May Hill Capital LLC Invests $42,000 in Frontier Group Holdings, Inc. $ULCC

May Hill Capital LLC bought a new stake in Frontier Group Holdings, Inc. (NASDAQ:ULCC) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,464 shares of the company’s stock, valued at approximately $42,000.

A number of other hedge funds have also added to or reduced their stakes in ULCC. U S Global Investors Inc. grew its position in Frontier Group by 59.2% in the second quarter. U S Global Investors Inc. now owns 6,204,862 shares of the company’s stock valued at $22,524,000 after purchasing an additional 2,306,248 shares in the last quarter. Silver Point Capital L.P. bought a new position in Frontier Group in the first quarter valued at $3,906,000. American Century Companies Inc. grew its position in Frontier Group by 1,353.6% in the first quarter. American Century Companies Inc. now owns 774,988 shares of the company’s stock valued at $3,363,000 after purchasing an additional 721,674 shares in the last quarter. Deutsche Bank AG grew its position in Frontier Group by 2,201.8% in the first quarter. Deutsche Bank AG now owns 585,888 shares of the company’s stock valued at $2,543,000 after purchasing an additional 560,434 shares in the last quarter. Finally, Trexquant Investment LP bought a new position in Frontier Group in the first quarter valued at $2,224,000.

Frontier Group Stock Performance

Shares of ULCC opened at $3.99 on Wednesday. The firm has a 50-day moving average of $4.72 and a 200-day moving average of $4.14. Frontier Group Holdings, Inc. has a one year low of $2.89 and a one year high of $10.26. The company has a market cap of $910.32 million, a PE ratio of -24.94 and a beta of 2.59. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.41 and a quick ratio of 0.36.

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

Analyst Ratings Changes

A number of research firms recently weighed in on ULCC. Susquehanna raised their target price on shares of Frontier Group from $3.00 to $4.00 and gave the company a “neutral” rating in a research report on Friday, October 3rd. Seaport Res Ptn raised shares of Frontier Group to a “hold” rating in a research report on Thursday, September 25th. Bank of America decreased their target price on shares of Frontier Group from $4.75 to $4.00 and set a “neutral” rating for the company in a research report on Tuesday, July 1st. Deutsche Bank Aktiengesellschaft raised shares of Frontier Group from a “hold” rating to a “buy” rating and raised their target price for the company from $4.00 to $8.00 in a research report on Tuesday, September 2nd. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Frontier Group in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $6.13.

Frontier Group Profile

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.