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

$42.85 -0.85 (-1.95 %)
(As of 01/18/2018 06:48 AM ET)
Previous Close$43.70
Today's Range$42.10 - $42.95
52-Week Range$35.52 - $45.20
Volume1,100 shs
Average Volume1,587 shs
Market Capitalization$643.66 million
P/E Ratio55.65
Dividend Yield0.52%
Beta0.71

About Formula Systems (1985) (NASDAQ:FORTY)

Formula Systems (1985) Ltd. (Formula) is a global information technology (IT) solutions and services holding company. The Company, through its directly held subsidiary and affiliated companies, is engaged in providing software solutions and services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration. The Company operates through two segments: software services and IT professional services. The software services segment develops markets, sells and supports an application platform, software applications, business and process integration solutions, and related services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services.

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Industry, Sector and Symbol

Industry IT Services & Consulting
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:FORTY
CUSIPN/A
Phone972-3538-9487

Debt

Debt-to-Equity Ratio0.18%
Current Ratio1.63%
Quick Ratio1.62%

Price-To-Earnings

Trailing P/E Ratio55.6500733775763
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.11 billion
Price / Sales0.57
Cash Flow$3.65 per share
Price / Cash11.74
Book Value$49.14 per share
Price / Book0.87

Profitability

Trailing EPS$0.77
Net Income$22.44 million
Net Margins0.90%
Return on Equity1.55%
Return on Assets0.79%

Miscellaneous

Employees12,222
Outstanding Shares14,730,000

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) announced a None dividend on Wednesday, September 27th. Shareholders of record on Tuesday, October 17th will be given a dividend of $0.235 per share on Thursday, November 9th. The ex-dividend date is Monday, October 16th. 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 results on Sunday, November, 19th. The technology company reported $0.36 earnings per share for the quarter. Formula Systems (1985) had a return on equity of 1.55% and a net margin of 0.90%. View Formula Systems (1985)'s Earnings History.

When will Formula Systems (1985) make its next earnings announcement?

Formula Systems (1985) is scheduled to release their next quarterly earnings announcement on Thursday, March, 15th 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:

  • Marek Pawel Panek, Chairman of the Board
  • Guy Bernstein, Chief Executive Officer (Age 49)
  • Asaf Berenstin, Chief Financial Officer (Age 38)
  • Dafna Cohen, Director (Age 46)
  • Rafal Kozlowski, Director (Age 42)
  • Iris Yahal, External Director (Age 54)
  • Eliyahu Zamir, External Director (Age 47)

Who owns Formula Systems (1985) stock?

Formula Systems (1985)'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include MEITAV DASH INVESTMENTS LTD (5.00%) and MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. (4.97%). View Institutional Ownership Trends for Formula Systems (1985).

How do I buy Formula Systems (1985) stock?

Shares of Formula Systems (1985) 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 Formula Systems (1985) stock can currently be purchased for approximately $42.85.

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

Formula Systems (1985) has a market capitalization of $643.66 million and generates $1.11 billion in revenue each year. The technology company earns $22.44 million in net income (profit) each year or $0.77 on an earnings per share basis. Formula Systems (1985) employs 12,222 workers across the globe.

How can I contact Formula Systems (1985)?

Formula Systems (1985)'s mailing address is 5 HAPLADA ST., OR YEHUDA L3, 60218. 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:  2.4 out of 5 (star star)
Outperform Votes:  38 (Vote Outperform)
Underperform Votes:  41 (Vote Underperform)
Total Votes:  79
MarketBeat's community ratings are surveys of what our community members think about Formula Systems (1985) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Formula Systems (1985) (NASDAQ:FORTY) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Formula Systems (1985) (NASDAQ:FORTY) Earnings History and Estimates Chart

Earnings by Quarter for Formula Systems (1985) (NASDAQ:FORTY)

