Frontline Plc (NYSE:FRO) currently has a daily average trading volume of 2.85M but it saw 1664828 shares traded in last market. With a market cap of 4.07B USD, the company’s current market price of $18.29 came rising about 0.16 while comparing to the previous closing price of $18.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.68 and as low as $12.40. In the recent trading on the day, stock has struck highest price mark of $18.085 while lowest mark touched by it was $18.43.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Kepler which downgraded the stock as “Hold” in its note to investors issued on December 12, 2024, recommending a price target of $15.83 for it. BTIG Research upgraded its recommendation for the stock as a “Buy” from “Neutral” on October 07, 2024 while assigning a price target of $30. Jefferies issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $22 and $30.
Over the week, FRO’s stock price is moving 2.12% up while it is -7.35% when we observe its performance for the past one month. Year-to-date it is -22.30% down and over the past year, the stock is showing an upside performance of 28.89%.
The company is expected to be releasing its next quarterly report on 2025-May-23, for which analysts forecasted an EPS of 0.53 while estimate for next year EPS is 1.94. In next quarter, company is expected to be making quarterly sales of $299.63M as analysts are expecting the sales for current fiscal year at $1.26B and seeing the company making $1.39B in sales next year. Moreover, analysts are in estimates of $325.98M for current-quarter revenue.
Currently, Frontline Plc’s total number of outstanding shares is 222.62M with 35.79% of that held by the insiders while 30.31% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.13% and return on equity (ROE) at 14.79%. It has a price to earnings ratio (P/E ratio) of 11.70 while having a 5.97 of forward P/E ratio. Stock’s beta reads 0.23. Stock has a price to book (P/B) ratio of 1.75 while price to sale or P/S ratio amounts to 2.14. Its return on asset (ROA) is 5.45% on average.
