Frontline Plc (NYSE:FRO) shares traded 7.46% higher at $19.74 on Wall Street last session.
FRO stock price is now 17.50% away from the 50-day moving average and 9.44% away from the 200-day moving average. The market capitalization of the company currently stands at $4.39B.
With the price target maintained at $15.83, Kepler recently Downgraded its rating from Buy to Hold for Frontline Plc (NYSE: FRO). On October 07, 2024, BTIG Research Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $30, while ‘Jefferies’ rates the stock as ‘Buy’
A total of 35.70% of the company’s stock is owned by insiders.
During the past 12 months, Frontline Plc has had a low of $12.40 and a high of $26.53. As of last week, the company has a debt-to-equity ratio of 1.58, a current ratio of 1.82, and a quick ratio of 1.82. According to the stock market information, the enterprise value for the company is $7626262016, which is based on a 12.63 price-to-earnings ratio, a 0.70 price-to-earnings-growth ratio, and a beta of 0.31. The fifty day moving average price for FRO is $16.8002 and a two-hundred day moving average price translates $18.0367 for the stock.
The latest earnings results from Frontline Plc (NYSE: FRO) was released for 2025-03-31. The net profit margin was 18.32% and return on equity was 14.79% for FRO. The company reported revenue of $428.09 million for the quarter, compared to $621.14 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -31.08 percent. For the current quarter, analysts expect FRO to generate $325.98M in revenue.