Formula Systems (1985) (NASDAQ FORTY) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/15/2018        
11/19/2017Q3 2017$0.36ViewN/AView Earnings Details
5/18/2017Q1 2017$0.01ViewN/AView Earnings Details
3/16/2017Q4 2016$0.40ViewN/AView Earnings Details
11/14/2016Q316$0.38$241.10 million$285.10 millionViewN/AView Earnings Details
8/18/2016Q2$0.45$259.10 millionViewN/AView Earnings Details
6/22/2016Q1$0.27$262.17 millionViewN/AView Earnings Details
3/15/2016Q415$0.29$162.00 million$205.90 millionViewN/AView Earnings Details
11/12/2015Q315$0.42$153.40 million$196.20 millionViewN/AView Earnings Details
8/13/2015Q2$0.15$147.50 million$196.80 millionViewN/AView Earnings Details
5/12/2015Q1 2015$0.42ViewN/AView Earnings Details
3/12/2015Q4 2014$0.60ViewN/AView Earnings Details
11/13/2014Q3 14$0.43$153.36 millionViewN/AView Earnings Details
8/14/2014Q214$0.20$201.20 million$147.50 millionViewN/AView Earnings Details
5/14/2014Q1 2014$1.20ViewN/AView Earnings Details
3/13/2014Q413$4.36$198.30 million$209.50 millionViewN/AView Earnings Details
11/12/2013Q3$0.36$182.00 million$197.30 millionViewN/AView Earnings Details
8/15/2013Q213$0.41$186.10 million$201.20 millionViewN/AView Earnings Details
5/13/2013Q1 2013$0.33ViewN/AView Earnings Details
3/14/2013Q412$0.53$157.30 million$198.30 millionViewN/AView Earnings Details
11/13/2012Q312$0.33$161.50 million$182.00 millionViewN/AView Earnings Details
8/15/2012Q2 2012$0.42ViewN/AView Earnings Details
5/10/2012Q1 2012$0.35ViewN/AView Earnings Details
3/15/2012Q4 2011$0.30ViewN/AView Earnings Details
11/10/2011Q3 2011$0.95ViewN/AView Earnings Details
8/18/2011Q2 2011$0.35ViewN/AView Earnings Details
5/12/2011Q1 2011$0.30ViewN/AView Earnings Details
3/18/2011Q4 2010$0.36ViewN/AView Earnings Details
11/22/2010Q3 2010$0.36ViewN/AView Earnings Details
8/17/2010Q2 2010$0.28ViewN/AView Earnings Details
5/17/2010Q1 2010$0.35ViewN/AView Earnings Details
3/22/2010Q4 2009$0.27ViewN/AView Earnings Details
11/18/2009Q3 2009$0.27ViewN/AView Earnings Details
8/25/2009Q2 2009$0.27ViewN/AView Earnings Details
5/19/2009Q1 2009$0.26ViewN/AView Earnings Details
3/30/2009Q4 2008$0.13ViewN/AView Earnings Details
11/25/2008Q3 2008$0.22ViewN/AView Earnings Details
8/25/2008Q2 2008$0.32ViewN/AView Earnings Details
5/27/2008Q1 2008$0.23ViewN/AView Earnings Details
3/17/2008Q4 2007$0.11ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Formula Systems (1985) (NASDAQ:FORTY) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Formula Systems (1985) (NASDAQ:FORTY) Dividend Information

Most Recent Dividend:11/9/2017
Annual Dividend:$0.23
Dividend Yield:0.54%
Payout Ratio:29.87% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Formula Systems (1985) (NASDAQ:FORTY)

