the company, valued at approximately $1,098,289.50. This represents a 15.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Trevor J. Stedke sold 167,277 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.03, for a total transaction of $1,343,234.31. The disclosure for this sale is available in the SEC filing. Insiders have sold 349,662 shares of company stock valued at $2,786,452 over the last quarter. Insiders own 48.00% of the company’s stock.

Institutional Trading of Frontier Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new position in Frontier Group during the second quarter worth approximately $28,000. Allworth Financial LP purchased a new position in Frontier Group in the 2nd quarter valued at $43,000. Legal & General Group Plc acquired a new position in shares of Frontier Group during the second quarter worth about $46,000. Atlas Wealth LLC purchased a new position in shares of Frontier Group during the 1st quarter worth approximately $33,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in Frontier Group in the second quarter valued at $116,000.

Frontier Group Company Profile

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. Frontier Airlines operates a low-fare business model that separates base airfare from optional services, allowing customers to pay for add-ons such as checked baggage, seat selection, priority services and other travel options.

Frontier Airlines serves a broad network of destinations across the United States, as well as selected locations in Mexico, the Caribbean and Central America.