NASDAQ:FORTY - Formula Systems (1985) Stock Price, Price Target & More

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$37.80 0.00 (0.00 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$37.80
Today's RangeN/A
52-Week Range$32.55 - $45.65
Volume22 shs
Average Volume328 shs
Market Capitalization$557.10 million
P/E Ratio32.03
Dividend Yield1.24%
Beta0.79
Formula Systems (1985) Ltd. provides software services, proprietary and non-proprietary software solutions, and software product marketing and support services. It offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; services regarding database services and Big data services; 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. The company also markets and sells computers and peripheral equipment to business customers; and operates a network of high-tech training and instruction centers. In addition, it offers Sapiens ALIS, a software solution for individual, group, and worksite insurance products; Sapiens Retirement Services for record-keeping management; Sapiens Closed Books, a solution to administer policies and claims relating to closed books of business; and Sapiens INSIGHT that enables life and pension carriers to handle a range of activities and regulations. Further, the company provides Sapiens IDIT for general insurance carriers; Sapiens Reinsurance, a business and accounting solution to support reinsurance contracts and activities; Sapiens Stingray, a solution for policy, billing, claims, and reinsurance administration; and Sapiens DECISION, a business decision management solution. Additionally, it provides proprietary application development and business process integration platforms; and supplies professionals in the areas of accounting and finance, administrative, customer service, clinical, scientific and healthcare, engineering, manufacturing and operations, human resources, IT technology, LI/MFG, and marketing and sales. The company was founded in 1985 and is headquartered in Or Yehuda, Israel.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.16
Current Ratio1.45
Quick Ratio1.45

Price-To-Earnings

Trailing P/E Ratio32.03
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.36 billion
Price / Sales0.41
Cash Flow$3.6878 per share
Price / Cash10.25
Book Value$52.44 per share
Price / Book0.72

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$10.35 million
Net Margins1.26%
Return on Equity2.33%
Return on Assets1.16%

Miscellaneous

Employees14,477
Outstanding Shares14,740,000

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) declared a semiannual dividend on Wednesday, May 30th. Shareholders of record on Friday, June 8th will be given a dividend of $0.34 per share on Friday, July 27th. This represents a yield of 1.81%. The ex-dividend date 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) issued its quarterly earnings results on Wednesday, May, 23rd. The technology company reported $0.48 EPS for the quarter. The technology company had revenue of $373.38 million for the quarter. Formula Systems (1985) had a net margin of 1.26% and a return on equity of 2.33%. 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 Thursday, August, 16th 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?

Headlines about FORTY stock have trended positive recently, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Formula Systems (1985) earned a media sentiment score of 0.37 on Accern's scale. They also gave media stories about the technology company an impact score of 46.89 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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 $37.80.

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

Formula Systems (1985) has a market capitalization of $557.10 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) (FORTY)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  60 (Vote Underperform)
Total Votes:  110
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 6/23/2018 by MarketBeat.com Staff

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