Formula Systems (1985) (NASDAQ:FORTY) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/27/2017None$0.2410/16/201710/17/201711/9/2017
9/21/2017semiannual$0.341.62%10/16/201710/17/201711/2/2017
12/20/2016semiannual$0.342.28%12/28/201612/30/20161/19/2017
6/30/2016$0.247/11/20167/13/20168/4/2016
1/8/2016$0.241/15/20161/20/20162/11/2016
1/7/2016$0.341/15/20161/20/20162/4/2016
6/30/2015$0.347/16/20157/20/20158/6/2015
7/6/2015semiannual$0.342.52%7/16/20157/20/20158/13/2015
7/3/2014annual$0.481.67%7/10/20147/14/20148/7/2014
12/30/2013quarterly$0.311/15/20141/20/20142/6/2014
6/10/2013quarterly$0.377/2/20137/18/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Formula Systems (1985) (NASDAQ FORTY)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Formula Systems (1985) (NASDAQ FORTY) News Headlines

Source:
DateHeadline
BRIEF-‍Meitav Dash Investments Ltd Reports 3.67 Pct Passive Stake In Formula SystemsBRIEF-‍Meitav Dash Investments Ltd Reports 3.67 Pct Passive Stake In Formula Systems
www.reuters.com - January 9 at 9:11 AM
ETFs with exposure to Formula Systems (1985) Ltd. : December 19, 2017ETFs with exposure to Formula Systems (1985) Ltd. : December 19, 2017
finance.yahoo.com - December 19 at 5:39 PM
ETFs with exposure to Formula Systems (1985) Ltd. : December 7, 2017ETFs with exposure to Formula Systems (1985) Ltd. : December 7, 2017
finance.yahoo.com - December 7 at 6:12 PM
Formula Systems (1985) Ltd. :FORTY-US: Earnings Analysis: Q3, 2017 By the Numbers : December 5, 2017Formula Systems (1985) Ltd. :FORTY-US: Earnings Analysis: Q3, 2017 By the Numbers : December 5, 2017
finance.yahoo.com - December 5 at 9:47 AM
Free Research Report as Microsofts Q1 Results Rose on Azure Revenue Growth and Outperformed ProjectionsFree Research Report as Microsoft's Q1 Results Rose on Azure Revenue Growth and Outperformed Projections
finance.yahoo.com - November 27 at 5:46 PM
Formula Systems (1985) Ltd. (FORTY) Rating Lowered to C+ at TheStreetFormula Systems (1985) Ltd. (FORTY) Rating Lowered to C+ at TheStreet
www.americanbankingnews.com - November 21 at 2:38 PM
Form 6-K FORMULA SYSTEMS (1985) For: Nov 20Form 6-K FORMULA SYSTEMS (1985) For: Nov 20
www.streetinsider.com - November 20 at 3:41 PM
Formula Systems Q3 Profit DownFormula Systems Q3 Profit Down
www.nasdaq.com - November 19 at 11:07 PM
Formula Systems Reports Record-Breaking Revenues of $349 Million for the Third Quarter with 22% Year over Year GrowthFormula Systems Reports Record-Breaking Revenues of $349 Million for the Third Quarter with 22% Year over Year Growth
www.prnewswire.com - November 19 at 9:22 AM
Formula Systems (1985) Ltd. : FORTY-US: Dividend Analysis : October 17th, 2017 (record date) : By the numbers : October 25, 2017Formula Systems (1985) Ltd. : FORTY-US: Dividend Analysis : October 17th, 2017 (record date) : By the numbers : October 25, 2017
finance.yahoo.com - October 25 at 11:22 PM
Formula Systems (1985) Ltd. (FORTY) to Issue $0.24 None DividendFormula Systems (1985) Ltd. (FORTY) to Issue $0.24 None Dividend
www.americanbankingnews.com - September 28 at 9:52 AM
Formula Systems (1985) Ltd. :FORTY-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017Formula Systems (1985) Ltd. :FORTY-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017
finance.yahoo.com - September 21 at 6:53 PM
Formula Systems (1985) Ltd. (FORTY) Declares Semiannual Dividend of $0.34Formula Systems (1985) Ltd. (FORTY) Declares Semiannual Dividend of $0.34
www.americanbankingnews.com - September 21 at 5:39 PM
