NASDAQ:FORTY - Formula Systems (1985) Stock Price, News, & Analysis

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$40.38 0.00 (0.00 %)
(As of 09/18/2018 04:00 PM ET)
Previous Close$40.38
Today's Range$40.38 - $40.38
52-Week Range$32.55 - $45.65
Volume71 shs
Average Volume58 shs
Market Capitalization$595.12 million
P/E Ratio23.89
Dividend Yield1.16%
Beta0.8
Formula Systems (1985) Ltd., through its subsidiaries, provides software, proprietary and non-proprietary software, and software product marketing and support services. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; database and big data services; customer relations management, computer systems management infrastructures, Web world content management, database and data warehouse mining, application integration, database and systems, data management, and software development tools; and professional training courses and advanced professional studies. It also markets and sells computers and peripheral equipment to business customers. In addition, the company offers life, pension, and annuities platforms/solutions, including Sapiens ALIS, LifeSuite, Life Portraits, LifeApply, Sapiens INSIGHT, and Sapiens Closed Books; property and casualty/general insurance platforms/solutions, such as Sapiens IDIT, Adaptik Policy, Adaptik Billing, Stream Claim, Sapiens Stingray, PowerSuite, and CompSuite; and reinsurance software solutions comprising Sapiens Reinsurance, Freedom Reinsurance System, and Universal Reinsurance System. Further, it provides financial and compliance solutions that include eFreedom Annual Statement, PRO Financial General Ledger and Accounts Payable, Preferred Tax Enterprise Financial applications, Insurance Financial reporting, and Power2Play; Sapiens DECISION, a decision management platform; and technology-based solutions and digital insurance suites. Additionally, the company offers application development and business process integration platforms; vertical software solutions; vendor of software services and IT outsourcing software services; and professionals in various areas, as well as develops on-premise payroll software solutions. The company was founded in 1985 and is headquartered in Or Yehuda, Israel.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:FORTY
CUSIPN/A
Phone972-3538-9487

Debt

Debt-to-Equity Ratio0.15
Current Ratio1.37
Quick Ratio1.36

Price-To-Earnings

Trailing P/E Ratio23.89
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.36 billion
Price / Sales0.44
Cash Flow$3.6877 per share
Price / Cash10.95
Book Value$52.44 per share
Price / Book0.77

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$10.35 million
Net Margins1.75%
Return on Equity3.30%
Return on Assets1.63%

Miscellaneous

Employees14,477
Outstanding Shares14,740,000
Market Cap$595.12 million

Formula Systems (1985) (NASDAQ:FORTY) Frequently Asked Questions

What is Formula Systems (1985)'s stock symbol?

Formula Systems (1985) trades on the NASDAQ under the ticker symbol "FORTY."

How often does Formula Systems (1985) pay dividends? What is the dividend yield for Formula Systems (1985)?

Formula Systems (1985) announced a semiannual dividend on Wednesday, May 30th. Investors of record on Friday, June 8th will be paid a dividend of $0.34 per share on Friday, July 27th. This represents a dividend yield of 1.81%. The ex-dividend date of this dividend is Thursday, June 7th. View Formula Systems (1985)'s Dividend History.

How were Formula Systems (1985)'s earnings last quarter?

Formula Systems (1985) Ltd. (NASDAQ:FORTY) posted its quarterly earnings results on Thursday, August, 16th. The technology company reported $0.51 earnings per share for the quarter. The technology company earned $363.48 million during the quarter. Formula Systems (1985) had a return on equity of 3.30% and a net margin of 1.75%. View Formula Systems (1985)'s Earnings History.

When is Formula Systems (1985)'s next earnings date?

Formula Systems (1985) is scheduled to release their next quarterly earnings announcement on Monday, November, 19th 2018. View Earnings Estimates for Formula Systems (1985).

Who are some of Formula Systems (1985)'s key competitors?

Who are Formula Systems (1985)'s key executives?

Formula Systems (1985)'s management team includes the folowing people:
  • Mr. Guy Bernstein, Chief Exec. officer (Age 50)
  • Ms. Maya Solomon-Ella, Chief Operational Officer (Age 40)
  • Mr. Asaf Berenstin, Chief Financial Officer (Age 40)

Has Formula Systems (1985) been receiving favorable news coverage?

News stories about FORTY stock have trended somewhat positive on Tuesday, according to Accern Sentiment. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Formula Systems (1985) earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned headlines about the technology company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Formula Systems (1985).

Who are Formula Systems (1985)'s major shareholders?

Formula Systems (1985)'s stock is owned by many different of retail and institutional investors. Top institutional investors include Mount Yale Investment Advisors LLC (0.07%).

Which major investors are selling Formula Systems (1985) stock?

FORTY stock was sold by a variety of institutional investors in the last quarter, including Mount Yale Investment Advisors LLC.

How do I buy shares of Formula Systems (1985)?

Shares of FORTY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Formula Systems (1985)'s stock price today?

One share of FORTY stock can currently be purchased for approximately $40.38.

How big of a company is Formula Systems (1985)?

Formula Systems (1985) has a market capitalization of $595.12 million and generates $1.36 billion in revenue each year. Formula Systems (1985) employs 14,477 workers across the globe.

How can I contact Formula Systems (1985)?

Formula Systems (1985)'s mailing address is 5 HAPLADA ST., OR YEHUDA L3, 6021805. The technology company can be reached via phone at 972-3538-9487 or via email at [email protected]


MarketBeat Community Rating for Formula Systems (1985) (NASDAQ FORTY)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  54 (Vote Outperform)
Underperform Votes:  68 (Vote Underperform)
Total Votes:  122
MarketBeat's community ratings are surveys of what our community members think about Formula Systems (1985) and other stocks. Vote "Outperform" if you believe FORTY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FORTY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/18/2018 by MarketBeat.com Staff

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