Forecasting The Future: 4 Analyst Projections For Frontline
In the last three months, 4 analysts have published ratings on Frontline (NYSE:FRO), offering a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 3 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Frontline and provided 12-month price targets. The average target is $23.32, accompanied by a high estimate of $26.00 and a low estimate of $22.00. This current average has decreased by 1.6% from the previous average price target of $23.70.
Investigating Analyst Ratings: An Elaborate Study
The standing of Frontline among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Samuel Bland | JP Morgan | Lowers | Neutral | $22.30 | $23.00 |
| Omar Nokta | Jefferies | Maintains | Hold | $22.00 | - |
| Samuel Bland | JP Morgan | Lowers | Neutral | $23.00 | $24.40 |
| Amit Mehrotra | Deutsche Bank | Announces | Buy | $26.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Frontline. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Frontline compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Frontline's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Frontline analyst ratings.
All You Need to Know About Frontline
Frontline Plc is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.
Financial Insights: Frontline
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Decline in Revenue: Over the 3 months period, Frontline faced challenges, resulting in a decline of approximately -1.33% in revenue growth as of 30 September, 2023. This signifies a reduction in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Net Margin: Frontline's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 28.57% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Frontline's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 4.76%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Frontline's ROA excels beyond industry benchmarks, reaching 2.32%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 1.01, Frontline adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: What Are They?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.