Frontier Group Holdings, Inc. (NASDAQ:ULCC – Get Free Report) SVP Alexandre Clerc sold 5,060 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $5.93, for a total transaction of $30,005.80. Following the transaction, the senior vice president directly owned 47,698 shares of the company’s stock, valued at approximately $282,849.14. This trade represents a 9.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Frontier Group Trading Up 2.6%
ULCC stock traded up $0.15 during mid-day trading on Thursday, hitting $5.85. 2,430,156 shares of the company were exchanged, compared to its average volume of 4,867,157. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $1.34 billion, a P/E ratio of -3.66 and a beta of 2.60. The business has a fifty day simple moving average of $4.39 and a 200-day simple moving average of $4.60. Frontier Group Holdings, Inc. has a 12-month low of $3.02 and a 12-month high of $6.66.
Frontier Group (NASDAQ:ULCC – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, topping the consensus estimate of ($0.37) by $0.07. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.04 billion. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. Frontier Group’s revenue was up 16.8% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.19) earnings per share. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, equities research analysts predict that Frontier Group Holdings, Inc. will post -1.12 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
Several brokerages have weighed in on ULCC. Susquehanna increased their target price on shares of Frontier Group from $3.40 to $4.50 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. Deutsche Bank Aktiengesellschaft lowered shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a research note on Tuesday, February 10th. Citigroup increased their target price on shares of Frontier Group from $4.90 to $5.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Finally, UBS Group lowered their target price on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, March 16th. Five equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Frontier Group has a consensus rating of “Reduce” and an average price target of $5.07.
Get Our Latest Stock Report on Frontier Group
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.
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