Frontier Group Holdings, Inc. (NASDAQ:ULCC) Stock Has Average Target Price of $6.57

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) have been given an average rating of “Reduce” by the nine brokerages that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $6.43.

Several brokerages have recently weighed in on ULCC. Weiss Ratings downgraded Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, July 30th. Citigroup boosted their price target on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Susquehanna upped their price target on Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. UBS Group dropped their price objective on shares of Frontier Group from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday. Finally, Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st.

Insider Buying and Selling at Frontier Group

In other news, SVP Alexandre Clerc sold 3,068 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $8.17, for a total transaction of $25,065.56. Following the completion of the sale, the senior vice president directly owned 37,488 shares in the company, valued at $306,276.96. This trade represents a 7.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Howard Diamond sold 24,195 shares of Frontier Group stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $8.25, for a total value of $199,608.75. Following the sale, the executive vice president directly owned 133,126 shares in the company, valued at approximately $1,098,289.50. The trade was a 15.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 12,049,662 shares of company stock worth $87,026,452. 48.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ULCC. Integrated Wealth Concepts LLC purchased a new position in shares of Frontier Group during the 2nd quarter valued at approximately $28,000. Allworth Financial LP acquired a new position in Frontier Group during the 2nd quarter worth $43,000. Legal & General Group Plc acquired a new position in Frontier Group during the 2nd quarter worth $46,000. Atlas Wealth LLC bought a new stake in shares of Frontier Group in the 1st quarter worth about $33,000. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Frontier Group in the 2nd quarter worth about $116,000.

Frontier Group Stock Up 0.2%

Shares of NASDAQ ULCC opened at $5.85 on Tuesday. Frontier Group has a 52-week low of $3.02 and a 52-week high of $8.40. The firm has a fifty day moving average of $6.20 and a 200-day moving average of $5.51. The stock has a market capitalization of $1.35 billion, a PE ratio of -3.48 and a beta of 2.57. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 2.77.

Frontier Group (NASDAQ:ULCC) last issued its earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.47) by $0.37. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the company posted ($0.31) EPS. The business’s quarterly revenue 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. On average, analysts anticipate that Frontier Group will post -0.34 EPS for the current year.

About Frontier Group

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. Frontier Airlines operates scheduled air transportation services, primarily connecting destinations across the United States with cities in Mexico, the Caribbean and Central America.

Frontier’s business model emphasizes low base fares and optional services. Customers can purchase additional products such as checked and carry-on baggage, advance seat assignments, priority services and other travel-related options.