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

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.

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC - Get Free Report) have been assigned an average rating of "Hold" from the nine ratings firms that are covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $5.8125.

Several research analysts have recently weighed in on the company. Bank of America cut their price target on Frontier Group from $4.75 to $4.00 and set a "neutral" rating for the company in a research note on Tuesday, July 1st. Deutsche Bank Aktiengesellschaft upgraded shares of Frontier Group from a "hold" rating to a "buy" rating and increased their target price for the stock from $4.00 to $8.00 in a research report on Tuesday, September 2nd. UBS Group reduced their target price on shares of Frontier Group from $4.00 to $3.50 and set a "neutral" rating for the company in a research note on Wednesday, August 6th. Finally, Morgan Stanley dropped their price target on shares of Frontier Group from $10.00 to $9.00 and set an "equal weight" rating on the stock in a research note on Monday, May 19th.

Frontier Group Stock Performance

Shares of ULCC stock traded up $0.26 during trading hours on Friday, hitting $5.54. 1,729,114 shares of the company were exchanged, compared to its average volume of 3,855,973. The company has a current ratio of 0.41, a quick ratio of 0.36 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -34.59 and a beta of 2.62. The firm has a fifty day simple moving average of $4.47 and a 200 day simple moving average of $4.27. Frontier Group has a 52-week low of $2.89 and a 52-week high of $10.26.

Frontier Group (NASDAQ:ULCC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate 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 firm had revenue of $929.00 million during the quarter, compared to analysts' expectations of $951.92 million. During the same quarter in the previous year, the company posted $0.14 EPS. Frontier Group's revenue for the quarter was down 4.5% on a year-over-year basis. Frontier Group has set its Q3 2025 guidance at -0.420--0.260 EPS. Research analysts predict that Frontier Group will post 0.91 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Frontier Group

A number of large investors have recently made changes to their positions in the stock. U S Global Investors Inc. raised its stake in shares of Frontier Group by 59.2% during the 2nd quarter. U S Global Investors Inc. now owns 6,204,862 shares of the company's stock valued at $22,524,000 after purchasing an additional 2,306,248 shares during the period. Towle & Co. increased its position in shares of Frontier Group by 6.1% during the fourth quarter. Towle & Co. now owns 2,348,882 shares of the company's stock valued at $16,701,000 after buying an additional 134,723 shares during the period. Par Capital Management Inc. increased its position in shares of Frontier Group by 1.2% during the second quarter. Par Capital Management Inc. now owns 2,181,100 shares of the company's stock valued at $7,917,000 after buying an additional 25,000 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Frontier Group by 24.9% in the second quarter. Geode Capital Management LLC now owns 2,060,452 shares of the company's stock worth $7,481,000 after buying an additional 410,392 shares in the last quarter. Finally, Voloridge Investment Management LLC boosted its position in shares of Frontier Group by 835.6% in the fourth quarter. Voloridge Investment Management LLC now owns 1,702,008 shares of the company's stock valued at $12,101,000 after acquiring an additional 1,520,094 shares during the period.

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.