Frontier Group (NASDAQ:ULCC) SVP Steve Schuller Sells 5,000 Shares

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Steve Schuller sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. 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 77,312 shares of the company’s stock, valued at approximately $463,872. The trade was a 6.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Frontier Group Price Performance

Shares of ULCC stock traded down $0.05 during trading hours on Friday, reaching $5.74. 7,265,495 shares of the company were exchanged, compared to its average volume of 3,923,058. The company has a market cap of $1.31 billion, a price-to-earnings ratio of -9.41 and a beta of 2.55. Frontier Group Holdings, Inc. has a fifty-two week low of $2.89 and a fifty-two week high of $10.26. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.40 and a quick ratio of 0.36. The stock’s fifty day moving average is $4.28 and its two-hundred day moving average is $4.31.

Frontier Group (NASDAQ:ULCC) last released its earnings results on Wednesday, November 5th. The company reported ($0.34) EPS for the quarter, hitting analysts’ consensus estimates of ($0.34). The firm had revenue of $886.00 million during the quarter, compared to analyst estimates of $900.07 million. Frontier Group had a negative net margin of 3.65% and a negative return on equity of 25.73%. The business’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.05) EPS. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. Sell-side analysts forecast that Frontier Group Holdings, Inc. will post 0.91 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Frontier Group in a research report on Monday. Susquehanna raised their price target on shares of Frontier Group from $3.00 to $4.00 and gave the stock a “neutral” rating in a research report on Friday, October 3rd. UBS Group restated a “neutral” rating and issued a $6.00 price target (up previously from $4.00) on shares of Frontier Group in a research report on Friday. Deutsche Bank Aktiengesellschaft raised Frontier Group from a “hold” rating to a “buy” rating and raised their target price for the company from $4.00 to $8.00 in a report on Tuesday, September 2nd. Finally, Seaport Res Ptn raised Frontier Group to a “hold” rating in a research report on Thursday, September 25th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Frontier Group currently has a consensus rating of “Hold” and a consensus target price of $6.25.

Hedge Funds Weigh In On Frontier Group

A number of large investors have recently added to or reduced their stakes in ULCC. Goldman Sachs Group Inc. boosted its position in Frontier Group by 33.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,456 shares of the company’s stock valued at $4,398,000 after buying an additional 251,509 shares during the period. Petrus Trust Company LTA bought a new stake in shares of Frontier Group during the first quarter valued at approximately $219,000. American Century Companies Inc. grew its position in shares of Frontier Group by 1,353.6% in the 1st quarter. American Century Companies Inc. now owns 774,988 shares of the company’s stock worth $3,363,000 after buying an additional 721,674 shares during the period. Invesco Ltd. lifted its holdings in shares of Frontier Group by 15.8% during the first quarter. Invesco Ltd. now owns 80,550 shares of the company’s stock valued at $350,000 after purchasing an additional 11,009 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Frontier Group by 24.9% in the second quarter. Geode Capital Management LLC now owns 2,060,452 shares of the company’s stock worth $7,481,000 after acquiring an additional 410,392 shares in the last quarter.

Frontier Group Company Profile

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.