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

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ULCC shares. Barclays reissued an “underweight” rating and set a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft cut Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a research report on Tuesday, February 10th. UBS Group reduced their price objective on Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, March 16th. Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday, May 19th. Finally, Susquehanna lifted their price objective on Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Five analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Frontier Group presently has an average rating of “Reduce” and a consensus price target of $5.07.

Frontier Group Stock Up 6.1%

The business has a 50-day simple moving average of $4.53 and a two-hundred day simple moving average of $4.65. The company has a market cap of $1.46 billion, a price-to-earnings ratio of -3.97 and a beta of 2.60. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share 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 company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the firm earned ($0.19) earnings per share. The business’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, equities analysts forecast 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, SVP Alexandre Clerc sold 5,060 shares of Frontier Group stock in a transaction dated 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 in the company, valued at approximately $282,849.14. The trade was a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Josh A. Wetzel sold 13,500 shares of Frontier Group stock in a transaction dated 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 owned 12,061 shares in the company, valued at $57,289.75. The trade was a 52.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 101,670 shares of company stock worth $543,756. Company insiders own 48.00% of the company’s stock.

Hedge Funds Weigh In On Frontier Group

Institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Frontier Group in the third quarter worth about $27,000. Atlas Wealth LLC bought a new position in shares of Frontier Group in the first quarter worth about $33,000. Quarry LP bought a new position in shares of Frontier Group in the fourth quarter worth about $34,000. Brooklyn Investment Group increased its stake 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 worth $48,000 after purchasing an additional 9,078 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Frontier Group in 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.