Frontier Group Holdings, Inc. (NASDAQ:ULCC) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Frontier Group Holdings, Inc. has received an average rating of “Hold” from ten analysts, with nine ratings indicating a hold and one indicating a buy.
• The company recently reported a quarterly loss of ($0.31) earnings per share, missing expectations, and a revenue decline of 4.5% compared to the previous year.
• Several analysts have recently lowered their price targets for Frontier Group, with Morgan Stanley now setting a price target of $9.00.

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC - Get Free Report) have received a consensus rating of "Hold" from the ten analysts that are currently covering the firm, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $5.6111.

Several equities analysts have recently weighed in on the stock. Bank of America cut their target price on shares of Frontier Group from $4.75 to $4.00 and set a "neutral" rating for the company in a report on Tuesday, July 1st. UBS Group cut their target price on shares of Frontier Group from $4.00 to $3.50 and set a "neutral" rating for the company in a report on Wednesday, August 6th. Finally, Morgan Stanley cut their target price on shares of Frontier Group from $10.00 to $9.00 and set an "equal weight" rating for the company in a report on Monday, May 19th.

Insider Buying and Selling at Frontier Group

In other news, SVP Alexandre Clerc sold 12,000 shares of Frontier Group stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $3.89, for a total transaction of $46,680.00. Following the completion of the transaction, the senior vice president directly owned 11,912 shares of the company's stock, valued at $46,337.68. The trade was a 50.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 48.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Frontier Group

Institutional investors have recently made changes to their positions in the company. Byrne Asset Management LLC acquired a new stake in Frontier Group in the 1st quarter valued at $35,000. Ameritas Investment Partners Inc. grew its stake in Frontier Group by 130.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,643 shares of the company's stock valued at $31,000 after acquiring an additional 4,885 shares during the period. CWM LLC grew its stake in Frontier Group by 165.0% in the 2nd quarter. CWM LLC now owns 10,042 shares of the company's stock valued at $36,000 after acquiring an additional 6,253 shares during the period. Baron Wealth Management LLC acquired a new stake in Frontier Group in the 2nd quarter valued at $37,000. Finally, MQS Management LLC acquired a new stake in Frontier Group in the 2nd quarter valued at $37,000.

Frontier Group Stock Performance

ULCC traded up $0.41 during trading on Monday, reaching $4.56. 4,377,743 shares of the company's stock were exchanged, compared to its average volume of 5,075,417. Frontier Group has a 1 year low of $2.89 and a 1 year 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 stock has a market capitalization of $1.04 billion, a P/E ratio of -28.50 and a beta of 2.62. The company's fifty day simple moving average is $4.02 and its 200-day simple moving average is $4.71.

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