Frontier Group (NASDAQ:ULCC) Stock Price Up 9% – Should You Buy?

Frontier Group Holdings, Inc. (NASDAQ:ULCC) shares rose 9% on Thursday . The company traded as high as $8.09 and last traded at $8.0960. 487,059 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 4,800,340 shares. The stock had previously closed at $7.43.

Analyst Ratings Changes

A number of analysts have weighed in on ULCC shares. Susquehanna raised their price objective on shares of Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Citigroup upped their price objective on Frontier Group from $4.90 to $5.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Weiss Ratings reiterated a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday, May 19th. Wall Street Zen raised Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday. Finally, UBS Group lifted their target price on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday. Five analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $5.50.

Frontier Group Stock Up 10.7%

The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 1.75. The business has a 50-day moving average price of $5.26 and a 200 day moving average price of $4.85. The stock has a market capitalization of $1.89 billion, a P/E ratio of -5.14 and a beta of 2.60.

Frontier Group (NASDAQ:ULCC) last posted its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. The business’s quarterly revenue was up 16.8% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.19) EPS. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, equities analysts expect that Frontier Group Holdings, Inc. will post -1.01 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Alexandre Clerc sold 5,060 shares of the company’s stock in a transaction dated 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 sale, the senior vice president directly owned 47,698 shares of the company’s stock, valued at $282,849.14. This represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Steve Schuller sold 10,000 shares of Frontier Group stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $6.00, for a total transaction of $60,000.00. Following the transaction, the senior vice president directly owned 97,175 shares in the company, valued at approximately $583,050. The trade was a 9.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 111,670 shares of company stock valued at $603,756 over the last quarter. 48.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Frontier Group

Institutional investors have recently bought and sold shares of the company. Citigroup Inc. grew its stake in Frontier Group by 14.1% during the 3rd quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock worth $12,472,000 after buying an additional 348,739 shares during the last quarter. GSA Capital Partners LLP lifted its holdings in Frontier Group by 2,044.4% in the fourth quarter. GSA Capital Partners LLP now owns 318,159 shares of the company’s stock valued at $1,499,000 after acquiring an additional 303,322 shares during the period. Quantbot Technologies LP boosted its holdings in Frontier Group by 660.9% during the third quarter. Quantbot Technologies LP now owns 448,662 shares of the company’s stock worth $1,981,000 after buying an additional 389,696 shares in the last quarter. Wolf Hill Capital Management LP acquired a new stake in shares of Frontier Group during the 3rd quarter valued at about $2,519,000. Finally, Mountaineer Partners Management LLC purchased a new stake in shares of Frontier Group in the fourth quarter valued at approximately $4,490,000.

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.