With 2.81 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.88 million shares. The 52-week range on FRO shows that it touched its highest point at $26.53 and its lowest point at $12.40 during that stretch. It currently has a 1-year price target of $24.93. With its current market cap of 4.00 billion, FRO has annualized dividend of $1.78 while the current yield stands at 9.91%. Beta for the stock currently stands at 0.31.
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 -1.10%, but this was up by 2.57% over a month. Three-month performance surged to 15.35% while six-month performance rose 17.46%. The stock lost -31.58% in the past year, while it has gained 26.57% so far this year. A look at the trailing 12-month EPS for FRO yields 1.56 with Next year EPS estimates of 3.05. For the next quarter, that number is 0.48. This implies an EPS growth rate of -6.41% for this year and 46.03% for next year. EPS is expected to grow by 18.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.52%.
Float and Shares Shorts:
At present, 222.62 million FRO shares are outstanding with a float of 143.15 million shares on hand for trading.
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 $2.29397 being high and $1.92101 being low. For FRO, this leads to a yearly average estimate of $2.14841.
