The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Frontline Plc (NYSE: FRO) closed at $16.41 down -3.36% from its previous closing price of $16.98. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 2.43 million shares were traded. FRO stock price reached its highest trading level at $16.6688 during the session, while it also had its lowest trading level at $16.28.
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 8.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.32. 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 3780141824 and an Enterprise Value of 6884927488. As of this moment, Frontline’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.50, and their Forward P/E ratio for the next fiscal year is 5.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 3.624 whereas that against EBITDA is 7.978.
Stock Price History:
The Beta on a monthly basis for FRO is 0.29, which has changed by -0.3516397 over the last 52 weeks, in comparison to a change of 0.12632763 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 -6.65%, while the 200-Day Moving Average is calculated to be -7.83%.
Shares Statistics:
For the past three months, FRO has traded an average of 3.09M shares per day and 3782820 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 25.51% stake in the company. Shares short for FRO as of 1749772800 were 7708591 with a Short Ratio of 2.49, compared to 1747267200 on 8376548. Therefore, it implies a Short% of Shares Outstanding of 7708591 and a Short% of Float of 5.390000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for FRO is 1.34, from 1.34 in the trailing year. Against a Trailing Annual Dividend Yield of 0.07891638The 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.
