Frontier Group Holdings, Inc. (NASDAQ:ULCC) Receives $6.13 Average Target Price from Analysts

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) have been given a consensus rating of “Hold” by the ten ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $6.1250.

A number of analysts have issued reports on the company. Susquehanna raised their target price on Frontier Group from $3.00 to $4.00 and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Seaport Res Ptn raised Frontier Group to a “hold” rating in a research note on Thursday, September 25th. UBS Group raised their target price on Frontier Group from $3.50 to $5.00 and gave the stock a “neutral” rating in a research note on Friday, September 26th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Frontier Group in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft raised Frontier Group from a “hold” rating to a “buy” rating and raised their target price for the stock from $4.00 to $8.00 in a research note on Tuesday, September 2nd.

Frontier Group Trading Down 4.6%

Shares of ULCC stock opened at $3.95 on Tuesday. The stock’s fifty day moving average is $4.66 and its two-hundred day moving average is $4.12. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.36 and a current ratio of 0.41. The firm has a market capitalization of $901.19 million, a P/E ratio of -24.69 and a beta of 2.59. Frontier Group has a fifty-two week low of $2.89 and a fifty-two week high of $10.26.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings data on Tuesday, August 5th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.28) by ($0.03). Frontier Group had a negative net margin of 0.87% and a negative return on equity of 12.56%. The firm had revenue of $929.00 million during the quarter, compared to analysts’ expectations of $951.92 million. During the same quarter in the previous year, the business posted $0.14 EPS. The company’s revenue for the quarter was down 4.5% on a year-over-year basis. Frontier Group has set its Q3 2025 guidance at -0.420–0.260 EPS. Research analysts expect that Frontier Group will post 0.91 earnings per share for the current fiscal year.

Institutional Trading of Frontier Group

A number of hedge funds and other institutional investors have recently modified their holdings of ULCC. U S Global Investors Inc. increased its position in shares of Frontier Group by 59.2% during the 2nd quarter. U S Global Investors Inc. now owns 6,204,862 shares of the company’s stock worth $22,524,000 after purchasing an additional 2,306,248 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Frontier Group during the 2nd quarter worth about $5,387,000. Jump Financial LLC acquired a new stake in shares of Frontier Group during the 2nd quarter worth about $4,190,000. Silver Point Capital L.P. acquired a new stake in shares of Frontier Group during the 1st quarter worth about $3,906,000. Finally, American Century Companies Inc. increased its position in shares of Frontier Group by 1,353.6% during the 1st quarter. American Century Companies Inc. now owns 774,988 shares of the company’s stock worth $3,363,000 after purchasing an additional 721,674 shares during the last quarter.

About Frontier Group

Frontier Group Holdings, Inc, provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts.