Frontier Group’s (ULCC) Underperform Rating Reiterated at Bank of America

Bank of America reiterated their underperform rating on shares of Frontier Group (NASDAQ:ULCC) in a research note published on Tuesday morning, Marketbeat Ratings reports. Bank of America currently has a $4.00 target price on the stock, down from their previous target price of $5.00.

Other analysts also recently issued research reports about the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Frontier Group in a research note on Monday, December 29th. Seaport Res Ptn upgraded Frontier Group to a “hold” rating in a report on Thursday, September 25th. Susquehanna increased their price target on Frontier Group from $3.00 to $4.00 and gave the company a “neutral” rating in a report on Friday, October 3rd. Citigroup assumed coverage on shares of Frontier Group in a research report on Thursday, December 4th. They issued a “neutral” rating and a $5.00 price target on the stock. Finally, Morgan Stanley decreased their price objective on shares of Frontier Group from $9.00 to $8.00 and set an “equal weight” rating for the company in a report on Monday, December 8th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $6.25.

Frontier Group Stock Performance

ULCC stock opened at $4.82 on Tuesday. The firm has a 50 day moving average of $4.56 and a two-hundred day moving average of $4.46. Frontier Group has a 12 month low of $2.89 and a 12 month high of $10.26. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of -7.90 and a beta of 2.55. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 0.79.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings data on Wednesday, November 5th. The company reported ($0.34) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.34). The business had revenue of $886.00 million during the quarter, compared to analyst estimates of $900.07 million. Frontier Group had a negative net margin of 3.65% and a negative return on equity of 25.73%. Frontier Group’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.05) EPS. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. As a group, equities analysts anticipate that Frontier Group will post 0.91 EPS for the current fiscal year.

Insider Activity

In other news, SVP Steve Schuller sold 5,000 shares of Frontier Group stock in a transaction dated 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 approximately $463,872. The trade was a 6.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Barry Biffle sold 82,627 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $5.78, for a total transaction of $477,584.06. Following the completion of the transaction, the chief executive officer directly owned 631,836 shares of the company’s stock, valued at $3,652,012.08. This trade represents a 11.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 305,000 shares of company stock worth $1,670,444. 48.00% of the stock is owned by company insiders.

Institutional Trading of Frontier Group

Several institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Frontier Group during the third quarter worth approximately $27,000. XTX Topco Ltd grew its position in Frontier Group by 12.5% during the 3rd quarter. XTX Topco Ltd now owns 138,878 shares of the company’s stock worth $613,000 after acquiring an additional 15,393 shares during the last quarter. Voleon Capital Management LP increased its holdings in Frontier Group by 242.8% during the 3rd quarter. Voleon Capital Management LP now owns 715,417 shares of the company’s stock valued at $3,159,000 after purchasing an additional 506,704 shares in the last quarter. Prentice Capital Management LP increased its holdings in Frontier Group by 596.1% during the 3rd quarter. Prentice Capital Management LP now owns 530,119 shares of the company’s stock valued at $2,340,000 after purchasing an additional 453,962 shares in the last quarter. Finally, Numerai GP LLC bought a new position in Frontier Group in the 3rd quarter valued at $61,000.

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.