Frontier Group (NASDAQ:ULCC) Announces Earnings Results

Frontier Group (NASDAQ:ULCC - Get Free Report) posted its quarterly earnings data on Thursday, May 1st. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.03, Zacks reports. Frontier Group had a return on equity of 9.83% and a net margin of 2.25%. The company had revenue of $912.00 million for the quarter, compared to the consensus estimate of $996.05 million. During the same period in the previous year, the business earned ($0.09) EPS. Frontier Group's revenue for the quarter was up 5.4% compared to the same quarter last year. Frontier Group updated its Q2 2025 guidance to -0.370--0.23 EPS.

Frontier Group Stock Performance

NASDAQ:ULCC traded up $0.24 during midday trading on Thursday, reaching $3.73. 4,718,219 shares of the company traded hands, compared to its average volume of 2,647,506. The firm has a market capitalization of $849.24 million, a price-to-earnings ratio of 10.36 and a beta of 2.55. The company has a fifty day moving average price of $4.44 and a 200 day moving average price of $6.27. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.53 and a quick ratio of 0.48. Frontier Group has a twelve month low of $2.79 and a twelve month high of $10.26.

Insiders Place Their Bets

In other news, EVP Howard Diamond sold 87,830 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $8.77, for a total transaction of $770,269.10. Following the completion of the transaction, the executive vice president now owns 175,886 shares in the company, valued at approximately $1,542,520.22. This represents a 33.30 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Alexandre Clerc sold 15,152 shares of Frontier Group stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $6.63, for a total transaction of $100,457.76. Following the completion of the sale, the senior vice president now owns 23,912 shares in the company, valued at approximately $158,536.56. This represents a 38.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 48.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently issued reports on ULCC. Susquehanna cut their price target on shares of Frontier Group from $9.00 to $3.00 and set a "neutral" rating on the stock in a report on Monday, April 7th. Deutsche Bank Aktiengesellschaft cut shares of Frontier Group from a "buy" rating to a "hold" rating and reduced their price target for the stock from $12.00 to $8.00 in a research report on Tuesday, March 4th. Citigroup lowered their price objective on Frontier Group from $7.25 to $4.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Bank of America reduced their target price on Frontier Group from $10.00 to $7.00 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. Finally, UBS Group decreased their target price on Frontier Group from $7.00 to $4.00 and set a "neutral" rating for the company in a research report on Monday, April 7th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $6.11.

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.