Frontier Group (NASDAQ:ULCC) Shares Gap Down – Here’s Why

by · The Cerbat Gem

Frontier Group Holdings, Inc. (NASDAQ:ULCCGet Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $4.84, but opened at $4.65. Frontier Group shares last traded at $4.7240, with a volume of 467,017 shares traded.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ULCC shares. Susquehanna upped their price objective on shares of Frontier Group from $3.00 to $4.00 and gave the company a “neutral” rating in a research note on Friday, October 3rd. Morgan Stanley reduced their target price on Frontier Group from $9.00 to $8.00 and set an “equal weight” rating for the company in a research note on Monday, December 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Frontier Group in a report on Monday, December 29th. Bank of America reissued an “underperform” rating and set a $4.00 price target (down previously from $5.00) on shares of Frontier Group in a report on Tuesday. Finally, Citigroup initiated coverage on Frontier Group in a research report on Thursday, December 4th. They set a “neutral” rating and a $5.00 price target for the company. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $6.25.

Check Out Our Latest Research Report on Frontier Group

Frontier Group Stock Performance

The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 0.79. The stock has a market cap of $1.09 billion, a P/E ratio of -7.83 and a beta of 2.55. The firm’s 50-day moving average is $4.51 and its two-hundred day moving average is $4.45.

Frontier Group (NASDAQ:ULCCGet Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported ($0.34) EPS for the quarter, hitting the consensus estimate of ($0.34). Frontier Group had a negative net margin of 3.65% and a negative return on equity of 25.73%. The company had revenue of $886.00 million for the quarter, compared to analyst estimates of $900.07 million. During the same quarter in the prior year, the business posted ($0.05) EPS. Frontier Group’s quarterly revenue was down 5.2% on a year-over-year basis. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. As a group, research analysts expect that Frontier Group Holdings, Inc. will post 0.91 EPS for the current year.

Insider Transactions at Frontier Group

In related news, CEO Barry Biffle sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $5.54, for a total value of $554,000.00. Following the completion of the transaction, the chief executive officer owned 731,836 shares in the company, valued at $4,054,371.44. The trade was a 12.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Steve Schuller sold 5,000 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $6.00, for a total value of $30,000.00. Following the completion of the transaction, the senior vice president directly owned 77,312 shares of the company’s stock, valued at approximately $463,872. The trade was a 6.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 305,000 shares of company stock worth $1,670,444. 48.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ULCC. Caitong International Asset Management Co. Ltd acquired a new stake in Frontier Group during the 3rd quarter valued at $27,000. Ameritas Investment Partners Inc. increased its stake in Frontier Group by 130.0% in the second 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 last quarter. CWM LLC raised its position in Frontier Group by 165.0% during the second quarter. CWM LLC now owns 10,042 shares of the company’s stock valued at $36,000 after purchasing an additional 6,253 shares in the last quarter. Baron Wealth Management LLC bought a new stake in Frontier Group during the second quarter worth $37,000. Finally, MQS Management LLC acquired a new stake in shares of Frontier Group in the 2nd quarter valued at $37,000.

About Frontier Group

(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.

Recommended Stories