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NYSE:FRO—A High-Growth Stock Gearing Up for Its Next Upward Move.

By Mill Chart

Last update: Jan 11, 2024

For growth-minded investors, high revenue and EPS growth are key criteria. Today, we'll examine whether FRONTLINE PLC (NYSE:FRO) fits the bill for growth investing, particularly as it forms a base and hints at a potential breakout. Remember, due diligence is essential, but FRONTLINE PLC has caught our attention on our screen for growth with base formation. It may warrant additional investigation.

How do we evaluate the Growth for NYSE:FRO?

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NYSE:FRO scores a 9 out of 10:

  • The Earnings Per Share has grown by an impressive 470.91% over the past year.
  • Measured over the past years, FRO shows a very strong growth in Earnings Per Share. The EPS has been growing by 76.46% on average per year.
  • The Revenue has grown by 72.17% in the past year. This is a very strong growth!
  • Measured over the past years, FRO shows a quite strong growth in Revenue. The Revenue has been growing by 17.22% on average per year.
  • FRO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 43.02% yearly.
  • FRO is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 27.61% yearly.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

Health Analysis for NYSE:FRO

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:FRO scores a 5 out of 10:

  • FRO has a Altman-Z score of 2.48. This is in the better half of the industry: FRO outperforms 64.35% of its industry peers.
  • The Debt to FCF ratio of FRO is 3.04, which is a good value as it means it would take FRO, 3.04 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.04, FRO is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
  • Looking at the Current ratio, with a value of 1.79, FRO is in the better half of the industry, outperforming 70.83% of the companies in the same industry.
  • FRO has a better Quick ratio (1.79) than 74.07% of its industry peers.

Profitability Insights: NYSE:FRO

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:FRO scores a 7 out of 10:

  • Looking at the Return On Assets, with a value of 16.89%, FRO is in the better half of the industry, outperforming 76.39% of the companies in the same industry.
  • FRO's Return On Equity of 34.90% is fine compared to the rest of the industry. FRO outperforms 75.46% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 16.36%, FRO is in the better half of the industry, outperforming 71.30% of the companies in the same industry.
  • The 3 year average ROIC (6.14%) for FRO is below the current ROIC(16.36%), indicating increased profibility in the last year.
  • FRO has a better Profit Margin (40.53%) than 80.09% of its industry peers.
  • FRO's Profit Margin has improved in the last couple of years.
  • FRO's Operating Margin of 44.54% is fine compared to the rest of the industry. FRO outperforms 76.39% of its industry peers.
  • FRO's Operating Margin has improved in the last couple of years.
  • FRO's Gross Margin has improved in the last couple of years.

How do we evaluate the setup for NYSE:FRO?

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NYSE:FRO is 7:

Although FRO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

Check the latest full fundamental report of FRO for a complete fundamental analysis.

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

Disclaimer

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.

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FRONTLINE PLC

NYSE:FRO (4/23/2024, 7:04:00 PM)

After market: 23.41 0 (0%)

23.41

+0.52 (+2.27%)

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