Formula Systems Announces Distribution of Cash Dividend for the First Half of 2017Formula Systems Announces Distribution of Cash Dividend for the First Half of 2017
finance.yahoo.com - September 19 at 4:33 AM
Form 6-K FORMULA SYSTEMS (1985) For: Aug 22Form 6-K FORMULA SYSTEMS (1985) For: Aug 22
www.streetinsider.com - August 22 at 7:18 PM
Formula Systems Reports Record-Breaking Revenues of $329 Million for the Second Quarter with 27% Year Over Year GrowthFormula Systems Reports Record-Breaking Revenues of $329 Million for the Second Quarter with 27% Year Over Year Growth
www.bizjournals.com - August 17 at 8:01 PM
Formula Systems (1985) Ltd. (NASDAQ:FORTY) Scheduled to Post Quarterly Earnings on ThursdayFormula Systems (1985) Ltd. (NASDAQ:FORTY) Scheduled to Post Quarterly Earnings on Thursday
www.americanbankingnews.com - August 15 at 9:02 AM
Sapiens Reports Q2 2017 Financial ResultsSapiens Reports Q2 2017 Financial Results
finance.yahoo.com - August 7 at 3:39 AM
A 14 Factor Heath, Jarrow & Morton Model For The United Kingdom Government Securities Yield Curve, 1979 To 2017A 14 Factor Heath, Jarrow & Morton Model For The United Kingdom Government Securities Yield Curve, 1979 To 2017
seekingalpha.com - July 12 at 5:58 AM
Mid-Afternoon Market Update: NASDAQ Down Over 100 Points; Bassett Shares Spike HigherMid-Afternoon Market Update: NASDAQ Down Over 100 Points; Bassett Shares Spike Higher
www.nasdaq.com - June 29 at 9:07 PM
BRIEF-Formula Systems 1985 reports Q1 resultsBRIEF-Formula Systems 1985 reports Q1 results
www.reuters.com - May 19 at 7:28 AM
Form 6-K FORMULA SYSTEMS (1985) For: Mar 16Form 6-K FORMULA SYSTEMS (1985) For: Mar 16
www.streetinsider.com - March 16 at 11:36 PM
Formula Systems goes ex-dividend todayFormula Systems goes ex-dividend today
seekingalpha.com - December 28 at 3:27 PM
Formula Systems reports Q3 resultsFormula Systems reports Q3 results
seekingalpha.com - November 14 at 6:33 AM
Mid-Afternoon Market Update: Crude Oil Down 1.2%; Macrocure Shares Surge Following Merger Agreement With Leap TherapeuticsMid-Afternoon Market Update: Crude Oil Down 1.2%; Macrocure Shares Surge Following Merger Agreement With Leap Therapeutics
feeds.benzinga.com - August 29 at 3:22 PM
The Morning Ledger: Sagging Hedge Funds Test Industry’s Street CredThe Morning Ledger: Sagging Hedge Funds Test Industry’s Street Cred
blogs.wsj.com - August 17 at 8:05 AM
Formula Systems declares $0.34 dividendFormula Systems declares $0.34 dividend
seekingalpha.com - June 29 at 7:02 AM
Formula Systems posts 1Q profitFormula Systems posts 1Q profit
www.cnbc.com - June 23 at 4:12 PM
Formula Systems reports Q1 resultsFormula Systems reports Q1 results
seekingalpha.com - June 22 at 5:50 AM
For some British firms, red tape spreads from London, not BrusselsFor some British firms, red tape spreads from London, not Brussels
www.businessinsider.com - June 6 at 4:58 PM
Formula Systems reports Q4 resultsFormula Systems reports Q4 results
seekingalpha.com - March 15 at 6:05 AM

SEC Filings

Formula Systems (1985) (NASDAQ:FORTY) SEC Filings

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Financials

Formula Systems (1985) (NASDAQ:FORTY) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Formula Systems (1985) (NASDAQ FORTY) Stock Chart for Thursday, January, 18, 2018

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This page was last updated on 1/18/2018 by MarketBeat.com Staff

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