Should Value Investors Buy FRONTLINE PLC (FRO) Stock?

One stock to keep an eye on is FRONTLINE PLC (FRO) . FRO is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 5.98 right now. For comparison, its industry sports an average P/E of 6.10. Over the past year, FRO's Forward P/E has been as high as 9.78 and as low as 4.23, with a median of 7.58. Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, ...