Frontier Group (NASDAQ:ULCC) Issues Earnings Results

Frontier Group (NASDAQ:ULCC) announced its earnings results on Tuesday. The company reported ($0.30) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.38) by $0.08, FiscalAI reports. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.04 billion. Frontier Group had a negative return on equity of 27.39% and a negative net margin of 3.68%.

Frontier Group Stock Performance

NASDAQ:ULCC opened at $4.09 on Tuesday. The firm has a market capitalization of $939.60 million, a PE ratio of -6.70 and a beta of 2.41. The business’s fifty day moving average price is $3.84 and its 200 day moving average price is $4.43. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.46 and a quick ratio of 0.41. Frontier Group has a 12 month low of $3.02 and a 12 month high of $6.66.

Key Stories Impacting Frontier Group

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

• Positive Sentiment: Industry disruption from Spirit’s shutdown creates short?term route/gate opportunities for Frontier and likely supports higher fares and market share for remaining carriers. JetBlue, Frontier shares rise as Spirit shutdown makes room for growth
• Positive Sentiment: Frontier reported Q1 2026 EPS of $0.23, beating consensus (~$0.10) and posted $997M in revenue (slightly above estimates), showing demand resilience. These beat elements are helping sentiment despite structural issues. Frontier Airlines Reports First Quarter 2026 Financial Results
• Neutral Sentiment: Citigroup raised its price target on ULCC from $3.50 to $4.90 while keeping a “neutral” rating — a modest analyst support that implies upside but not a clear buy signal. Citigroup raises ULCC price target to $4.90
• Negative Sentiment: Management issued FY?2026 guidance that implies negative EPS (?$0.40 to ?$0.50) and Q1 guidance of ?$0.44 to ?$0.26, keeping the company on a loss-making trajectory and limiting upside from the quarterly beat. Frontier Airlines Reports First Quarter 2026 Financial Results
• Negative Sentiment: Jet fuel prices have jumped (geopolitical-driven), which pressures margins for low?cost carriers; rising fuel costs could erode the benefit of new market share and raise unit costs. Jet Fuel Prices Are Soaring. Airlines and Travelers Will Feel It.

Insider Buying and Selling

In related news, SVP Steve Schuller sold 5,000 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $6.00, for a total value of $30,000.00. Following the transaction, the senior vice president owned 94,926 shares of the company’s stock, valued at $569,556. This represents a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 48.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Frontier Group

Several large investors have recently bought and sold shares of ULCC. Balyasny Asset Management L.P. purchased a new position in Frontier Group in the second quarter valued at $5,387,000. Bank of America Corp DE increased its holdings in Frontier Group by 39.2% in the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock valued at $13,366,000 after buying an additional 852,798 shares during the last quarter. HRT Financial LP increased its holdings in Frontier Group by 932.1% in the fourth quarter. HRT Financial LP now owns 817,425 shares of the company’s stock valued at $3,850,000 after buying an additional 738,228 shares during the last quarter. First Trust Advisors LP purchased a new position in Frontier Group in the fourth quarter valued at $3,351,000. Finally, Marshall Wace LLP increased its holdings in Frontier Group by 441.0% in the fourth quarter. Marshall Wace LLP now owns 853,150 shares of the company’s stock valued at $4,018,000 after buying an additional 695,449 shares during the last quarter.

Analyst Ratings Changes

Several analysts have recently issued reports on ULCC shares. Susquehanna increased their price objective on Frontier Group from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Wall Street Zen upgraded Frontier Group from a “strong sell” rating to a “sell” rating in a research note on Saturday. Citigroup increased their price objective on Frontier Group from $3.50 to $4.90 and gave the company a “neutral” rating in a research note on Monday. Barclays reiterated an “underweight” rating and issued a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research note on Monday, March 2nd. Finally, UBS Group reduced their price objective on Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, March 16th. Five equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $5.13.

About Frontier Group

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.