Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Frontline Plc (NYSE: FRO) closed the day trading at $17.53 down -5.65% from the previous closing price of $18.58. In other words, the price has decreased by -$5.65% from its previous closing price. On the day, 4.58 million shares were traded. FRO stock price reached its highest trading level at $18.1 during the session, while it also had its lowest trading level at $17.505.
Ratios:
For a better understanding of FRO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.69. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 1.58 whereas as Long-Term Debt/Eq ratio is at 1.44.
On October 07, 2024, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $30.
Jefferies Upgraded its Hold to Buy on March 21, 2024, whereas the target price for the stock was revised from $22 to $30.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FRO now has a Market Capitalization of 3902581504 and an Enterprise Value of 7134265344. As of this moment, Frontline’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.21, and their Forward P/E ratio for the next fiscal year is 5.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 3.755 whereas that against EBITDA is 8.267.
Stock Price History:
The Beta on a monthly basis for FRO is 0.31, which has changed by -0.3283525 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, FRO has reached a high of $26.53, while it has fallen to a 52-week low of $12.40. The 50-Day Moving Average of the stock is 0.72%, while the 200-Day Moving Average is calculated to be -2.09%.
Shares Statistics:
Over the past 3-months, FRO traded about 3.08M shares per day on average, while over the past 10 days, FRO traded about 4311410 shares per day. A total of 222.62M shares are outstanding, with a floating share count of 143.15M. Insiders hold about 35.70% of the company’s shares, while institutions hold 25.49% stake in the company. Shares short for FRO as of 1748563200 were 7468822 with a Short Ratio of 2.42, compared to 1745971200 on 7563757. Therefore, it implies a Short% of Shares Outstanding of 7468822 and a Short% of Float of 5.2199997.
Dividends & Splits
FRO’s forward annual dividend rate is 1.34, up from 1.34 a year ago. Against a Trailing Annual Dividend Yield of 0.07212056The stock’s 5-year Average Dividend Yield is 11.48. The current Payout Ratio is 87.60% for FRO, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1749686400. Stock splits for the company last occurred on 2016-02-03 when the company split stock in a 1:5 ratio.
