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NASDAQ:FORTYFormula Systems (1985) Stock Price, Forecast & News

+2.62 (+2.84 %)
(As of 08/13/2020 04:00 PM ET)
Today's Range
Now: $94.92
50-Day Range
MA: $83.95
52-Week Range
Now: $94.92
Volume300 shs
Average Volume842 shs
Market Capitalization$1.45 billion
P/E Ratio36.93
Dividend Yield0.68%
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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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.57 out of 5 stars

Industry, Sector and Symbol

Industry Custom computer programming services
Current SymbolNASDAQ:FORTY



Sales & Book Value

Annual Sales$1.70 billion
Cash Flow$8.46 per share
Book Value$58.62 per share


Net Income$38.82 million


Market Cap$1.45 billion
Next Earnings Date8/17/2020 (Estimated)
OptionableNot Optionable
+2.62 (+2.84 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Formula Systems (1985)'s stock price been impacted by Coronavirus?

Formula Systems (1985)'s stock was trading at $49.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FORTY stock has increased by 92.9% and is now trading at $94.92.
View which stocks have been most impacted by COVID-19

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

Formula Systems (1985) is scheduled to release its next quarterly earnings announcement on Monday, August 17th 2020.
View our earnings forecast for Formula Systems (1985)

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

Formula Systems (1985) Ltd. (NASDAQ:FORTY) released its quarterly earnings data on Thursday, May, 28th. The technology company reported $0.71 EPS for the quarter. The technology company had revenue of $466.27 million for the quarter. Formula Systems (1985) had a return on equity of 4.52% and a net margin of 2.24%.
View Formula Systems (1985)'s earnings history

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

Formula Systems (1985) announced a dividend on Tuesday, November 19th. Investors of record on Tuesday, December 24th will be given a dividend of $0.325 per share on Monday, January 1st. The ex-dividend date is Monday, December 23rd. This is an increase from Formula Systems (1985)'s previous dividend of $0.24.
View Formula Systems (1985)'s dividend history

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

News coverage about FORTY stock has been trending positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Formula Systems (1985) earned a daily sentiment score of 2.7 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.
View the latest news about Formula Systems (1985)

Are investors shorting Formula Systems (1985)?

Formula Systems (1985) saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 800 shares, an increase of 300.0% from the June 15th total of 200 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 1.3 days.
View Formula Systems (1985)'s Short Interest

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 following people:
  • Mr. Guy Bernstein, Chief Exec. officer (Age 51)
  • Ms. Maya Solomon-Ella, Chief Operational Officer (Age 41)
  • Mr. Asaf Berenstin, Chief Financial Officer (Age 41)

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 many different retail and institutional investors. Top institutional shareholders include Mount Yale Investment Advisors LLC (0.03%), TFG Advisers LLC (0.03%) and UBS Group AG (0.01%).

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, and TFG Advisers LLC.

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

FORTY stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG.

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, Robinhood, Fidelity, and Charles Schwab.

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

One share of FORTY stock can currently be purchased for approximately $94.92.

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

Formula Systems (1985) has a market capitalization of $1.45 billion and generates $1.70 billion in revenue each year. Formula Systems (1985) employs 17,378 workers across the globe.

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

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

How can I contact Formula Systems (1985)?

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

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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