$19.23
2.78% yesterday
NYSE, Nov 15, 10:03 pm CET
ISIN
BMG3682E1921
Symbol
FRO

Frontline Ltd. Target price 2024 - Analyst rating & recommendation

Frontline Ltd. Classifications & Recommendation:

Buy
86%
Hold
7%
Sell
7%

Frontline Ltd. Price Target

Target Price $28.41
Price $19.23
Potential
Number of Estimates 13
13 Analysts have issued a price target Frontline Ltd. 2025 . The average Frontline Ltd. target price is $28.41. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 14 analysts: 12 Analysts recommend Frontline Ltd. to buy, 1 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Frontline Ltd. stock has an average upside potential 2025 of . Most analysts recommend the Frontline Ltd. stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 1.79 1.46
26.04% 18.06%
EBITDA Margin 52.51% 80.92%
26.25% 54.11%
Net Margin 36.75% 42.41%
5.43% 15.40%

13 Analysts have issued a sales forecast Frontline Ltd. 2024 . The average Frontline Ltd. sales estimate is

$1.5b
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. This is
24.00% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.6b 17.42%
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, the lowest is
$1.3b 30.05%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $1.8b 26.04%
2024
$1.5b 18.06%
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2025
$1.6b 7.99%
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2026
$1.5b 2.92%
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13 Analysts have issued an Frontline Ltd. EBITDA forecast 2024. The average Frontline Ltd. EBITDA estimate is

$1.2b
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. This is
24.01% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.4b 45.70%
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, the lowest is
$1.0b 6.77%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $938m 59.13%
2024
$1.2b 26.26%
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2025
$1.2b 4.85%
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2026
$1.2b 0.03%
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2027
$1.2b 0.06%
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EBITDA Margin

2023 52.51% 26.25%
2024
80.92% 54.11%
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2025
78.56% 2.92%
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2026
80.95% 3.04%
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13 Frontline Ltd. Analysts have issued a net profit forecast 2024. The average Frontline Ltd. net profit estimate is

$621m
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. This is
4.47% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$784m 31.83%
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, the lowest is
$419m 29.59%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $657m 32.88%
2024
$621m 5.45%
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2025
$681m 9.59%
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2026
$715m 5.00%
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2027
$745m 4.23%
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Net Margin

2023 36.75% 5.43%
2024
42.41% 15.40%
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2025
43.04% 1.49%
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2026
46.55% 8.16%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 2.95 2.79
32.88% 5.42%
P/E 6.89
EV/Sales 5.31

13 Analysts have issued a Frontline Ltd. forecast for earnings per share. The average Frontline Ltd. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$2.79
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. This is
4.49% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.52 31.84%
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, the lowest is
$1.88 29.59%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $2.95 32.88%
2024
$2.79 5.42%
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2025
$3.06 9.68%
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2026
$3.21 4.90%
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2027
$3.35 4.36%
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P/E ratio

Current 7.20 60.66%
2024
6.89 4.31%
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2025
6.29 8.71%
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2026
5.99 4.77%
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2027
5.75 4.01%
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Based on analysts' sales estimates for 2024, the Frontline Ltd. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 4.03 31.58%
2024
5.31 31.72%
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2025
4.92 7.40%
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2026
5.06 3.01%
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P/S ratio

Current 2.22 48.18%
2024
2.92 31.57%
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2025
2.71 7.40%
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2026
2.79 3.01%
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