Frontier Group (NASDAQ:ULCC) Shares Up 7.9% – What’s Next?

Frontier Group Holdings, Inc. (NASDAQ:ULCC) shares shot up 7.9% during trading on Tuesday . The company traded as high as $6.40 and last traded at $6.4660. 2,887,518 shares traded hands during trading, a decline of 40% from the average session volume of 4,833,332 shares. The stock had previously closed at $5.99.

Analyst Ratings Changes

Several research firms have recently issued reports on ULCC. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Frontier Group in a report on Tuesday, May 19th. Barclays reaffirmed an “underweight” rating and issued a $4.00 target price (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. UBS Group reduced their target price on Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, March 16th. Wall Street Zen raised Frontier Group from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Susquehanna upped their target price on Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Five investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Frontier Group has a consensus rating of “Reduce” and a consensus target price of $5.07.

Frontier Group Trading Up 9.8%

The company has a market capitalization of $1.39 billion, a P/E ratio of -3.79 and a beta of 2.60. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.49 and a quick ratio of 0.44. The firm has a fifty day moving average price of $4.63 and a 200-day moving average price of $4.68.

Frontier Group (NASDAQ:ULCC) last released its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.37) by $0.07. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same period in the prior year, the company posted ($0.19) earnings per share. Frontier Group’s quarterly revenue was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, equities research analysts anticipate that Frontier Group Holdings, Inc. will post -1.12 earnings per share for the current year.

Insider Transactions at Frontier Group

In related news, VP Trevor J. Stedke sold 83,110 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $5.41, for a total value of $449,625.10. Following the transaction, the vice president owned 167,277 shares in the company, valued at approximately $904,968.57. This represents a 33.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Alexandre Clerc sold 5,060 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $5.93, for a total value of $30,005.80. Following the completion of the transaction, the senior vice president owned 47,698 shares in the company, valued at approximately $282,849.14. The trade was a 9.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 111,670 shares of company stock worth $603,756 in the last ninety days. Company insiders own 48.00% of the company’s stock.

Hedge Funds Weigh In On Frontier Group

Institutional investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new position in Frontier Group in the third quarter valued at approximately $27,000. Quarry LP purchased a new position in Frontier Group in the fourth quarter valued at approximately $34,000. Atlas Wealth LLC purchased a new position in Frontier Group in the first quarter valued at approximately $33,000. Brooklyn Investment Group lifted its stake in Frontier Group by 490.7% in the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after purchasing an additional 9,078 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Frontier Group during the third quarter worth $49,000.

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.