Zacks Research upgraded shares of Frontier Group (NASDAQ:ULCC – Free Report) from a hold rating to a strong-buy rating in a report issued on Wednesday morning,Zacks.com reports.
A number of other analysts also recently commented on the company. Susquehanna raised their price objective on Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. UBS Group increased their price objective on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, June 23rd. Citigroup lifted their target price on shares of Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research report on Friday, June 26th. Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday, May 19th. Finally, Wall Street Zen raised Frontier Group from a “sell” rating to a “hold” rating in a report on Sunday, June 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $6.86.
Get Our Latest Research Report on ULCC
Frontier Group Price Performance
Frontier Group (NASDAQ:ULCC – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.47) by $0.37. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 29.82%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the business earned ($0.31) earnings per share. The firm’s revenue for the quarter 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. Analysts anticipate that Frontier Group will post -0.74 earnings per share for the current year.
Insiders Place Their Bets
In other Frontier Group news, SVP Steve Schuller sold 10,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $6.00, for a total value of $60,000.00. Following the transaction, the senior vice president directly owned 97,175 shares in the company, valued at $583,050. The trade was a 9.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Alexandre Clerc sold 5,060 shares of the company’s 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 sale, the senior vice president directly owned 47,698 shares in the company, valued at $282,849.14. This represents a 9.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 11,811,670 shares of company stock worth $84,843,756 in the last quarter. 48.00% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Frontier Group
A number of large investors have recently bought and sold shares of ULCC. U S Global Investors Inc. increased its holdings 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 in the last quarter. Balyasny Asset Management L.P. acquired a new position in Frontier Group in the second quarter worth $5,387,000. Mountaineer Partners Management LLC bought a new stake in shares of Frontier Group during the fourth quarter worth $4,490,000. Bank of America Corp DE increased its stake in shares of Frontier Group by 39.2% in 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 buying an additional 852,798 shares in the last quarter. Finally, HRT Financial LP raised its holdings in shares of Frontier Group by 932.1% in the fourth quarter. HRT Financial LP now owns 817,425 shares of the company’s stock valued at $3,850,000 after buying an additional 738,228 shares during the last quarter.
Trending Headlines about Frontier Group
Here are the key news stories impacting Frontier Group this week:
- Positive Sentiment: Q2 results significantly beat expectations. Frontier reported an adjusted loss of $0.10 per share, compared with the consensus estimate of a $0.47 loss and a $0.31 loss in the prior-year quarter. Revenue reached a record approximately $1.3 billion, up 38% year over year and ahead of the $1.22 billion analyst estimate. Frontier Airlines Q2 2026 results
- Positive Sentiment: Improved guidance supports the bullish reaction. Frontier expects a third-quarter adjusted EPS result between a $0.10 loss and $0.10 profit, better than the consensus estimate of a $0.24 loss. Fourth-quarter guidance ranges from breakeven to $0.20 per share, while the company is targeting roughly 7% capacity growth. Frontier Q4 guidance
- Positive Sentiment: Management said key operating metrics are improving as its transformation plan takes hold, providing evidence that initiatives aimed at strengthening the airline’s financial performance are beginning to work. Frontier operating metrics update
- Neutral Sentiment: The outlook is improving but not yet consistently profitable: Q3 guidance spans a loss to a profit, and Q4 guidance begins at breakeven. Analysts still expect a full-year loss.
- Negative Sentiment: Frontier continues to report negative net margins and return on equity, while its planned capacity growth could pressure fares and profitability if demand does not keep pace.
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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