Susquehanna Increases Frontier Group (NASDAQ:ULCC) Price Target to $4.50

Frontier Group (NASDAQ:ULCCGet Free Report) had its target price boosted by stock analysts at Susquehanna from $3.40 to $4.50 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Susquehanna’s price target suggests a potential downside of 6.54% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on the stock. Citigroup boosted their target price on shares of Frontier Group from $3.50 to $4.90 and gave the company a “neutral” rating in a report on Monday. UBS Group lowered their target price on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, March 16th. Barclays reissued an “underweight” rating and set a $4.00 target price (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Wall Street Zen raised shares of Frontier Group from a “strong sell” rating to a “sell” rating in a report on Saturday. Finally, Deutsche Bank Aktiengesellschaft cut shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 target price on the stock. in a report on Tuesday, February 10th. Five equities 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.com, the stock presently has a consensus rating of “Reduce” and an average target price of $5.06.

Get Our Latest Stock Analysis on ULCC

Frontier Group Stock Performance

Shares of NASDAQ:ULCC traded up $0.45 during mid-day trading on Wednesday, reaching $4.82. The company had a trading volume of 2,602,073 shares, compared to its average volume of 4,781,438. The company has a current ratio of 0.46, a quick ratio of 0.41 and a debt-to-equity ratio of 0.73. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of -7.93 and a beta of 2.41. The company’s 50-day moving average price is $3.82 and its 200-day moving average price is $4.43. Frontier Group has a one year low of $3.02 and a one year high of $6.66.

Frontier Group (NASDAQ:ULCCGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. Frontier Group had a negative net margin of 3.68% and a negative return on equity of 27.39%. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the firm posted ($0.19) EPS. Frontier Group’s revenue was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, equities research analysts anticipate that Frontier Group will post -1.24 EPS for the current fiscal year.

Insider Activity at Frontier Group

In other news, SVP Steve Schuller sold 5,000 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $6.00, for a total transaction of $30,000.00. Following the completion of the transaction, the senior vice president directly owned 94,926 shares in the company, valued at $569,556. The trade was a 5.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 48.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new position in Frontier Group in the third quarter worth $27,000. Quarry LP purchased a new position in Frontier Group in the fourth quarter worth $34,000. Brooklyn Investment Group grew its position in Frontier Group by 490.7% in 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. Wealth Enhancement Advisory Services LLC purchased a new position in Frontier Group in the third quarter worth $49,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Frontier Group in the first quarter worth $60,000.

Key Stories Impacting Frontier Group

Here are the key news stories impacting Frontier Group this week:

About Frontier Group

(Get Free Report)

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.

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Analyst Recommendations for Frontier Group (NASDAQ:ULCC)

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