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

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$40.00 -0.94 (-2.30 %)
(As of 11/12/2018 04:00 PM ET)
Previous Close$40.9355
Today's Range$40.00 - $40.00
52-Week Range$32.55 - $45.65
Volume303 shs
Average Volume310 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
Beta0.92
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
Current SymbolNASDAQ:FORTY
Previous Symbol
CUSIPN/A
Phone972-3538-9487

Debt

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

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.36 billion
Price / Sales0.44
Cash FlowN/A
Price / CashN/A
Book Value$52.44 per share
Price / Book0.76

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$0.00
OptionableNot Optionable

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. 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 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) released its earnings results on Thursday, August, 16th. The technology company reported $0.51 earnings per share (EPS) for the quarter. The technology company had revenue of $363.48 million for the quarter. Formula Systems (1985) had a net margin of 1.75% and a return on equity of 3.30%. 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).

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

News headlines about FORTY stock have been trending negative on Monday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Formula Systems (1985) earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the stock's share price in the immediate future.

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)

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 $40.00.

What is Formula Systems (1985)'s official website?

The official website for Formula Systems (1985) is http://www.formulasystems.com.

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:  58 (Vote Outperform)
Underperform Votes:  71 (Vote Underperform)
Total Votes:  129
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 11/12/2018 by MarketBeat.com Staff

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