Frontier Group Holdings, Inc. (NASDAQ:ULCC) Receives Consensus Rating of “Reduce” from Analysts

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) have received an average rating of “Reduce” from the nine ratings firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $6.43.

A number of research firms have recently commented on ULCC. Wall Street Zen upgraded Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Weiss Ratings downgraded Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, July 30th. Citigroup upped their price target on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. UBS Group dropped their target price on shares of Frontier Group from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, Zacks Research cut shares of Frontier Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th.

Insider Buying and Selling

In other news, CFO Mark Mitchell sold 125,000 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $8.09, for a total transaction of $1,011,250.00. Following the completion of the transaction, the chief financial officer owned 53,785 shares of the company’s stock, valued at approximately $435,120.65. This represents a 69.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Alexandre Clerc sold 3,068 shares of Frontier Group stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $8.17, for a total value of $25,065.56. Following the sale, the senior vice president directly owned 37,488 shares in the company, valued at approximately $306,276.96. This trade represents a 7.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 12,049,662 shares of company stock worth $87,026,452. 48.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Frontier Group

A number of institutional investors and hedge funds have recently modified their holdings of ULCC. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Frontier Group by 3.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,787 shares of the company’s stock valued at $734,000 after acquiring an additional 3,461 shares during the period. Integrated Wealth Concepts LLC bought a new position in Frontier Group during the second quarter worth about $28,000. Straightline Group LLC lifted its stake in Frontier Group by 9.5% during the fourth quarter. Straightline Group LLC now owns 60,586 shares of the company’s stock worth $285,000 after purchasing an additional 5,232 shares during the period. Allworth Financial LP acquired a new stake in Frontier Group during the second quarter valued at approximately $43,000. Finally, Legal & General Group Plc acquired a new stake in Frontier Group during the second quarter valued at approximately $46,000.

Frontier Group Price Performance

NASDAQ ULCC opened at $6.19 on Tuesday. Frontier Group has a 1 year low of $3.02 and a 1 year high of $8.40. The company has a fifty day simple moving average of $6.20 and a 200 day simple moving average of $5.51. The company has a current ratio of 0.58, a quick ratio of 0.54 and a debt-to-equity ratio of 2.77. The company has a market cap of $1.43 billion, a P/E ratio of -3.68 and a beta of 2.57.

Frontier Group (NASDAQ:ULCC) last announced its earnings results on Wednesday, July 29th. The company reported ($0.10) EPS for the quarter, topping 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 the consensus estimate of $1.22 billion. During the same quarter last year, the firm posted ($0.31) EPS. The business’s quarterly revenue was up 37.7% on a year-over-year basis. 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. On average, sell-side analysts predict that Frontier Group will post -0.34 EPS for the current year.

About Frontier Group

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.