S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
66,000% upside on tiny biotech? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
66,000% upside on tiny biotech? (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
66,000% upside on tiny biotech? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
66,000% upside on tiny biotech? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
66,000% upside on tiny biotech? (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
66,000% upside on tiny biotech? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
66,000% upside on tiny biotech? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
66,000% upside on tiny biotech? (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
66,000% upside on tiny biotech? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
66,000% upside on tiny biotech? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
66,000% upside on tiny biotech? (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
66,000% upside on tiny biotech? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
NASDAQ:FORTY

Formula Systems (1985) (FORTY) Stock Forecast, Price & News

$72.21
0.00 (0.00%)
(As of 09/22/2023 ET)
Compare
Today's Range
$72.21
$72.21
50-Day Range
$68.41
$78.50
52-Week Range
$60.29
$88.90
Volume
18 shs
Average Volume
235 shs
Market Capitalization
$1.11 billion
P/E Ratio
17.15
Dividend Yield
1.26%
Price Target
N/A

FORTY stock logo

About Formula Systems (1985) (NASDAQ:FORTY) Stock

Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration worldwide. The company offers computer and telecommunication infrastructure solutions; and sells and markets computers and peripheral equipment, and cloud based solutions and services relating to databases and big data. It also provides 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 application and professional training courses, and advanced professional studies. In addition, the company offers property and casualty insurance platforms, such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, and IDIT Go; life, pension, and annuities platforms, including Sapiens, Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster; Sapiens Cloud-based DigitalSuite; data and analytics platform; and reinsurance software solutions comprising Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO. Further, it provides Sapiens workers' compensation solutions; Sapiens medical professional liability solutions; financial and compliance solutions, such as Sapiens FinancialPro, Sapiens Financial GO, Sapiens StatementPro, Sapiens CheckPro, and Sapiens Reporting Tools; Sapiens Decision; and technology-based solutions. Additionally, it offers application development and business process integration platforms; vertical software solutions; strategic consulting and outsourcing services; and professional services in various areas, as well as develops on-premise payroll software. The company was incorporated in 1985 and is headquartered in Or Yehuda, Israel.

FORTY Price History

FORTY Stock News Headlines

Watch SHOCKING Footage of AI Facility with Ties to Elon Musk
I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk
I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.
Formula Systems (1985) Ltd.
FORTY Formula Systems (1985) Ltd.
See More Headlines
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FORTY Company Calendar

Last Earnings
8/17/2023
Today
9/24/2023
Next Earnings (Estimated)
11/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Current Symbol
NASDAQ:FORTY
Employees
22,059
Year Founded
N/A

Profitability

Net Income
$81.39 million
Pretax Margin
8.25%

Debt

Sales & Book Value

Annual Sales
$2.57 billion
Cash Flow
$12.85 per share
Book Value
$76.83 per share

Miscellaneous

Free Float
11,749,000
Market Cap
$1.11 billion
Optionable
Not Optionable
Beta
1.02
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Key Executives

  • Mr. Guy Bernstein (Age 55)
    Chief Exec. Officer
    Comp: $4.07M
  • Mr. Asaf Berenstin (Age 45)
    Chief Financial Officer
    Comp: $50k
  • Ms. Maya Solomon-Ella (Age 45)
    Chief Operational Officer
    Comp: $283k













FORTY Stock - Frequently Asked Questions

How have FORTY shares performed in 2023?

Formula Systems (1985)'s stock was trading at $70.89 at the beginning of the year. Since then, FORTY shares have increased by 1.9% and is now trading at $72.21.
View the best growth stocks for 2023 here
.

Are investors shorting Formula Systems (1985)?

Formula Systems (1985) saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,600 shares, an increase of 6.7% from the August 15th total of 1,500 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 5.3 days. Currently, 0.0% of the company's shares are short sold.
View Formula Systems (1985)'s Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our FORTY earnings forecast
.

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

Formula Systems (1985) Ltd. (NASDAQ:FORTY) announced its quarterly earnings data on Thursday, August, 17th. The technology company reported $1.11 earnings per share for the quarter. The technology company had revenue of $655.37 million for the quarter. Formula Systems (1985) had a trailing twelve-month return on equity of 5.48% and a net margin of 2.50%.

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

Formula Systems (1985) announced a Semi-Annual dividend on Tuesday, May 23rd. Stockholders of record on Monday, June 5th will be given a dividend of $0.446 per share on Thursday, June 22nd. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, June 2nd.
Read our dividend analysis for FORTY
.

Is Formula Systems (1985) a good dividend stock?

Formula Systems (1985) (NASDAQ:FORTY) pays an annual dividend of $0.91 per share and currently has a dividend yield of 1.26%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.62%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FORTY.

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

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

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

Formula Systems (1985)'s stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (0.00%).

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

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

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

One share of FORTY stock can currently be purchased for approximately $72.21.

How much money does Formula Systems (1985) make?

Formula Systems (1985) (NASDAQ:FORTY) has a market capitalization of $1.11 billion and generates $2.57 billion in revenue each year. The technology company earns $81.39 million in net income (profit) each year or $4.21 on an earnings per share basis.

How many employees does Formula Systems (1985) have?

The company employs 22,059 workers across the globe.

How can I contact Formula Systems (1985)?

Formula Systems (1985)'s mailing address is 5 HAPLADA STREET, OR YEHUDA L3, 6021805. The official website for the company is www.formulasystems.com. The technology company can be reached via phone at (723) 538-9389, via email at ir@formula.co.il, or via fax at 972-3538-9645.

This page (NASDAQ:FORTY) was last updated on 9/24/2023 by MarketBeat.com Staff

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