Frontier Group (NASDAQ:ULCC) Trading Down 5.7% – What’s Next?

Frontier Group Holdings, Inc. (NASDAQ:ULCC) shares were down 5.7% during trading on Thursday . The stock traded as low as $3.46 and last traded at $3.5350. Approximately 2,200,117 shares changed hands during trading, a decline of 47% from the average daily volume of 4,113,287 shares. The stock had previously closed at $3.75.

Wall Street Analyst Weigh In

Several research firms have issued reports on ULCC. Bank of America reaffirmed an “underperform” rating and set a $4.00 price objective (down from $5.00) on shares of Frontier Group in a report on Tuesday, January 6th. Barclays restated an “underweight” rating and set a $4.00 target price (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft lowered Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price target on the stock. in a research note on Tuesday, February 10th. Citigroup lowered their price objective on Frontier Group from $5.00 to $3.50 and set a “neutral” rating for the company in a research report on Friday, March 20th. Finally, Morgan Stanley dropped their price objective on Frontier Group from $9.00 to $8.00 and set an “equal weight” rating for the company in a report on Monday, December 8th. Six 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 data from MarketBeat, Frontier Group currently has a consensus rating of “Reduce” and a consensus price target of $4.94.

Frontier Group Stock Performance

The stock has a market cap of $818.56 million, a price-to-earnings ratio of -5.84 and a beta of 2.57. The stock’s fifty day moving average is $4.46 and its 200-day moving average is $4.56. The company has a quick ratio of 0.41, a current ratio of 0.46 and a debt-to-equity ratio of 0.73.

Frontier Group (NASDAQ:ULCC) last posted its earnings results on Wednesday, February 11th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.13. The company had revenue of $997.00 million for the quarter, compared to analyst estimates of $971.35 million. Frontier Group had a negative net margin of 3.68% and a negative return on equity of 27.39%. The business’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period last year, the business posted $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, analysts forecast that Frontier Group Holdings, Inc. will post 0.91 EPS for the current year.

Insider Buying and Selling

In other Frontier Group news, SVP Steve Schuller sold 5,000 shares of Frontier Group stock in a transaction dated Friday, February 6th. The stock was 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 in the company, valued at approximately $569,556. The trade was a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 48.00% of the company’s stock.

Institutional Investors Weigh In On Frontier Group

Several large investors have recently made changes to their positions in ULCC. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Frontier Group during the third quarter worth $27,000. Ameritas Investment Partners Inc. increased its holdings in Frontier Group by 130.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,643 shares of the company’s stock worth $31,000 after purchasing an additional 4,885 shares in the last quarter. Quarry LP acquired a new stake in shares of Frontier Group in the 4th quarter valued at about $34,000. Brooklyn Investment Group lifted its holdings in shares of Frontier Group by 490.7% in 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 position in shares of Frontier Group during the third quarter worth about $49,000.

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.