Market Insight: Frontline Plc (FRO)’s Notable Drop%, Closing at $21.94

Kevin Freeman

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In the latest session, Frontline Plc (NYSE: FRO) closed at $21.94 down -4.53% from its previous closing price of $22.98. In other words, the price has decreased by -$4.53 from its previous closing price. On the day, 3.11 million shares were traded. FRO stock price reached its highest trading level at $22.47 during the session, while it also had its lowest trading level at $21.53.

Ratios:

For a deeper understanding of Frontline Plc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.38.

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 5115874304 and an Enterprise Value of 7992237056. As of this moment, Frontline’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.52, and their Forward P/E ratio for the next fiscal year is 7.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.68 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 4.382 whereas that against EBITDA is 10.131.

Stock Price History:

The Beta on a monthly basis for FRO is 0.14, which has changed by -0.093013644 over the last 52 weeks, in comparison to a change of 0.15927899 over the same period for the S&P500. Over the past 52 weeks, FRO has reached a high of $25.68, while it has fallen to a 52-week low of $12.40. The 50-Day Moving Average of the stock is 3.23%, while the 200-Day Moving Average is calculated to be 22.64%.

Shares Statistics:

For the past three months, FRO has traded an average of 2.27M shares per day and 2097110 over the past ten days. 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 27.96% stake in the company. Shares short for FRO as of 1757894400 were 6719602 with a Short Ratio of 2.96, compared to 1755216000 on 6469156. Therefore, it implies a Short% of Shares Outstanding of 6719602 and a Short% of Float of 4.6899999999999995.

Dividends & Splits

According to the company, the forward annual dividend rate for FRO is 1.08, from 1.08 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04699739. The 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 2025-06-12 with an ex-dividend date of 2025-09-12. Stock splits for the company last occurred on 2016-02-03 when the company split stock in a 1:5 ratio.

Earnings Estimates

The stock of Frontline Plc (FRO) is currently drawing attention from 5.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.86, with high estimates of $1.1 and low estimates of $0.6.

Analysts are recommending an EPS of between $2.34 and $1.31 for the fiscal current year, implying an average EPS of $1.74. EPS for the following year is $2.6, with 6.0 analysts recommending between $3.36 and $1.4.

Revenue Estimates

A total of 4 analysts believe the company’s revenue will be $259.62M this quarter.It ranges from a high estimate of $272.9M to a low estimate of $240.8M. As of. The current estimate, Frontline Plc’s year-ago sales were $295.33MFor the next quarter, 4 analysts are estimating revenue of $386.81M. There is a high estimate of $436.9M for the next quarter, whereas the lowest estimate is $333.3M.

A total of 4 analysts have provided revenue estimates for FRO’s current fiscal year. The highest revenue estimate was $1.33B, while the lowest revenue estimate was $1.11B, resulting in an average revenue estimate of $1.22B. In the same quarter a year ago, actual revenue was $1.28BBased on 4 analysts’ estimates, the company’s revenue will be $1.43B in the next fiscal year. The high estimate is $1.57B and the low estimate is $1.11B.

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