BASKING RIDGE, N.J., April 30, 2025 (GLOBE NEWSWIRE) -- Verizon Frontline today announced Ericsson Enterprise Wireless Solutions as the latest partner to earn “Verizon Frontline Verified” status. Ericsson Enterprise Wireless Solutions is the market leader in 4G and 5G Wireless WAN edge solutions for business, public sector, and public safety agencies. With Ericsson, organizations can connect sites, vehicles, mobile workforces, and IoT devices simply and securely using cellular technology. Ericsson joins th ...

The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Frontline (FRO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.Frontline is one of 126 companies in the Transportation group. The T ...

Core Viewpoint - Verizon Communications Inc. has successfully deployed Unmanned Aircraft Systems (UAS) to support the New Orleans Police Department during Mardi Gras, marking a significant advancement in public safety technology [1][2][7]. Group 1: Deployment and Technology - The deployment of UAS is part of Verizon's Frontline Crisis Response Team's efforts to enhance public safety during large-scale events like Mardi Gras, which contributes over $1 billion to the local economy annually [2][3]. - The UAS technology includes advanced features such as multiple camera types for various operational needs, capable of powering up in less than 40 seconds and reaching speeds of up to 45 miles per hour [4]. - Verizon's Frontline team conducted over 140 UAS flights, totaling more than 45 hours in the air, assisting the NOPD in maintaining safety during the festivities [4]. Group 2: Impact on Public Safety and Business - Verizon's commitment to public safety technology is reinforced through its innovative solutions, which are expected to generate increased demand and higher revenues, potentially boosting stock performance [7]. - The Frontline Crisis Response Team provides 24/7 emergency support, including portable cell sites and Wi-Fi hotspots, enhancing communication during crises [6]. - Verizon's extensive experience with public safety agencies positions it as a leader in the industry, addressing evolving needs and improving overall network performance [5][7]. Group 3: Stock Performance - Verizon's stock has seen a 4.4% increase over the past year, contrasting with the industry's growth of 35.2%, indicating a potential area for improvement [8].

Here are three stocks with buy rank and strong value characteristics for investors to consider today, April 8th:  Qifu Technology, Inc. (QFIN) : This Credit-Tech platform principally in China which provides a comprehensive suite of technology services to assist financial institutions and consumers and SMEs in the loan lifecycle, ranging from borrower acquisition, preliminary credit assessment, fund matching and post-facilitation services, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Con ...

Industry Dynamics - The tanker industry is highly cyclical and volatile, with revenues and earnings significantly affected by changes in supply and demand for tanker capacity and oil products [31]. - The ongoing war in Ukraine and conflicts in Israel and Gaza have disrupted energy production and trade patterns, impacting energy demand and costs [31]. - A shift in consumer demand from oil to alternative energy sources could materially impact the demand for the company's vessels [38]. - The International Energy Agency forecasts "peak oil" extraction rates to occur in the late 2020s, which may affect future oil demand and shipping patterns [39]. - The demand for oil tankers is primarily driven by economies of industrial countries and competition from alternative energy sources, making it sensitive to global economic conditions [34]. - Political instability and public health threats can adversely affect the tanker industry, impacting the company's business [69]. Operational Risks - The company relies on information systems for navigation and operations, and any significant disruption could adversely affect business and operational efficiency [44]. - The company faces risks related to regulatory changes, environmental concerns, and technological advancements that could impact operational costs and vessel values [41]. - Cybersecurity threats to the company's information systems are evolving and increasingly complex, potentially leading to significant operational disruptions [47]. - Significant capital may be required to protect against and remedy security breaches, which could adversely affect the company's financial condition [48]. - The company must maintain compliance with complex laws and regulations, which may require costly operational changes and affect vessel resale values [90][91]. Financial Performance - An oversupply of tanker capacity may lead to reductions in charter rates, vessel values, and profitability, adversely affecting financial performance [37]. - Economic conditions, including high inflation and interest rates, could impede operations and negatively impact the company's ability to pay dividends [60]. - Increased trade protectionism and tariffs could materially impact the charterers' business, adversely affecting the company's results of operations [64]. - The U.S. trade war with China may impose significant fees on vessels owned by Chinese shipping companies, potentially affecting the company's operations [66]. - The company may incur financial penalties or additional taxes if it fails to maintain sufficient economic substance in Cyprus or other jurisdictions, adversely affecting its business and financial condition [127]. - The company cannot guarantee the ability to obtain additional financing on acceptable terms, which may hinder growth and negatively impact cash flows and results of operations [129]. Compliance and Regulatory Environment - Compliance with international safety and environmental regulations is costly and may reduce net cash flows and profitability [84][93]. - The company has incurred increased costs to comply with revised environmental standards, which could adversely affect its financial condition [93]. - The implementation of a Russian petroleum "price cap policy" could create additional operational risks, including potential fines and penalties for non-compliance [75]. - The company is subject to potential changes in tax regimes, including the OECD's two-pillar project, which could increase tax compliance burdens and affect financial results [157]. - The company is subject to the risk of being classified as a "passive foreign investment company" (PFIC), which could have adverse tax consequences for U.S. shareholders [146]. Fleet and Asset Management - The company operates various types of vessels, including VLCCs (200,000-320,000 dwt), Suezmax (120,000-170,000 dwt), and LR2/Aframax tankers (110,000-115,000 dwt) [23]. - The company operates a modern fleet, with all but one vessel being ECO vessels and an average age of 6.6 years, positioning it well to meet environmental regulations [201]. - As of December 31, 2024, the fleet consisted of 81 vessels with a total capacity of approximately 17.8 million DWT [190]. - The average age of the company's fleet is approximately 6.6 years as of December 31, 2024, which may lead to increased operating costs as vessels age [113]. - The company may incur losses when selling vessels if market values decline, potentially leading to impairment charges [106]. Market Conditions - The tanker market has historically been volatile, and future spot market rates may decline or remain depressed, affecting the company's ability to operate profitably [100]. - The company is dependent on the spot market, and a decrease in spot charter rates may incentivize charterers to default on their charters [98]. - Changes in fuel prices significantly impact the company's profitability, especially for vessels on voyage charters [104]. - As of December 31, 2024, 75 out of 81 vessels owned by the company were employed in the spot market or on short-term charters, exposing the company to fluctuations in spot market charter rates [98]. Strategic Initiatives - The company emphasizes a strategy of outsourcing management and crewing services to optimize operational performance and cost levels [198]. - The Company acquired six ECO-type VLCC newbuilding contracts for a total purchase price of $565.8 million, with four delivered in 2022 and two in January 2023 [176]. - The Company entered into a Framework Agreement to purchase 24 VLCCs for an aggregate price of $2,350.0 million, with 11 vessels delivered in December 2023 for $1,112.2 million [185][186]. - The Company sold 13,664,613 shares in CMB.TECH for $251.8 million, which was used to partly finance the Acquisition [188]. Human Resources - The company may face challenges in recruiting suitable employees and crew as it expands its fleet, which could limit growth [115]. - The company employed 85 people across various locations as of December 31, 2024, and relies on third-party ship managers for vessel operations, which could be affected by labor interruptions [139]. - The company may not be able to attract and retain key management personnel, which could negatively impact management effectiveness and operational results [138].

