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

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$38.70 +0.70 (+1.84 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$38.70
Today's Range$38.70 - $39.10
52-Week Range$32.55 - $45.65
Volume3,021 shs
Average Volume675 shs
Market Capitalization$560.04 million
P/E Ratio21.35
Dividend Yield1.24%
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.36 billion
Cash Flow$3.7573 per share
Book Value$52.44 per share

Profitability

Net Income$10.35 million

Miscellaneous

Employees14,477
Market Cap$560.04 million
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) declared a dividend on Thursday, December 13th. Stockholders of record on Monday, December 31st will be paid a dividend of $0.235 per share on Thursday, January 24th. The ex-dividend date of this dividend is Friday, December 28th. View Formula Systems (1985)'s Dividend History.

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

Formula Systems (1985) Ltd. (NASDAQ:FORTY) released its quarterly earnings data on Tuesday, November, 20th. The technology company reported $0.45 earnings per share (EPS) for the quarter. The technology company had revenue of $362.43 million for the quarter. Formula Systems (1985) had a net margin of 1.83% and a return on equity of 3.42%. 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, March 21st 2019. View Earnings Estimates for Formula Systems (1985).

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

Headlines about FORTY stock have trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Formula Systems (1985) earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the next several days.

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 $38.70.

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

Formula Systems (1985) has a market capitalization of $560.04 million and generates $1.36 billion in revenue each year. Formula Systems (1985) employs 14,477 workers across the globe.

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:  2.3 out of 5 (star star)
Outperform Votes:  61 (Vote Outperform)
Underperform Votes:  74 (Vote Underperform)
Total Votes:  135
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 1/19/2019 by MarketBeat.com Staff

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