With 2.88 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.55 million shares. The 52-week range on FRO shows that it touched its highest point at $29.39 and its lowest point at $13.17 during that stretch. It currently has a 1-year price target of $25.09. With its current market cap of 3.56 billion, FRO has annualized dividend of $1.95 while the current yield stands at 12.21%. Beta for the stock currently stands at 0.02.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FRO was down-trending over the past week, with a drop of -8.38%, but this was up by 0.13% over a month. Three-month performance dropped to -18.23% while six-month performance fell -33.46%. The stock lost -30.23% in the past year, while it has gained 12.54% so far this year. A look at the trailing 12-month EPS for FRO yields 2.46 with Next year EPS estimates of 2.47. For the next quarter, that number is 0.25. This implies an EPS growth rate of -27.17% for this year and 14.76% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FRO since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.80838 being high and $1.92011 being low. For FRO, this leads to a yearly average estimate of $2.14841. Based on analyst estimates, the high estimate for the next quarter is $0.34 and the low estimate is $0.33. The average estimate for the next quarter is thus $0.34.