Frontline plc (the “Company”) announces the filing of its annual report for the year ended December 31, 2024. The annual report can be downloaded from the Company’s website www.frontlineplc.cy or from the link below. Additionally, shareholders can request a hard copy of our complete audited financial statements free of charge by writing to us at:John Kennedy 8 Iris Building, 7th floor, Flat/Office 740B,3106, Limassol, Cyprus. or sending an e-mail to ir@frontmgt.no April 7, 2025Frontline plcLimassol, Cyprus ...

Core Viewpoint - Frontline (FRO) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook for the company's earnings and potential stock price movement [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, influencing their buying and selling decisions [4]. Company Performance Indicators - Frontline is expected to earn $2.23 per share for the fiscal year ending December 2025, reflecting a year-over-year increase of 25.3% [8]. - Over the past three months, the Zacks Consensus Estimate for Frontline has risen by 0.5%, indicating a positive trend in earnings expectations [8]. Zacks Rating System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, highlighting their superior earnings estimate revision features [9][10].

Group 1 - Frontline plc (FRO) is a shipping company with a Zacks Rank 1 and a dividend yield of 5.3%, exceeding the industry average of 3.1% [1] - ORIX Corporation (IX) is a financial services company also holding a Zacks Rank 1, with a dividend yield of 3.1%, compared to the industry average of 0.0% [2] - Univest Financial Corporation (UVSP) is a bank holding company with a Zacks Rank 1, showing a 5.9% increase in the consensus estimate for next year's earnings over the last 60 days [2] Group 2 - The Zacks Consensus Estimate for Frontline plc's current year earnings has increased by 5.1% in the last 60 days [1] - ORIX Corporation has also seen a 5.1% increase in the consensus estimate for its current year earnings during the same period [2] - The dividend yield for another Zacks Rank 1 company is reported at 2.9%, slightly above the industry average of 2.8% [3]

Group 1: Frontline plc - Frontline plc is a shipping company with a Zacks Rank 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for Frontline's current year earnings has increased by 10.4% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 6.71, which is lower than the industry average of 9.20, and possesses a Value Score of A [1] Group 2: Banco Santander, S.A. - Banco Santander, S.A. is a financial products and services provider with a Zacks Rank 1, reflecting strong investment appeal [2] - The Zacks Consensus Estimate for Banco Santander's current year earnings has risen by 6% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 7.72, compared to the industry average of 10.50, and also holds a Value Score of A [2] Group 3: ORIX Corporation - ORIX Corporation is a financial services company with a Zacks Rank 1, indicating robust investment potential [3] - The Zacks Consensus Estimate for ORIX's current year earnings has increased by 5.1% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 9.24, significantly lower than the S&P average of 20.18, and has a Value Score of A [3]

Core Viewpoint - The article emphasizes the importance of value investing and highlights FRONTLINE PLC (FRO) as a strong value stock based on its financial metrics and Zacks Rank system [2][4][6] Company Analysis - FRONTLINE PLC (FRO) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for undervaluation [4] - The current P/E ratio of FRO is 5.98, which is lower than the industry average P/E of 6.10, suggesting that FRO is undervalued compared to its peers [4] - Over the past year, FRO's Forward P/E has fluctuated between 4.23 and 9.78, with a median of 7.58, indicating volatility but also potential for recovery [4] - FRO's P/CF ratio stands at 3.86, which is competitive against the industry's average P/CF of 3.95, further supporting the notion of undervaluation [5] - The P/CF for FRO has ranged from 3.26 to 7.24 over the past 12 months, with a median of 5.66, reflecting its cash flow strength [5] - Overall, the metrics suggest that FRO is likely undervalued and presents an impressive value opportunity at this time [6]