Frontier Group (NASDAQ:ULCC) Shares Up 12.7% – Still a Buy?

Frontier Group Holdings, Inc. (NASDAQ:ULCC)’s stock price shot up 12.7% during trading on Friday . The company traded as high as $3.72 and last traded at $4.0920. 947,440 shares traded hands during trading, a decline of 79% from the average session volume of 4,499,176 shares. The stock had previously closed at $3.63.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ULCC. Barclays reiterated an “underweight” rating and set a $4.00 price target (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Citigroup lowered their price target on shares of Frontier Group from $5.00 to $3.50 and set a “neutral” rating for the company in a report on Friday, March 20th. Bank of America reiterated an “underperform” rating and set a $4.00 price target (down from $5.00) on shares of Frontier Group in a report on Tuesday, January 6th. Susquehanna upped their price target on shares of Frontier Group from $4.00 to $5.00 and gave the company a “neutral” rating in a report on Friday, January 9th. Finally, UBS Group lowered their price target on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, March 16th. Five investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $4.93.

Frontier Group Stock Performance

The company has a 50-day simple moving average of $3.84 and a two-hundred day simple moving average of $4.43. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.41 and a current ratio of 0.46. The firm has a market capitalization of $918.93 million, a P/E ratio of -6.56 and a beta of 2.41.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.13. The business had revenue of $997.00 million for the quarter, compared to analysts’ expectations of $971.35 million. Frontier Group had a negative return on equity of 27.39% and a negative net margin of 3.68%.The business’s revenue was down .5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.23 EPS. 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. As a group, equities analysts forecast that Frontier Group Holdings, Inc. will post -1.39 EPS for the current year.

Insiders Place Their Bets

In other Frontier Group news, SVP Steve Schuller sold 5,000 shares of Frontier Group stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $6.00, for a total transaction of $30,000.00. Following the sale, the senior vice president directly owned 94,926 shares of the company’s stock, valued at approximately $569,556. The trade was a 5.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 48.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. U S Global Investors Inc. increased its stake in shares of Frontier Group by 63.9% in the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after acquiring an additional 2,643,448 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Frontier Group by 5.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company’s stock worth $17,860,000 after acquiring an additional 209,154 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Frontier Group by 39.2% in the 3rd quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock worth $13,366,000 after acquiring an additional 852,798 shares in the last quarter. Citigroup Inc. increased its stake in shares of Frontier Group by 14.1% in the 3rd quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock worth $12,472,000 after acquiring an additional 348,739 shares in the last quarter. Finally, Balyasny Asset Management L.P. increased its stake in shares of Frontier Group by 48.4% in the 3rd quarter. Balyasny Asset Management L.P. now owns 2,202,219 shares of the company’s stock worth $9,723,000 after acquiring an additional 718,147 shares in the last quarter.

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.