Frontier Group Holdings, Inc. (NASDAQ:ULCC – Get Free Report) shares were up 9% on Thursday . The company traded as high as $8.09 and last traded at $8.0960. 487,059 shares changed hands during trading, a decline of 90% from the average daily volume of 4,800,340 shares. The stock had previously closed at $7.43.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on ULCC shares. Wall Street Zen upgraded Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Susquehanna boosted their price objective on Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. UBS Group boosted their price objective on Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Frontier Group in a research note on Tuesday, May 19th. Finally, Citigroup increased their target price on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday. Five research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Frontier Group has an average rating of “Reduce” and an average target price of $6.50.
Check Out Our Latest Stock Report on Frontier Group
Frontier Group Stock Down 2.6%
Frontier Group (NASDAQ:ULCC – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.37) by $0.07. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the company earned ($0.19) EPS. The business’s quarterly revenue was up 16.8% compared to the same quarter last year. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, analysts anticipate that Frontier Group Holdings, Inc. will post -1.01 earnings per share for the current year.
Insider Transactions at Frontier Group
In other Frontier Group news, VP Trevor J. Stedke sold 83,110 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $5.41, for a total transaction of $449,625.10. Following the completion of the transaction, the vice president owned 167,277 shares in the company, valued at $904,968.57. This trade represents a 33.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Alexandre Clerc sold 5,060 shares of Frontier Group stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $5.93, for a total value of $30,005.80. Following the completion of the sale, the senior vice president directly owned 47,698 shares in the company, valued at approximately $282,849.14. The trade was a 9.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 111,670 shares of company stock valued at $603,756 over the last three months. Corporate insiders own 48.00% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new stake in Frontier Group in the third quarter worth $27,000. Atlas Wealth LLC bought a new position in Frontier Group during the first quarter valued at $33,000. Quarry LP purchased a new position in shares of Frontier Group in the 4th quarter worth $34,000. Brooklyn Investment Group grew its stake in shares of Frontier Group by 490.7% in the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock worth $48,000 after buying an additional 9,078 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Frontier Group in the 1st quarter worth about $60,000.
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.
Read More
- Five stocks we like better than Frontier Group
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Frontier Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontier Group and related companies with MarketBeat.com's FREE daily email newsletter.
