Frontier Group (ULCC) Expected to Announce Earnings on Thursday

Frontier Group (NASDAQ:ULCC) is projected to issue its Q1 2025 quarterly earnings data 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) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate 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 Stock Performance

Shares of ULCC opened at $3.19 on Tuesday. Frontier Group has a 1 year low of $2.79 and a 1 year high of $10.26. The stock has a market capitalization of $724.92 million, a PE ratio of 8.86 and a beta of 2.52. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.48 and a current ratio of 0.53. The stock has a 50-day simple moving average of $5.06 and a 200-day simple moving average of $6.42.

Insider Activity at Frontier Group

In other Frontier Group news, SVP Alexandre Clerc sold 15,152 shares of the company’s stock in a transaction that occurred 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 directly owns 23,912 shares of the company’s stock, valued at $158,536.56. This represents a 38.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Howard Diamond sold 87,830 shares of Frontier Group stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $8.77, for a total value of $770,269.10. Following the completion of the transaction, the executive vice president now owns 175,886 shares in the company, valued at $1,542,520.22. This trade represents a 33.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 48.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Barclays decreased their price target on shares of Frontier Group from $14.00 to $10.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Morgan Stanley boosted their target price on shares of Frontier Group from $7.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Monday, February 24th. Susquehanna cut 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. Evercore ISI lowered their price objective on Frontier Group from $7.00 to $5.00 and set an “in-line” rating for the company in a research report on Friday, April 11th. Finally, Deutsche Bank Aktiengesellschaft lowered Frontier Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $12.00 to $8.00 in a research report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the stock 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.