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.
Industry, Sector and Symbol
Industry COMPUTER SOFT/SERV
SectorComputer and Technology
Trailing P/E Ratio48.5915492957746
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$1.36 billion
Price / Sales0.38
Cash Flow$3.57 per share
Price / Cash9.67
Book Value$52.48 per share
Price / Book0.66
Net Income$11.18 million
Return on Equity1.43%
Return on Assets0.72%
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 None dividend on Wednesday, September 27th. Investors 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) posted its quarterly earnings data on Thursday, March, 15th. The technology company reported $0.34 earnings per share for the quarter. The technology company earned $366.54 million during the quarter. Formula Systems (1985) had a return on equity of 1.43% and a net margin of 0.80%. View Formula Systems (1985)'s Earnings History.
When will Formula Systems (1985) make its next earnings announcement?
Who are some of Formula Systems (1985)'s key competitors?
Some companies that are related to Formula Systems (1985) include Everbridge (EVBG), Workiva (WK), Internet Initiative Japan (IIJI), Monotype Imaging (TYPE), CommerceHub (CHUBA), CommerceHub (CHUBK), Web.com Group (WEB), Carbonite (CARB), ANGI Homeservices (ANGI), LivePerson (LPSN), NIC (EGOV), Radware (RDWR), Liberty Tripadvisor (LTRPA), 21Vianet Group (VNET), QAD (QADA), Tuniu (TOUR), Xunlei (XNET) and Perficient (PRFT).
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 39)
- Dafna Cohen, Director (Age 46)
- Rafal Kozlowski, Director (Age 42)
- Iris Yahal, External Director (Age 54)
- Eliyahu Zamir, External Director (Age 47)
Has Formula Systems (1985) been receiving favorable news coverage?
News headlines about FORTY stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Formula Systems (1985) earned a media sentiment score of 0.17 on Accern's scale. They also gave media stories about the technology company an impact score of 45.79 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Formula Systems (1985)'s major shareholders?
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 $34.50.
How big of a company is Formula Systems (1985)?
Formula Systems (1985) has a market capitalization of $530.24 million and generates $1.36 billion in revenue each year. The technology company earns $11.18 million in net income (profit) each year or $0.71 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)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.
Formula Systems (1985) (NASDAQ:FORTY) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Formula Systems (1985) (NASDAQ:FORTY) Earnings History and Estimates Chart
Formula Systems (1985) (NASDAQ FORTY) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/17/2018|| || || || || || || || |
|3/15/2018||Q4 2017||$0.34||$366.54 million||View||N/A|
|11/19/2017||Q3 2017||$0.36||$348.63 million||View||N/A|
|5/18/2017||Q1 2017||$0.01||$310.88 million||View||N/A|
|3/16/2017||Q4 2016||$0.40||$302.31 million||View||N/A|
|11/14/2016||Q316||$0.38||$241.10 million||$285.10 million||View||N/A|
|3/15/2016||Q415||$0.29||$162.00 million||$205.90 million||View||N/A|
|11/12/2015||Q315||$0.42||$153.40 million||$196.20 million||View||N/A|
|8/13/2015||Q2||$0.15||$147.50 million||$196.80 million||View||N/A|
|5/12/2015||Q1 2015||$0.42||$194.41 million||View||N/A|
|3/12/2015||Q4 2014||$0.60||$162.05 million||View||N/A|
|11/13/2014||Q3 14||$0.43||$153.36 million||View||N/A|
|8/14/2014||Q214||$0.20||$201.20 million||$147.50 million||View||N/A|
|5/14/2014||Q1 2014||$1.20||$173.49 million||View||N/A|
|3/13/2014||Q413||$4.36||$198.30 million||$209.50 million||View||N/A|
|11/12/2013||Q3||$0.36||$182.00 million||$197.30 million||View||N/A|
|8/15/2013||Q213||$0.41||$186.10 million||$201.20 million||View||N/A|
|5/13/2013||Q1 2013||$0.33||$188.77 million||View||N/A|
|3/14/2013||Q412||$0.53||$157.30 million||$198.30 million||View||N/A|
|11/13/2012||Q312||$0.33||$161.50 million||$182.00 million||View||N/A|
Formula Systems (1985) (NASDAQ:FORTY) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Formula Systems (1985) (NASDAQ:FORTY) Dividend Information
|Most Recent Dividend:||11/9/2017|
|Payout Ratio:||32.39% (Trailing 12 Months of Earnings) |
Formula Systems (1985) (NASDAQ:FORTY) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Formula Systems (1985) (NASDAQ FORTY)
No insider trades for this company have been tracked by MarketBeat.com
Formula Systems (1985) (NASDAQ FORTY) News Headlines
|Formula Systems Reports Record-Breaking Revenues of $367 Million for the Fourth Quarter with 21% Year Over Year Growth|
finance.yahoo.com - March 15 at 5:05 PM
|BRIEF-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, 2017|
finance.yahoo.com - December 19 at 5:39 PM
|ETFs 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, 2017|
finance.yahoo.com - December 5 at 9:47 AM
|Free 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 TheStreet|
www.americanbankingnews.com - November 21 at 2:38 PM
|Form 6-K FORMULA SYSTEMS (1985) For: Nov 20|
www.streetinsider.com - November 20 at 3:41 PM
|Formula 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 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, 2017|
finance.yahoo.com - October 25 at 11:22 PM
|Formula 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, 2017|
finance.yahoo.com - September 21 at 6:53 PM
|Formula 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 2017|
finance.yahoo.com - September 19 at 4:33 AM
|Form 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 Growth|
www.bizjournals.com - August 17 at 8:01 PM
|Formula 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 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 2017|
seekingalpha.com - July 12 at 5:58 AM
|Mid-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 results|
www.reuters.com - May 19 at 7:28 AM
|Form 6-K FORMULA SYSTEMS (1985) For: Mar 16|
www.streetinsider.com - March 16 at 11:36 PM
|Formula Systems goes ex-dividend today|
seekingalpha.com - December 28 at 3:27 PM
|Formula 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 Therapeutics|
feeds.benzinga.com - August 29 at 3:22 PM
|The Morning Ledger: Sagging Hedge Funds Test Industry’s Street Cred|
blogs.wsj.com - August 17 at 8:05 AM
|Formula Systems declares $0.34 dividend|
seekingalpha.com - June 29 at 7:02 AM
|Formula Systems posts 1Q profit|
www.cnbc.com - June 23 at 4:12 PM
|Formula Systems reports Q1 results|
seekingalpha.com - June 22 at 5:50 AM
|For some British firms, red tape spreads from London, not Brussels|
www.businessinsider.com - June 6 at 4:58 PM
|Formula Systems reports Q4 results|
seekingalpha.com - March 15 at 6:05 AM
Formula Systems (1985) (NASDAQ:FORTY) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Formula Systems (1985) (NASDAQ:FORTY) Income Statement, Balance Sheet and Cash Flow Statement
Formula Systems (1985) (NASDAQ FORTY) Stock Chart for Tuesday, March, 20, 2018