Frontier Group (NASDAQ:ULCC – Get Free Report) had its price target decreased by research analysts at UBS Group from $6.00 to $4.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s target price would suggest a potential upside of 23.46% from the stock’s current price.
Several other brokerages also recently commented on ULCC. Susquehanna raised their target price on shares of Frontier Group from $4.00 to $5.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft cut shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a report on Tuesday, February 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Frontier Group in a report on Monday, December 29th. Morgan Stanley cut their price objective on shares of Frontier Group from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Monday, December 8th. Finally, Citigroup initiated coverage on shares of Frontier Group in a research note on Thursday, December 4th. They issued a “neutral” rating and a $5.00 target price for the company. Six investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $5.13.
View Our Latest Research Report on Frontier Group
Frontier Group Trading Down 3.9%
Frontier Group (NASDAQ:ULCC – Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.13. Frontier Group had a negative return on equity of 27.39% and a negative net margin of 3.68%.The company had revenue of $997.00 million for the quarter, compared to analyst estimates of $971.35 million. During the same quarter last year, the firm posted $0.23 earnings per share. Frontier Group’s revenue was down .5% compared to the same quarter last year. Frontier Group has set its FY 2026 guidance at -0.400-0.500 EPS and its Q1 2026 guidance at -0.440–0.260 EPS. Equities research analysts forecast that Frontier Group will post 0.91 EPS for the current fiscal year.
Insiders Place Their Bets
In other Frontier Group news, SVP Steve Schuller sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $6.00, for a total transaction of $30,000.00. Following the completion of the transaction, the senior vice president owned 94,926 shares of the company’s stock, valued at $569,556. This represents a 5.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 48.00% of the stock is currently owned by company insiders.
Institutional Trading of Frontier Group
Hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its position in shares of Frontier Group by 5.5% in the third quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company’s stock worth $17,860,000 after purchasing an additional 209,154 shares in the last quarter. Bank of America Corp DE increased its stake in Frontier Group by 39.2% in the 3rd quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock valued at $13,366,000 after buying an additional 852,798 shares during the last quarter. Citigroup Inc. increased its stake in Frontier Group by 14.1% in the 3rd quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock valued at $12,472,000 after buying an additional 348,739 shares during the last quarter. Balyasny Asset Management L.P. lifted its position in Frontier Group by 48.4% during the 3rd quarter. Balyasny Asset Management L.P. now owns 2,202,219 shares of the company’s stock worth $9,723,000 after buying an additional 718,147 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Frontier Group by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 2,196,472 shares of the company’s stock worth $10,347,000 after buying an additional 8,946 shares in the last quarter.
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.
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