Frontier Group Holdings, Inc. (NASDAQ:ULCC – Get Free Report) VP Trevor Stedke sold 167,277 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.03, for a total transaction of $1,343,234.31. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Frontier Group Stock Down 2.6%
ULCC stock opened at $7.38 on Friday. The company has a 50 day moving average of $6.79 and a two-hundred day moving average of $5.28. The company has a market cap of $1.70 billion, a price-to-earnings ratio of -4.39 and a beta of 2.59. Frontier Group Holdings, Inc. has a 12-month low of $3.02 and a 12-month high of $8.40. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 2.77.
Frontier Group (NASDAQ:ULCC – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported ($0.10) 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 business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the company posted ($0.31) EPS. Frontier Group’s 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, equities analysts anticipate that Frontier Group Holdings, Inc. will post -0.31 earnings per share for the current fiscal year.
Key Headlines Impacting Frontier Group
- Positive Sentiment: Recent momentum remains a supporting factor. Zacks identified ULCC as a potential momentum pick after the shares advanced substantially from their 52-week low, suggesting continued investor interest in the airline’s recovery story. Zacks momentum article
- Positive Sentiment: Frontier’s latest quarterly performance exceeded expectations. The company reported a loss of $0.10 per share versus the projected $0.47 loss, while revenue reached $1.28 billion, up 37.7% year over year and above the $1.22 billion consensus estimate. Management’s guidance also indicates a possible return to profitability in the fourth quarter.
- Neutral Sentiment: Analyst sentiment remains mixed. Several firms raised their price targets, including Citigroup to $9, but most maintained neutral or bearish ratings. The overall consensus is “Reduce,” with an average target of $6.86, below recent trading levels.
- Negative Sentiment: Multiple executives sold shares in transactions conducted August 4–5. CFO Mark Christopher Mitchell sold 125,000 shares for approximately $1.01 million, reducing his holdings by nearly 70%; VP Trevor J. Stedke sold 167,277 shares for about $1.34 million; EVP Howard Diamond sold 24,195 shares; and CAO Josh Wetzel sold 2,000 shares. The combined sales totaled roughly $2.6 million and may be weighing on sentiment, particularly because of the CFO’s large reduction. Frontier Group insider selling article
Wall Street Analysts Forecast Growth
A number of research firms recently commented on ULCC. Barclays increased their price objective on Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. Susquehanna boosted their target price on shares of Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. Zacks Research upgraded shares of Frontier Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. UBS Group raised their price target on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a report on Tuesday, June 23rd. Finally, Weiss Ratings lowered shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $6.86.
View Our Latest Report on Frontier Group
Institutional Investors Weigh In On Frontier Group
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP boosted its position in shares of 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. Mountaineer Partners Management LLC bought a new position in Frontier Group during the fourth quarter worth $4,490,000. U S Global Investors Inc. raised its stake in Frontier Group by 63.9% during the 1st 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 last quarter. Lazard Asset Management LLC bought a new stake in Frontier Group in the 1st quarter valued at $1,651,000. Finally, First Trust Advisors LP boosted its holdings in Frontier Group by 65.7% in the 1st quarter. First Trust Advisors LP now owns 1,179,019 shares of the company’s stock valued at $4,162,000 after purchasing an additional 467,638 shares during the period.
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.
Read More
- Five stocks we like better than Frontier Group
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for Frontier Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontier Group and related companies with MarketBeat.com's FREE daily email newsletter.
