Exploring NYSE:FRO's CANSLIM characteristics.

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.

What matters for canslim investors.

• The earnings per share (EPS) of FRONTLINE PLC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 9.0K% increase. This reflects the company's ability to improve its profitability over time.
• FRONTLINE PLC has achieved significant quarter-to-quarter (Q2Q) revenue growth of 135.0%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• FRONTLINE PLC has achieved 25.99% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• With a favorable Return on Equity (ROE) of 28.86%, FRONTLINE PLC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• The Relative Strength (RS) of FRONTLINE PLC has consistently been strong, with a current 92.88 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. FRONTLINE PLC demonstrates promising potential for sustained price momentum.
• Maintaining a Debt-to-Equity ratio of 0.91, FRONTLINE PLC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• With institutional shareholders at 5.25%, FRONTLINE PLC demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

Zooming in on the technicals.

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

We assign a technical rating of 7 out of 10 to FRO. In the last year, FRO was one of the better performers, but we do observe some doubts in the very recent evolution.

• When comparing the yearly performance of all stocks, we notice that FRO is one of the better performing stocks in the market, outperforming 92% 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 91% of 216 stocks in the same industry.
• FRO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FRO is lagging the market slightly.
• The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

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

Fundamental Analysis Observations

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to FRO. FRO was compared to 216 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 not overvalued while it is showing excellent growth. This is an interesting combination.

Our latest full fundamental report of FRO contains the most current fundamental analsysis.

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

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.