Frontier Group (ULCC) Projected to Post Quarterly Earnings on Thursday

Frontier Group (NASDAQ:ULCC - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.02 per share and revenue of $996.05 million for the quarter. Frontier Group has set its Q1 2025 guidance at 0.000-0.070 EPS and its FY 2025 guidance at 1.000- EPS.

Frontier Group (NASDAQ:ULCC - Get Free Report) last posted its quarterly earnings data on Friday, February 7th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.20. Frontier Group had a return on equity of 9.83% and a net margin of 2.25%. On average, analysts expect Frontier Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Frontier Group Trading Down 1.9 %

Shares of Frontier Group stock traded down $0.06 during midday trading on Tuesday, reaching $3.13. The company had a trading volume of 4,595,712 shares, compared to its average volume of 2,572,533. The stock has a fifty day moving average price of $4.95 and a 200 day moving average price of $6.39. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.53 and a quick ratio of 0.48. The firm has a market cap of $711.29 million, a PE ratio of 8.69 and a beta of 2.52. Frontier Group has a fifty-two week low of $2.79 and a fifty-two week high of $10.26.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on ULCC shares. Deutsche Bank Aktiengesellschaft lowered Frontier Group from a "buy" rating to a "hold" rating and dropped their price target for the company from $12.00 to $8.00 in a research note on Tuesday, March 4th. Bank of America dropped their price target on Frontier Group from $10.00 to $7.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Susquehanna dropped their price target on Frontier Group from $9.00 to $3.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. Morgan Stanley boosted their price target on Frontier Group from $7.00 to $10.00 and gave the company an "equal weight" rating in a research note on Monday, February 24th. Finally, Barclays dropped their price target on Frontier Group from $14.00 to $10.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. One 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.com, Frontier Group presently has an average rating of "Hold" and an average price target of $6.11.

Insider Transactions at Frontier Group

In related news, SVP Alexandre Clerc sold 15,152 shares of the company's stock in a transaction on Friday, March 7th. The stock was 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Howard Diamond sold 87,830 shares of the company's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $8.77, for a total value of $770,269.10. Following the sale, the executive vice president now owns 175,886 shares of the company's stock, valued at $1,542,520.22. This trade represents a 33.30 % decrease in their position. The disclosure for this sale can be found here. 48.00% of the stock is owned by insiders.

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.