Frontier Group (NASDAQ:ULCC) Raised to “Strong-Buy” at Zacks Research

Frontier Group (NASDAQ:ULCC) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. Susquehanna lifted their target price on shares of Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Wall Street Zen upgraded Frontier Group from a “sell” rating to a “hold” rating in a report on Sunday, June 21st. Barclays lifted their price objective on Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a research report on Thursday, June 25th. UBS Group boosted their price objective on Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, June 23rd. Finally, Citigroup upped their target price on Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $6.86.

Frontier Group Stock Performance

NASDAQ:ULCC opened at $6.98 on Wednesday. The company has a market capitalization of $1.60 billion, a PE ratio of -4.15 and a beta of 2.56. The company has a 50 day simple moving average of $6.54 and a two-hundred day simple moving average of $5.18. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.44 and a current ratio of 0.49. 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 issued its quarterly earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.47) by $0.37. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.22 billion. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 29.82%. The company’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.31) EPS. 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 anticipate that Frontier Group will post -0.74 earnings per share for the current year.

Insider Buying and Selling at Frontier Group

In other Frontier Group news, major shareholder Group Holdings – Frontier Llc sold 11,700,000 shares of the firm’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $7.20, for a total value of $84,240,000.00. Following the completion of the sale, the insider directly owned 22,706,526 shares in the company, valued at approximately $163,486,987.20. This trade represents a 34.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Josh A. Wetzel sold 13,500 shares of Frontier Group stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $4.75, for a total transaction of $64,125.00. Following the completion of the sale, the chief accounting officer directly owned 12,061 shares of the company’s stock, valued at approximately $57,289.75. This trade represents a 52.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 11,811,670 shares of company stock valued at $84,843,756 over the last 90 days. Insiders own 48.00% of the company’s stock.

Institutional Trading of Frontier Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd purchased a new position in Frontier Group in the third quarter worth $27,000. Atlas Wealth LLC purchased a new stake in shares of Frontier Group during the 1st quarter valued at $33,000. Quarry LP bought a new stake in shares of Frontier Group during the 4th quarter worth $34,000. Brooklyn Investment Group boosted its holdings in shares of Frontier Group by 490.7% in the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock worth $48,000 after buying an additional 9,078 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Frontier Group in the 1st quarter worth about $60,000.

Key Stories Impacting Frontier Group

Here are the key news stories impacting Frontier Group this week:

• Positive Sentiment: Q2 results significantly beat expectations. Frontier reported an adjusted loss of $0.10 per share, compared with the consensus estimate of a $0.47 loss and a $0.31 loss in the prior-year quarter. Revenue reached a record approximately $1.3 billion, up 38% year over year and ahead of the $1.22 billion analyst estimate. Frontier Airlines Q2 2026 results
• Positive Sentiment: Improved guidance supports the bullish reaction. Frontier expects a third-quarter adjusted EPS result between a $0.10 loss and $0.10 profit, better than the consensus estimate of a $0.24 loss. Fourth-quarter guidance ranges from breakeven to $0.20 per share, while the company is targeting roughly 7% capacity growth. Frontier Q4 guidance
• Positive Sentiment: Management said key operating metrics are improving as its transformation plan takes hold, providing evidence that initiatives aimed at strengthening the airline’s financial performance are beginning to work. Frontier operating metrics update
• Neutral Sentiment: The outlook is improving but not yet consistently profitable: Q3 guidance spans a loss to a profit, and Q4 guidance begins at breakeven. Analysts still expect a full-year loss.
• Negative Sentiment: Frontier continues to report negative net margins and return on equity, while its planned capacity growth could pressure fares and profitability if demand does not keep pace.

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.