Frontline Plc [NYSE: FRO] loss -5.33% on the last trading session, reaching $14.91 price per share at the time.
If compared to the average trading volume of 3.42M shares, FRO reached a trading volume of 4159925 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Frontline Plc [FRO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FRO shares is $24.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FRO stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Kepler have made an estimate for Frontline Plc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 12, 2024. The new note on the price target was released on October 07, 2024, representing the official price target for Frontline Plc stock. Previously, the target price had yet another raise from $22 to $30, while Jefferies kept a Buy rating on FRO stock. On January 09, 2024, analysts increased their price target for FRO shares from 17 to 26.
The Average True Range (ATR) for Frontline Plc is set at 0.70, with the Price to Sales ratio for FRO stock in the period of the last 12 months amounting to 1.62. The Price to Book ratio for the last quarter was 1.42, with the Price to Cash per share for the same quarter was set at 1.88.
Trading performance analysis for FRO stock
Frontline Plc [FRO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.67. With this latest performance, FRO shares dropped by -6.64% in over the last four-week period, additionally sinking by -34.29% over the last 6 months – not to mention a drop of -35.26% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FRO stock in for the last two-week period is set at 39.25, with the RSI for the last a single of trading hit 34.77, and the three-weeks RSI is set at 41.81 for Frontline Plc [FRO]. The present Moving Average for the last 50 days of trading for this stock 16.66, while it was recorded at 15.83 for the last single week of trading, and 20.13 for the last 200 days.
Frontline Plc [FRO]: A deeper dive into fundamental analysis
Frontline Plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.43 and a Current Ratio set at 1.39.
Frontline Plc [FRO]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FRO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Frontline Plc go to 19.06%.
An analysis of Institutional ownership at Frontline Plc [FRO]
There are presently around $28.39%, or 44.21%% of FRO stock, in the hands of institutional investors. The top three institutional holders of FRO stocks are: ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with ownership of 6.7 million shares, which is approximately 3.0103%. VANGUARD GROUP INC, holding 5.38 million shares of the stock with an approximate value of $$138.52 million in FRO stocks shares; and VANGUARD GROUP INC, currently with $$135.19 million in FRO stock with ownership which is approximately 2.3573%.
