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

Frontier Group Holdings, Inc. (NASDAQ:ULCC) has been given an average rating of “Hold” by the ten research firms that are presently covering the firm, Marketbeat reports. Nine analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $5.6111.

Several equities analysts recently commented on the company. Morgan Stanley cut their target price on Frontier Group from $10.00 to $9.00 and set an “equal weight” rating for the company in a research report on Monday, May 19th. Bank of America cut their target price on Frontier Group from $4.75 to $4.00 and set a “neutral” rating for the company in a research report on Tuesday, July 1st. Finally, UBS Group cut their price objective on Frontier Group from $4.00 to $3.50 and set a “neutral” rating for the company in a research report on Wednesday, August 6th.

Insider Activity

In other news, SVP Alexandre Clerc sold 12,000 shares of the company’s stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $3.89, for a total transaction of $46,680.00. Following the transaction, the senior vice president owned 11,912 shares of the company’s stock, valued at $46,337.68. This represents a 50.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 48.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Frontier Group

Several large investors have recently made changes to their positions in the company. State of Wyoming lifted its stake in shares of Frontier Group by 542.4% during the second quarter. State of Wyoming now owns 144,403 shares of the company’s stock valued at $524,000 after acquiring an additional 121,926 shares during the period. Caxton Associates LLP acquired a new stake in shares of Frontier Group during the second quarter worth $308,000. SkyView Investment Advisors LLC grew its stake in shares of Frontier Group by 3.4% during the second quarter. SkyView Investment Advisors LLC now owns 556,259 shares of the company’s stock worth $2,009,000 after purchasing an additional 18,544 shares during the period. Voleon Capital Management LP grew its stake in shares of Frontier Group by 439.4% during the second quarter. Voleon Capital Management LP now owns 208,713 shares of the company’s stock worth $758,000 after purchasing an additional 170,021 shares during the period. Finally, Par Capital Management Inc. grew its stake in Frontier Group by 1.2% in the second quarter. Par Capital Management Inc. now owns 2,181,100 shares of the company’s stock valued at $7,917,000 after acquiring an additional 25,000 shares during the period.

Frontier Group Price Performance

Frontier Group stock opened at $4.56 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.41 and a quick ratio of 0.36. The company has a market capitalization of $1.04 billion, a PE ratio of -28.50 and a beta of 2.62. Frontier Group has a one year low of $2.89 and a one year high of $10.26. The business has a 50 day simple moving average of $4.02 and a 200 day simple moving average of $4.71.

Frontier Group (NASDAQ:ULCC) last posted its earnings results on Tuesday, August 5th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.28) by ($0.03). The company had revenue of $929.00 million for the quarter, compared to the consensus estimate of $951.92 million. Frontier Group had a negative return on equity of 12.56% and a negative net margin of 0.87%.Frontier Group’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.14 EPS. Frontier Group has set its Q3 2025 guidance at -0.420–0.260 EPS. On average, sell-side analysts forecast that Frontier Group will post 0.91 EPS for the current fiscal year.

About Frontier Group

Frontier Group Holdings, Inc, provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts.