Brokerages Set Frontier Group Holdings, Inc. (NASDAQ:ULCC) PT at $6.38

Frontier Group Holdings, Inc. (NASDAQ:ULCC) has earned an average recommendation of “Hold” from the ten research firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $6.3750.

Several equities analysts have commented on ULCC shares. UBS Group reissued a “neutral” rating and issued a $6.00 target price (up from $4.00) on shares of Frontier Group in a report on Friday, December 12th. Seaport Res Ptn upgraded shares of Frontier Group to a “hold” rating in a research report on Thursday, September 25th. Bank of America restated an “underperform” rating and set a $4.00 price objective (down from $5.00) on shares of Frontier Group in a research report on Tuesday, January 6th. Morgan Stanley cut their target price on Frontier Group from $9.00 to $8.00 and set an “equal weight” rating for the company in a research note on Monday, December 8th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Frontier Group in a research note on Monday, December 29th.

Insider Activity

In other news, CEO Barry Biffle sold 82,627 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $5.78, for a total value of $477,584.06. Following the sale, the chief executive officer directly owned 631,836 shares in the company, valued at approximately $3,652,012.08. This trade represents a 11.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Steve Schuller sold 5,000 shares of Frontier Group stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $6.00, for a total transaction of $30,000.00. Following the sale, the senior vice president directly 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 disclosure for this sale is available in the SEC filing. Insiders sold 305,000 shares of company stock worth $1,670,444 over the last ninety days. 48.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. U S Global Investors Inc. boosted its holdings in shares of Frontier Group by 59.2% during the 2nd quarter. U S Global Investors Inc. now owns 6,204,862 shares of the company’s stock valued at $22,524,000 after acquiring an additional 2,306,248 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Frontier Group by 5.5% in the third quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company’s stock valued at $17,860,000 after purchasing an additional 209,154 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Frontier Group by 39.2% during the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock valued at $13,366,000 after purchasing an additional 852,798 shares in the last quarter. Citigroup Inc. grew its holdings in shares of Frontier Group by 14.1% during the third quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock worth $12,472,000 after purchasing an additional 348,739 shares during the last quarter. Finally, Balyasny Asset Management L.P. increased its stake in shares of Frontier Group by 48.4% in the third quarter. Balyasny Asset Management L.P. now owns 2,202,219 shares of the company’s stock valued at $9,723,000 after buying an additional 718,147 shares during the period.

Frontier Group Price Performance

Frontier Group stock opened at $5.27 on Thursday. The firm has a market cap of $1.21 billion, a PE ratio of -8.64 and a beta of 2.55. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.40 and a quick ratio of 0.36. The stock’s fifty day moving average price is $4.73 and its two-hundred day moving average price is $4.53. Frontier Group has a one year low of $2.89 and a one year high of $10.26.

Frontier Group (NASDAQ:ULCC) last released its 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). Frontier Group had a negative return on equity of 25.73% and a negative net margin of 3.65%.The company had revenue of $886.00 million for the quarter, compared to analyst estimates of $900.07 million. During the same period in the prior year, the firm posted ($0.05) EPS. Frontier Group’s quarterly revenue was down 5.2% on a year-over-year basis. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. As a group, research analysts expect that Frontier Group will post 0.91 EPS for the current fiscal year.

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.