In the latest trading session,, 0.82 million Frontline Plc (NYSE:FRO) shares changed hands as the company’s beta touched 0.31. With the company’s most recent per share price at $17.58 changing hands around $0.1 or 0.57% at last look, the market valuation stands at $3.91B. FRO’s current price is a discount, trading about -52.16% off its 52-week high of $26.75. The share price had its 52-week low at $12.40, which suggests the last value was 29.47% up since then. When we look at Frontline Plc’s average trading volume, we note the 10-day average is 2.7 million shares, with the 3-month average coming to 2.92 million.
Analysts gave the Frontline Plc (FRO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended FRO as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Frontline Plc’s EPS for the current quarter is expected to be 0.53.
Frontline Plc (NYSE:FRO) trade information
Instantly FRO is in green as seen in intraday trades today. With action -1.51%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 23.89%, with the 5-day performance at -1.51% in the red. However, in the 30-day time frame, Frontline Plc (NYSE:FRO) is 1.33% up. Looking at the short shares, we see there were 8.38 million shares sold at short interest cover period of 3.29 days.
The consensus price target for the stock as assigned by Wall Street analysts is 12.49, meaning bulls need a downside of -40.75% from its recent market value. According to analyst projections, FRO’s forecast low is 12.49 with 12.49 as the target high. To hit the forecast high, the stock’s price needs a 28.95% surge from its current level, while the stock would need to tank 28.95% for it to hit the projected low.
Frontline Plc (FRO) estimates and forecasts
Year-over-year growth is forecast to reach -1.39% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 325.98M. 4 analysts are of the opinion that Frontline Plc’s revenue for the current quarter will be 299.63M. The company’s revenue for the corresponding quarters a year ago was 556.03M and 295.33M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -41.37%. The estimates for the next quarter sales put growth at 1.45%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 22.52%. The 2025 estimates are for Frontline Plc earnings to decrease by -6.41%, but the outlook for the next 5-year period is at 18.07% per year.
FRO Dividends
Frontline Plc is expected to release its next quarterly earnings report on 2025-May-22. The 10.13% annual yield figure for the share gives it an annual dividend of 1.78. It is important to note, however, that the 10.13% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 11.48 per year.
Frontline Plc (NYSE:FRO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 35.79% of Frontline Plc shares while 30.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 47.05%. There are 30.21% institutions holding the Frontline Plc stock share, with ARROWSTREET CAPITAL, LIMITED PARTNERSHIP the top institutional holder. As of 2024-06-30, the company held 3.0103% of the shares, roughly 6.7 million FRO shares worth $173.72 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.4155% or 5.38 million shares worth $138.52 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund . With 2.0 shares estimated at $35.17 million under it, the former controlled 0.98% of total outstanding shares. On the other hand, VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund held about 0.62% of the shares, roughly 1.26 shares worth around $22.17 million.
