UBS Group Cuts Frontier Group (NASDAQ:ULCC) Price Target to $6.00

Frontier Group (NASDAQ:ULCC) had its target price reduced by UBS Group from $7.00 to $6.00 in a research report released on Thursday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

A number of other research firms have also recently issued reports on ULCC. Citigroup increased their price target on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Susquehanna boosted their target price on shares of Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Zacks Research lowered shares of Frontier Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Barclays reduced their price target on shares of Frontier Group from $7.00 to $5.00 and set an “underweight” rating for the company in a report on Friday, September 11th. Finally, Weiss Ratings downgraded shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, July 30th. Six analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $6.43.

Frontier Group Stock Up 5.8%

Shares of NASDAQ:ULCC opened at $6.19 on Thursday. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of -3.68 and a beta of 2.57. The company has a debt-to-equity ratio of 2.77, a current ratio of 0.58 and a quick ratio of 0.54. The business’s 50-day moving average is $6.20 and its 200-day moving average is $5.51. Frontier Group has a 1 year low of $3.02 and a 1 year high of $8.40.

Frontier Group (NASDAQ:ULCC) last released its earnings results on Wednesday, July 29th. The company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.47) by $0.37. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The firm’s revenue was up 37.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.31) earnings per share. 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. Equities research analysts predict that Frontier Group will post -0.34 earnings per share for the current year.

Insider Activity

In related news, SVP Alexandre Clerc sold 3,068 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $8.17, for a total value of $25,065.56. Following the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Howard Diamond sold 24,195 shares of Frontier Group stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $8.25, for a total transaction of $199,608.75. Following the completion of the sale, the executive vice president directly owned 133,126 shares of the company’s stock, valued at approximately $1,098,289.50. The trade was a 15.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 12,049,662 shares of company stock valued at $87,026,452. Corporate insiders own 48.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of Frontier Group in the second quarter valued at $47,205,000. U S Global Investors Inc. increased its position in shares of Frontier Group by 63.9% during the first quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after acquiring an additional 2,643,448 shares in the last quarter. Silver Point Capital L.P. bought a new stake in shares of Frontier Group during the second quarter worth about $12,141,850. Mountaineer Partners Management LLC acquired a new stake in shares of Frontier Group in the 4th quarter worth about $4,490,000. Finally, Bank of America Corp DE acquired a new stake in shares of Frontier Group in the 2nd quarter worth about $7,337,000.

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.