Frontier Group Holdings, Inc. (NASDAQ:ULCC) Receives Consensus Recommendation of “Reduce” from Brokerages

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCCGet Free Report) have received a consensus recommendation of “Reduce” from the nine brokerages that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $6.1250.

Several research analysts recently commented on ULCC shares. Morgan Stanley cut their price target on shares of Frontier Group from $9.00 to $8.00 and set an “equal weight” rating on the stock in a report on Monday, December 8th. UBS Group reissued a “neutral” rating and issued a $6.00 price objective (up previously from $4.00) on shares of Frontier Group in a research report on Friday, December 12th. Bank of America reissued an “underperform” rating and issued a $4.00 target price (down previously from $5.00) on shares of Frontier Group in a research note on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft lowered shares of 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. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Frontier Group in a report on Monday, December 29th.

Get Our Latest Research Report on ULCC

Insider Transactions at Frontier Group

In other news, SVP Steve Schuller sold 5,000 shares of the business’s stock in a transaction 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 transaction, the senior vice president directly owned 94,926 shares of the company’s stock, valued at approximately $569,556. The trade was a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Barry Biffle sold 82,627 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $5.78, for a total transaction of $477,584.06. Following the completion of the transaction, the chief executive officer owned 631,836 shares of the company’s stock, valued at $3,652,012.08. This trade represents a 11.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 310,000 shares of company stock valued at $1,700,444. Insiders own 48.00% of the company’s stock.

Hedge Funds Weigh In On Frontier Group

A number of institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in shares of Frontier Group by 5.5% during the third quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company’s stock worth $17,860,000 after acquiring an additional 209,154 shares during the last quarter. Bank of America Corp DE grew its position in shares of Frontier Group by 39.2% during the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock worth $13,366,000 after buying an additional 852,798 shares in the last quarter. Citigroup Inc. raised its holdings in Frontier Group by 14.1% in the third quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock valued at $12,472,000 after acquiring an additional 348,739 shares in the last quarter. Balyasny Asset Management L.P. boosted its stake in 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 valued at $9,723,000 after acquiring an additional 718,147 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in 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 acquiring an additional 8,946 shares in the last quarter.

Frontier Group Trading Up 2.1%

Shares of ULCC opened at $5.35 on Monday. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $1.22 billion, a P/E ratio of -8.77, a price-to-earnings-growth ratio of 0.58 and a beta of 2.55. The stock’s fifty day simple moving average is $5.19 and its 200 day simple moving average is $4.69. Frontier Group has a twelve month low of $2.89 and a twelve month high of $9.44.

Frontier Group (NASDAQ:ULCCGet Free Report) 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. The firm had revenue of $997.00 million during the quarter, compared to the consensus estimate of $971.35 million. Frontier Group had a negative return on equity of 27.22% and a negative net margin of 3.68%.The firm’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.23 earnings per share. 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. On average, equities research analysts forecast that Frontier Group will post 0.91 earnings per share for the current year.

Frontier Group Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Frontier Group (NASDAQ:ULCC)

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