Frontline Stock Today
FRO Stock | USD 24.04 0.31 1.27% |
Performance7 of 100
| Odds Of DistressLess than 1
|
Frontline is selling at 24.04 as of the 17th of April 2024; that is -1.27 percent down since the beginning of the trading day. The stock's open price was 24.35. Frontline has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Frontline are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 6th of August 2001 |
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. The company was founded in 1985 and is based in Hamilton, Bermuda. Frontline operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. The company has 222.62 M outstanding shares of which 7.05 M shares are currently shorted by investors with about 3.53 days to cover. More on Frontline
Moving together with Frontline Stock
0.72 | AM | Antero Midstream Partners Earnings Call Next Week | PairCorr |
0.8 | ET | Energy Transfer LP Financial Report 7th of May 2024 | PairCorr |
0.82 | VNOM | Viper Energy Ut Financial Report 6th of May 2024 | PairCorr |
Moving against Frontline Stock
0.59 | TK | Teekay | PairCorr |
0.59 | FLNG | FLEX LNG Financial Report 21st of May 2024 | PairCorr |
0.53 | EURN | Euronav NV Financial Report 9th of May 2024 | PairCorr |
0.45 | CQP | Cheniere Energy Partners Financial Report 7th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 29th of May 2024
Frontline Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Frontline's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Frontline or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Robert MaCleod | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Transportation (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Names | [Fröhlich Bau Akteingesellschaft, Fröhlich Bau Akteingesellschaft] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, Oslo Exchange Mutual, WSE WIG INDEX, Warsaw WIG80 Index, WIG Dividend, Transportation, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Frontline report their recommendations after researching Frontline's financial statements, talking to executives and customers, or listening in on Frontline's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Frontline. The Frontline consensus assessment is calculated by taking the average forecast from all of the analysts covering Frontline. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the measurements of operating efficiency obtained from Frontline's historical financial statements, Frontline is performing exceptionally good at this time. It has a great risk to report excellent financial results in May. Financial strength of Frontline is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Frontline's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Frontline's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Frontline's financial leverage. It provides some insight into what part of Frontline's total assets is financed by creditors.
|
Frontline (FRO) is traded on New York Stock Exchange in USA. It is located in Iris House, Limassol, Cyprus, 3106 and employs 16 people. Frontline is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Frontline's market, we take the total number of its shares issued and multiply it by Frontline's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Frontline runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 222.62 M outstanding shares of which 7.05 M shares are currently shorted by investors with about 3.53 days to cover.
Frontline has about 113.07 M in cash with 856.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.4.
Check Frontline Probability Of Bankruptcy
Ownership AllocationFrontline retains a total of 222.62 Million outstanding shares. Frontline retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Frontline Ownership Details
Frontline Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Frontline jumping above the current price in 90 days from now is about 7.26%. The Frontline probability density function shows the probability of Frontline stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Frontline has a beta of 0.0335. This usually indicates as returns on the market go up, Frontline average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Frontline will be expected to be much smaller as well. Additionally, frontline has an alpha of 0.2312, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Frontline to move above the current price in 90 days from now is about 7.26 (This Frontline probability density function shows the probability of Frontline Stock to fall within a particular range of prices over 90 days) .
Frontline Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Frontline that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Frontline's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Frontline's value.Instituion | Recorded On | Shares | |
Lmr Partners Llp | 2023-12-31 | 1.1 M | |
Forest Avenue Capital Management Lp | 2023-12-31 | 1.1 M | |
Melqart Asset Management (uk) Ltd. | 2023-12-31 | 906.9 K | |
Hsbc Holdings Plc | 2023-12-31 | 692 K | |
Qube Research & Technologies | 2023-12-31 | 614.3 K | |
Morgan Stanley - Brokerage Accounts | 2023-12-31 | 552.9 K | |
Bank Of New York Mellon Corp | 2023-12-31 | 501.6 K | |
Smead Capital Management Inc | 2023-12-31 | 500.8 K | |
Citigroup Inc | 2023-12-31 | 478.5 K | |
Arrowstreet Capital Limited Partnership | 2023-12-31 | 5.4 M | |
Two Sigma Advisers, Llc | 2023-12-31 | 4.1 M |
Frontline Historical Income Statement
Frontline Income Statement is one of the three primary financial statements used for reporting Frontline's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Frontline revenue and expense. Frontline Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Frontline's Income Before Tax is very stable compared to the past year. As of the 17th of April 2024, Net Income is likely to grow to about 689.2 M, while Depreciation And Amortization is likely to drop about 135.6 M. View More FundamentalsFrontline Stock Against Markets
Picking the right benchmark for Frontline stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Frontline stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Frontline is critical whether you are bullish or bearish towards Frontline at a given time. Please also check how Frontline's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Frontline without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run AI Investment Finder Now
AI Investment FinderUse AI to screen and filter profitable investment opportunities |
All Next | Launch Module |
Frontline Corporate Directors
Frontline corporate directors refer to members of a Frontline board of directors. The board of directors generally takes responsibility for the Frontline's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Frontline's board members must vote for the resolution. The Frontline board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Ulrika Laurin | Independent Director | Profile | |
Tor Svelland | Independent Director | Profile | |
James OShaughnessy | Independent Director | Profile | |
Georgina Sousa | Director | Profile |
How to buy Frontline Stock?
Before investing in Frontline, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Frontline. To buy Frontline stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Frontline. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Frontline stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Frontline stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Frontline stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Frontline, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Frontline Stock please use our How to Invest in Frontline guide.
Already Invested in Frontline?
The danger of trading Frontline is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Frontline is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Frontline. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Frontline is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Frontline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontline Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Frontline Stock analysis
When running Frontline's price analysis, check to measure Frontline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Frontline is operating at the current time. Most of Frontline's value examination focuses on studying past and present price action to predict the probability of Frontline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontline's price. Additionally, you may evaluate how the addition of Frontline to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |
Is Frontline's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Frontline. If investors know Frontline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Frontline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.51) | Dividend Share 2.17 | Earnings Share 3.52 | Revenue Per Share 8.095 | Quarterly Revenue Growth (0.22) |
The market value of Frontline is measured differently than its book value, which is the value of Frontline that is recorded on the company's balance sheet. Investors also form their own opinion of Frontline's value that differs from its market value or its book value, called intrinsic value, which is Frontline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Frontline's market value can be influenced by many factors that don't directly affect Frontline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Frontline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.