Key Points
- Frontier Group VP Trevor Stedke sold 83,110 shares on May 7 at an average price of $5.41, totaling about $449,625. After the sale, he still held 167,277 shares, a 33.19% reduction in his position.
- Frontier Group reported better-than-expected quarterly results, posting a loss of $0.30 per share versus the $0.37 estimate and revenue of $1.07 billion, which beat expectations and rose 16.8% year over year.
- Analysts remain cautious on ULCC, with a consensus rating of “Reduce” and an average target price of $5.06, even as some firms recently raised price targets or adjusted ratings.
Frontier Group Holdings, Inc. (NASDAQ:ULCC - Get Free Report) VP Trevor Stedke sold 83,110 shares of Frontier Group stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $5.41, for a total value of $449,625.10. Following the transaction, the vice president owned 167,277 shares in the company, valued at $904,968.57. This trade represents a 33.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Frontier Group Trading Down 4.9%
NASDAQ:ULCC opened at $5.03 on Tuesday. Frontier Group Holdings, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $6.66. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.49 and a quick ratio of 0.44. The stock has a market capitalization of $1.16 billion, a PE ratio of -3.14 and a beta of 2.41. The business's 50-day simple moving average is $3.85 and its 200-day simple moving average is $4.46.
Frontier Group (NASDAQ:ULCC - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.07. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.The business had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.04 billion. During the same quarter in the previous year, the business posted ($0.19) EPS. Frontier Group's revenue for the quarter was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600--0.45 EPS. Sell-side analysts expect that Frontier Group Holdings, Inc. will post -1.22 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
ULCC has been the topic of several recent analyst reports. Susquehanna lifted their price objective on Frontier Group from $3.40 to $4.50 and gave the company a "neutral" rating in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft cut Frontier Group from a "buy" rating to a "hold" rating and set a $6.00 price objective on the stock. in a report on Tuesday, February 10th. Wall Street Zen upgraded Frontier Group from a "strong sell" rating to a "sell" rating in a report on Saturday, May 2nd. Citigroup lifted their price objective on Frontier Group from $3.50 to $4.90 and gave the company a "neutral" rating in a report on Monday, May 4th. Finally, Barclays restated an "underweight" rating and issued a $4.00 target price (down from $6.00) on shares of Frontier Group in a research note on Monday, March 2nd. Five investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus target price of $5.06.
View Our Latest Stock Report on Frontier Group
Institutional Investors Weigh In On Frontier Group
Several institutional investors have recently bought and sold shares of the company. Atlas Wealth LLC bought a new stake in Frontier Group in the 1st quarter valued at approximately $33,000. U S Global Investors Inc. lifted its stake in Frontier Group by 63.9% in the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company's stock valued at $23,938,000 after acquiring an additional 2,643,448 shares in the last quarter. Hsbc Holdings PLC bought a new stake in Frontier Group in the 1st quarter valued at approximately $368,000. Y Intercept Hong Kong Ltd bought a new stake in Frontier Group in the 1st quarter valued at approximately $60,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in Frontier Group by 237.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 20,463 shares of the company's stock valued at $96,000 after acquiring an additional 14,396 shares in the last quarter.
Frontier Group Company Profile
(
Get Free Report)
Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.
Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.
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