Frontier Group (NASDAQ:ULCC) Trading 9.1% Higher – What’s Next?

Frontier Group Holdings, Inc. (NASDAQ:ULCC)’s share price rose 9.1% during trading on Wednesday . The stock traded as high as $5.30 and last traded at $5.3580. Approximately 2,452,505 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 3,569,501 shares. The stock had previously closed at $4.91.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ULCC. Seaport Research Partners raised shares of Frontier Group to a “hold” rating in a research report on Thursday, September 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Frontier Group in a research report on Monday, December 29th. Susquehanna lifted their target price on shares of Frontier Group from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. UBS Group restated a “neutral” rating and set a $6.00 price target (up from $4.00) on shares of Frontier Group in a report on Friday, December 12th. Finally, Morgan Stanley dropped their price target on shares of Frontier Group from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Monday, December 8th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $6.38.

Frontier Group Price Performance

The company’s 50-day simple moving average is $4.78 and its 200 day simple moving average is $4.55. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of -8.77 and a beta of 2.55.

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

Insider Buying and Selling

In other Frontier Group news, SVP Steve Schuller sold 5,000 shares of the 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 transaction, the senior vice president owned 77,312 shares in the company, valued at $463,872. This trade represents a 6.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Barry Biffle sold 82,627 shares of Frontier Group stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $5.78, for a total transaction of $477,584.06. Following the completion of the transaction, the chief executive officer directly owned 631,836 shares in the company, valued at approximately $3,652,012.08. This represents a 11.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 305,000 shares of company stock valued at $1,670,444 in the last ninety days. Company insiders own 48.00% of the company’s stock.

Institutional Investors Weigh In On Frontier Group

A number of hedge funds have recently bought and sold shares of ULCC. American Century Companies Inc. boosted its position in shares of Frontier Group by 47.7% in the second quarter. American Century Companies Inc. now owns 1,145,039 shares of the company’s stock valued at $4,156,000 after acquiring an additional 370,051 shares during the period. Geode Capital Management LLC raised its stake in Frontier Group by 24.9% during the 2nd quarter. Geode Capital Management LLC now owns 2,060,452 shares of the company’s stock valued at $7,481,000 after purchasing an additional 410,392 shares during the last quarter. SG Americas Securities LLC raised its stake in Frontier Group by 899.0% during the 2nd quarter. SG Americas Securities LLC now owns 349,194 shares of the company’s stock valued at $1,268,000 after purchasing an additional 314,240 shares during the last quarter. Primecap Management Co. CA boosted its holdings in Frontier Group by 96.8% in the 2nd quarter. Primecap Management Co. CA now owns 854,900 shares of the company’s stock valued at $3,103,000 after purchasing an additional 420,600 shares during the period. Finally, Mariner Investment Group LLC acquired a new stake in Frontier Group in the 2nd quarter worth $218,000.

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.