UBS Group Has Lowered Expectations for Frontier Group (NASDAQ:ULCC) Stock Price

Frontier Group (NASDAQ:ULCC) had its price objective cut by UBS Group from $7.00 to $6.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 1.61% from the company’s previous close.

ULCC has been the topic of a number of other reports. Wall Street Zen upgraded Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st. Citigroup lifted their target price on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Zacks Research lowered Frontier Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 27th. Susquehanna raised their price target on Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. Finally, Barclays dropped their price objective on shares of Frontier Group from $7.00 to $5.00 and set an “underweight” rating for the company in a research note on Friday, September 11th. Six analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Frontier Group presently has an average rating of “Reduce” and a consensus price target of $6.43.

Frontier Group Price Performance

ULCC stock traded up $0.07 during trading on Thursday, hitting $5.91. 1,270,875 shares of the company’s stock traded hands, compared to its average volume of 4,303,909. Frontier Group has a 52 week low of $3.02 and a 52 week high of $8.40. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of -3.50 and a beta of 2.57. The business has a fifty day simple moving average of $6.22 and a 200 day simple moving average of $5.49. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.54 and a current ratio of 0.58.

Frontier Group (NASDAQ:ULCC) last announced its earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.37. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the prior year, the company earned ($0.31) EPS. The business’s revenue was up 37.7% compared to the same quarter last year. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. As a group, research analysts expect that Frontier Group will post -0.34 EPS for the current fiscal year.

Insider Buying and Selling

In other Frontier Group news, SVP Steve Schuller sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $7.55, for a total value of $75,500.00. Following the sale, the senior vice president directly owned 87,175 shares of the company’s stock, valued at approximately $658,171.25. This trade represents a 10.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Group Holdings – Frontier Llc sold 11,700,000 shares of Frontier Group stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $7.20, for a total transaction of $84,240,000.00. Following the completion of the sale, the insider directly owned 22,706,526 shares in the company, valued at $163,486,987.20. This represents a 34.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 12,049,662 shares of company stock valued at $87,026,452 in the last three months. 48.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ULCC. U S Global Investors Inc. raised its position in Frontier Group by 63.9% in the first quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock valued at $23,938,000 after purchasing an additional 2,643,448 shares during the period. BlackRock Inc. acquired a new position in Frontier Group in the second quarter valued at about $47,205,000. Silver Point Capital L.P. acquired a new position in Frontier Group in the second quarter valued at about $12,141,850. First Trust Advisors LP increased its position in shares of Frontier Group by 65.7% during the first quarter. First Trust Advisors LP now owns 1,179,019 shares of the company’s stock valued at $4,162,000 after acquiring an additional 467,638 shares during the last quarter. Finally, Mountaineer Partners Management LLC purchased a new stake in shares of Frontier Group in the 4th quarter valued at approximately $4,490,000.

Frontier Group Company Profile

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. Frontier Airlines operates scheduled air transportation services, primarily connecting destinations across the United States with cities in Mexico, the Caribbean and Central America.

Frontier’s business model emphasizes low base fares and optional services. Customers can purchase additional products such as checked and carry-on baggage, advance seat assignments, priority services and other travel-related options.