Frontier Group (NASDAQ:ULCC) Hits New 12-Month High – Should You Buy?

Frontier Group Holdings, Inc. (NASDAQ:ULCC)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $7.35 and last traded at $7.3750, with a volume of 356845 shares traded. The stock had previously closed at $7.22.

Analyst Ratings Changes

A number of research analysts recently issued reports on ULCC shares. Citigroup lifted their price target on shares of Frontier Group from $4.90 to $5.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a report on Sunday. Susquehanna raised their target price on shares of Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Barclays reiterated an “underweight” rating and set a $4.00 target price (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday, May 19th. Five equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Frontier Group presently has an average rating of “Reduce” and an average price target of $5.50.

Frontier Group Trading Up 1.5%

The company has a market cap of $1.67 billion, a P/E ratio of -4.53 and a beta of 2.60. The stock’s 50 day moving average is $5.18 and its 200-day moving average is $4.83. 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 released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.07. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates 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 was up 16.8% compared to the same quarter last year. During the same period last year, the business earned ($0.19) EPS. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. Research analysts anticipate that Frontier Group Holdings, Inc. will post -1.01 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Alexandre Clerc sold 5,060 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $5.93, for a total value of $30,005.80. Following the transaction, the senior vice president directly owned 47,698 shares of the company’s stock, valued at approximately $282,849.14. This represents a 9.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Trevor J. Stedke sold 83,110 shares of the stock in a transaction 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 sale, the vice president owned 167,277 shares in the company, valued at approximately $904,968.57. This represents a 33.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 111,670 shares of company stock worth $603,756 over the last three months. 48.00% of the stock is currently owned by insiders.

Institutional Trading of Frontier Group

A number of institutional investors and hedge funds have recently modified their holdings of ULCC. U S Global Investors Inc. increased its holdings in Frontier Group by 63.9% in the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after buying an additional 2,643,448 shares in the last quarter. Balyasny Asset Management L.P. bought a new position in Frontier Group during the 2nd quarter valued at about $5,387,000. Mountaineer Partners Management LLC purchased a new stake in shares of Frontier Group during the 4th quarter valued at about $4,490,000. Bank of America Corp DE boosted its holdings in shares of 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 valued at $13,366,000 after acquiring an additional 852,798 shares during the last quarter. Finally, HRT Financial LP grew its stake in shares of Frontier Group by 932.1% in the fourth 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 period.

Frontier Group Company Profile

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.