Frontier Group (NASDAQ:ULCC) Shares Up 9.1% – Time to Buy?

Frontier Group Holdings, Inc. (NASDAQ:ULCC) shares shot up 9.1% on Wednesday . The stock traded as high as $4.61 and last traded at $4.6350. 1,844,494 shares were traded during mid-day trading, a decline of 62% from the average session volume of 4,876,843 shares. The stock had previously closed at $4.25.

Analysts Set New Price Targets

Several research firms have recently weighed in on ULCC. Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday. Citigroup increased their price objective on Frontier Group from $4.90 to $5.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Barclays reissued an “underweight” rating and issued a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. UBS Group reduced their price objective on Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, March 16th. Finally, Deutsche Bank Aktiengesellschaft cut Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a research report on Tuesday, February 10th. Five analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Frontier Group has a consensus rating of “Reduce” and an average target price of $5.07.

Frontier Group Stock Performance

The stock has a market capitalization of $1.14 billion, a P/E ratio of -3.10 and a beta of 2.41. The firm has a 50-day moving average of $3.98 and a 200 day moving average of $4.49. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75.

Frontier Group (NASDAQ:ULCC) last issued its 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. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.Frontier Group’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same period last year, the business earned ($0.19) earnings per share. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. Research analysts anticipate that Frontier Group Holdings, Inc. will post -1.12 EPS for the current fiscal year.

Insider Buying and Selling at Frontier Group

In related news, CAO Josh A. Wetzel sold 13,500 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $4.75, for a total value of $64,125.00. Following the completion of the transaction, the chief accounting officer directly owned 12,061 shares of the company’s stock, valued at $57,289.75. This trade represents a 52.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Trevor J. Stedke sold 83,110 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $5.41, for a total value of $449,625.10. Following the completion of the transaction, the vice president directly owned 167,277 shares of the company’s stock, valued at approximately $904,968.57. This trade represents a 33.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 48.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd acquired a new position in Frontier Group during the third quarter worth $27,000. Atlas Wealth LLC acquired a new position in Frontier Group during the first quarter worth $33,000. Quarry LP acquired a new position in Frontier Group during the fourth quarter worth $34,000. Brooklyn Investment Group raised its stake in Frontier Group by 490.7% during the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock worth $48,000 after acquiring an additional 9,078 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Frontier Group during the third quarter worth $49,000.

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.