Frontier Group Holdings, Inc. (NASDAQ:ULCC) Given Average Rating of "Hold" by Brokerages

Key Points

• Frontier Group Holdings has received an average rating of "Hold" from analysts, with eight holding and two buying ratings, and an average one-year price target of $5.61.
• Analysts have recently adjusted their price targets for Frontier Group, with Bank of America lowering its target from $4.75 to $4.00 and Deutsche Bank raising its target from $4.00 to $8.00.
• The airline stock is currently valued at $5.38 per share, after experiencing a 4.7% rise, despite reporting a loss of ($0.31) earnings per share in its latest quarterly results.

Frontier Group Holdings, Inc. (NASDAQ:ULCC - Get Free Report) has received an average rating of "Hold" from the nine research firms that are currently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $5.8125.

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised Frontier Group from a "hold" rating to a "buy" rating and lifted their price objective for the company from $4.00 to $8.00 in a research report on Tuesday, September 2nd. UBS Group lowered their price objective on Frontier Group from $4.00 to $3.50 and set a "neutral" rating on the stock in a research report on Wednesday, August 6th. Finally, Bank of America lowered their price objective on Frontier Group from $4.75 to $4.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 1st.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ULCC. U S Global Investors Inc. lifted its holdings in Frontier Group by 59.2% in the 2nd quarter. U S Global Investors Inc. now owns 6,204,862 shares of the company's stock worth $22,524,000 after purchasing an additional 2,306,248 shares in the last quarter. Voloridge Investment Management LLC lifted its holdings in Frontier Group by 835.6% in the 4th quarter. Voloridge Investment Management LLC now owns 1,702,008 shares of the company's stock worth $12,101,000 after purchasing an additional 1,520,094 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in Frontier Group in the 2nd quarter worth approximately $5,387,000. Jump Financial LLC purchased a new position in Frontier Group in the 2nd quarter worth approximately $4,190,000. Finally, Silver Point Capital L.P. purchased a new position in Frontier Group in the 1st quarter worth approximately $3,906,000.

Frontier Group Stock Performance

Shares of ULCC stock traded up $0.01 during trading hours on Friday, reaching $5.42. 4,412,189 shares of the company traded hands, compared to its average volume of 4,189,141. Frontier Group has a 12-month low of $2.89 and a 12-month high of $10.26. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.41 and a quick ratio of 0.36. The company has a market cap of $1.24 billion, a P/E ratio of -33.88 and a beta of 2.63. The firm has a 50-day moving average price of $4.52 and a 200 day moving average price of $4.29.

Frontier Group (NASDAQ:ULCC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($0.31) earnings per share for the quarter, missing analysts' consensus estimates of ($0.28) by ($0.03). Frontier Group had a negative net margin of 0.87% and a negative return on equity of 12.56%. The company had revenue of $929.00 million for the quarter, compared to analysts' expectations of $951.92 million. During the same period in the previous year, the firm earned $0.14 earnings per share. The firm's quarterly revenue was down 4.5% on a year-over-year basis. Frontier Group has set its Q3 2025 guidance at -0.420--0.260 EPS. As a group, sell-side analysts predict that Frontier Group will post 0.91 earnings per share for the current fiscal year.

About Frontier Group

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.