For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Frontline Plc (NYSE: FRO) closed at $17.48 down -0.85% from its previous closing price of $17.63. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 1.87 million shares were traded. FRO stock price reached its highest trading level at $17.68 during the session, while it also had its lowest trading level at $17.335.
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 8.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.67. 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 3924836608 and an Enterprise Value of 7123133952. As of this moment, Frontline’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.18, and their Forward P/E ratio for the next fiscal year is 5.74. 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 1.67. Its current Enterprise Value per Revenue stands at 3.749 whereas that against EBITDA is 8.254.
Stock Price History:
The Beta on a monthly basis for FRO is 0.31, which has changed by -0.3256173 over the last 52 weeks, in comparison to a change of 0.11730647 over the same period for the S&P500. Over the past 52 weeks, FRO has reached a high of $26.75, while it has fallen to a 52-week low of $12.40. The 50-Day Moving Average of the stock is 5.79%, while the 200-Day Moving Average is calculated to be -3.70%.
Shares Statistics:
For the past three months, FRO has traded an average of 2.94M shares per day and 2701130 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 25.49% stake in the company. Shares short for FRO as of 1747267200 were 8376548 with a Short Ratio of 2.85, compared to 1744675200 on 6649316. Therefore, it implies a Short% of Shares Outstanding of 8376548 and a Short% of Float of 5.86.
Dividends & Splits
According to the company, the forward annual dividend rate for FRO is 1.78, from 1.34 in the trailing year. Against a Trailing Annual Dividend Yield of 0.07602837The 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.
