News Image

Evaluating NYSE:FRO for Growth Investment Opportunities.

By Mill Chart

Last update: Sep 28, 2023

In this article we will dive into FRONTLINE PLC (NYSE:FRO) as a possible candidate for growth investing. Investors should always do their own research, but we noticed FRONTLINE PLC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Some of the canslim metrics of NYSE:FRO highlighted

  • FRONTLINE PLC has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 9.0K% increase. This indicates improving financial performance and the company's effective management of its operations.
  • The recent q2q revenue growth of 135.0% of FRONTLINE PLC showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
  • FRONTLINE PLC has experienced 25.99% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • FRONTLINE PLC demonstrates a strong Return on Equity(ROE) of 28.86%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. FRONTLINE PLC shows promising potential for continued success.
  • The Relative Strength (RS) of FRONTLINE PLC has been consistently solid, with a current 96.06 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. FRONTLINE PLC exhibits strong prospects for further price appreciation.
  • With a current Debt-to-Equity ratio at 0.91, FRONTLINE PLC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
  • FRONTLINE PLC demonstrates a balanced ownership structure, with institutional shareholders at 4.77%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Analyzing the Technical Aspects

ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

Taking everything into account, FRO scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FRO is showing a nice and steady performance.

  • The long and short term trends are both positive. This is looking good!
  • When comparing the yearly performance of all stocks, we notice that FRO is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, FRO also shows a nice and consistent pattern of rising prices.
  • FRO is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 93% of 217 stocks in the same industry.
  • FRO is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
  • In the last month FRO has a been trading in the 15.94 - 18.73 range, which is quite wide. It is currently trading near the high of this range.

For an up to date full technical analysis you can check the technical report of FRO

A complete fundamental analysis of NYSE:FRO

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

Taking everything into account, FRO scores 6 out of 10 in our fundamental rating. FRO was compared to 217 industry peers in the Oil, Gas & Consumable Fuels industry. FRO has a medium profitability rating, but doesn't score so well on its financial health evaluation. FRO is growing strongly while it also seems undervalued. This is an interesting combination FRO also has an excellent dividend rating.

For an up to date full fundamental analysis you can check the fundamental report of FRO

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.



NYSE:FRO (12/8/2023, 7:04:00 PM)

After market: 19.14 -0.2 (-1.03%)


+0.06 (+0.31%)

FRO News

News Image5 days ago - ChartmillExploring NYSE:FRO's CANSLIM characteristics.

Unlocking the Growth Potential of FRONTLINE PLC (NYSE:FRO).

News Image8 days ago - Investor's Business DailyDow Jones Hits 2023 High, Nasdaq Slips; Tesla Cybertruck, Salesforce In Focus: Weekly Review

Software earnings were strong, while the Fed is shifting toward rate cuts.

News Image10 days ago - Seeking AlphaFrontline Q3 2023 Earnings Preview (NYSE:FRO)

Frontline is set to report Q3 earnings on November 30th, with analysts estimating an EPS of $0.47 (+27.0% YoY) and revenue of $248.8M (-34.9% YoY).

News Image11 days ago - ChartmillWill FRONTLINE PLC breakout?

There are signs that NYSE:FRO may be ready to breakout.

News Image15 days ago - Investor's Business DailyScorpio Tankers Stock Showing Market Leadership; Earns 84 RS Rating

Building your watch list? Look for stocks with an 80-plus RS Rating. Scorpio Tankers just reached the mark, now earning a score of 84.

News Image16 days ago - ChartmillFRONTLINE PLC is showing promising signs of setting up for a breakout.

With a solid technical rating of 10 out of 10, FRONTLINE PLC (NYSE:FRO) is showing strong indications of a possible breakout.

News Image22 days ago - InvestorPlace3 Value Stocks You’ll Regret Not Buying Soon: November 2023

As equities markets begin a new rally, these three value stocks should be on all value investors' buy lists.

News Image24 days ago - InvestorPlace3 Undervalued Growth Stocks Primed for a Massive Rebound

Looking for undervalued growth stocks with upside ahead? These three top picks with strong fundamentals are trading at big discounts today.

News Image25 days ago - Market News VideoTuesday Sector Laggards: Cigarettes & Tobacco, Shipping Stocks
News Image26 days ago - InvestorPlaceShould I Buy Oil Stocks Now? Three Top Picks to Consider

For investors looking to gain more exposure to the energy market, here are a few options that are performing well.

News Image26 days ago - InvestorPlace3 Overlooked Growth Stocks Headed to the Moon in 2024

Are you looking for overlooked growth stocks with high potential? Here are three growth stocks to the moon in 2024.

News Image26 days ago - BusinessInsider3 Overlooked Growth Stocks Headed to the Moon in 2024

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Generally, uncovering the overlooked growth stocks that promise substantial gro...

FRO Links
Follow us for more