Frontier Group (NASDAQ:ULCC - Get Free Report) updated its first quarter 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.000-0.070 for the period, compared to the consensus estimate of -0.040. The company issued revenue guidance of -. Frontier Group also updated its FY 2025 guidance to 1.000- EPS.
Analysts Set New Price Targets
A number of research analysts have recently commented on ULCC shares. Barclays increased their price objective on Frontier Group from $10.00 to $14.00 and gave the company an "overweight" rating in a report on Monday. UBS Group lifted their price target on shares of Frontier Group from $6.00 to $8.50 and gave the company a "neutral" rating in a research report on Tuesday, January 7th. Citigroup raised their target price on shares of Frontier Group from $4.70 to $7.15 and gave the company a "neutral" rating in a research note on Tuesday, October 22nd. Morgan Stanley cut their target price on shares of Frontier Group from $8.00 to $7.00 and set an "equal weight" rating for the company in a research report on Wednesday, December 11th. Finally, Deutsche Bank Aktiengesellschaft raised Frontier Group from a "hold" rating to a "buy" rating and raised their price target for the company from $6.00 to $8.00 in a research report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Frontier Group currently has an average rating of "Hold" and a consensus target price of $7.41.
View Our Latest Research Report on Frontier Group
Frontier Group Price Performance
ULCC traded down $0.40 during midday trading on Tuesday, hitting $9.67. The company had a trading volume of 1,242,386 shares, compared to its average volume of 2,650,746. Frontier Group has a twelve month low of $2.79 and a twelve month high of $10.26. The firm's 50-day simple moving average is $7.53 and its 200-day simple moving average is $5.84. The company has a market capitalization of $2.18 billion, a PE ratio of -242.56 and a beta of 2.35. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.48 and a current ratio of 0.53.
Frontier Group (NASDAQ:ULCC - Get Free Report) last released its earnings results on Friday, February 7th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.03 by $0.20. Equities research analysts predict that Frontier Group will post 0.12 EPS for the current fiscal year.
Insider Buying and Selling at Frontier Group
In other Frontier Group news, Director Josh T. Connor sold 30,000 shares of the firm's stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $5.74, for a total transaction of $172,200.00. Following the transaction, the director now owns 326,550 shares in the company, valued at approximately $1,874,397. This trade represents a 8.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Barry Biffle sold 160,000 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $6.88, for a total transaction of $1,100,800.00. Following the completion of the sale, the chief executive officer now owns 784,817 shares in the company, valued at approximately $5,399,540.96. This trade represents a 16.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 788,000 shares of company stock worth $6,214,070. Insiders own 81.50% of the company's stock.
About Frontier Group
(
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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.
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