Frontline Stock Today

FRO Stock  USD 16.78  1.29  7.14%   

Performance

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Odds Of Distress

Less than 2

 
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Frontline is selling at 16.78 as of the 28th of November 2024; that is 7.14 percent decrease since the beginning of the trading day. The stock's open price was 18.07. Frontline has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over 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 30th of August 2024 and ending today, the 28th of November 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 7.14 M shares are currently shorted by investors with about 3.2 days to cover. More on Frontline

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Frontline Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORobert MaCleod
Thematic IdeaTransportation (View all Themes)
Old Names[Fröhlich Bau Akteingesellschaft, Fröhlich Bau Akteingesellschaft]
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, Oslo Exchange Mutual, WSE WIG INDEX, Warsaw WIG80 Index, WIG Dividend, Oslo All Share, OBX Industrials GR, Oslo OBX Stock, OSE Benchmark, Transportation, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.220.3063
Way Down
Slightly volatile
Gross Profit Margin0.510.4307
Fairly Up
Very volatile
Net Debt1.8 B3.2 B
Way Down
Slightly volatile
Total Current Liabilities319 M409.1 M
Significantly Down
Slightly volatile
Non Current Liabilities Total1.7 B3.2 B
Way Down
Slightly volatile
Total AssetsB5.9 B
Way Down
Slightly volatile
Total Current Assets485.6 M727.9 M
Way Down
Slightly volatile
Debt Levels
Frontline can leverage 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.
Liquidity
Frontline has 3.46 B in debt with debt to equity (D/E) ratio of 1.22, which is OK given its current industry classification. Frontline has a current ratio of 1.04, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Frontline to invest in growth at high rates of return.

Other Non Cash Items

(31.71 Million)
Frontline (FRO) is traded on New York Stock Exchange in USA. It is located in Iris House, Limassol, Cyprus, 3106 and employs 88 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 4.02 B. Frontline runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 222.62 M outstanding shares of which 7.14 M shares are currently shorted by investors with about 3.2 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 Allocation
Frontline holds 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. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Frontline Ownership Details

Frontline Stock Institutional Holders

InstituionRecorded OnShares
M&g Plc2024-06-30
873.3 K
Skandinaviska Enskilda Banken Ab2024-09-30
748 K
Smead Capital Management Inc2024-09-30
670.6 K
Paradiem, Llc2024-09-30
624 K
Morgan Stanley - Brokerage Accounts2024-06-30
614.4 K
Nuveen Asset Management, Llc2024-06-30
546.9 K
Manufacturers Life Insurance Co2024-09-30
527.5 K
Aventail Capital Group, Lp2024-09-30
506.3 K
Barclays Plc2024-06-30
466.4 K
Arrowstreet Capital Limited Partnership2024-06-30
6.7 M
Vanguard Group Inc2024-09-30
5.4 M
View Frontline Diagnostics

Frontline Historical Income Statement

At this time, Frontline's Income Before Tax is very stable compared to the past year. As of the 28th of November 2024, Net Income is likely to grow to about 689.2 M, while Depreciation And Amortization is likely to drop about 135.7 M. View More Fundamentals

Frontline Stock Against Markets

Frontline Corporate Executives

Elected by the shareholders, the Frontline's board of directors comprises two types of representatives: Frontline inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Frontline. The board's role is to monitor Frontline's management team and ensure that shareholders' interests are well served. Frontline's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Frontline's outside directors are responsible for providing unbiased perspectives on the board's policies.
Inger KlempChief Financial Officer of Frontline Management AS, Principal Financial OfficerProfile
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 closely tied 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.
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Is Oil & Gas Storage & Transportation space 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
(0.19)
Dividend Share
1.91
Earnings Share
2.67
Revenue Per Share
8.654
Quarterly Revenue Growth
0.084
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.