NASDAQ:FORTY

Formula Systems (1985) Stock Forecast, Price & News

$117.20
+1.29 (+1.11%)
(As of 01/14/2022 12:00 AM ET)
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Today's Range
$116.88
$118.80
50-Day Range
$115.67
$125.78
52-Week Range
$79.25
$142.00
Volume
7,638 shs
Average Volume
5,560 shs
Market Capitalization
$1.79 billion
P/E Ratio
35.84
Dividend Yield
0.97%
Beta
1.08
30 days | 90 days | 365 days | Advanced Chart
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Formula Systems (1985) logo

About Formula Systems (1985)

Formula Systems (1985) Ltd. engages in the provision of software solutions and IT professional services. It operates through the following segments: Matrix, Sapiens, Magic Software, and Other. The company was founded on April 2, 1985 and is headquartered in Or Yehuda, Israel.

Headlines

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Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Current Symbol
NASDAQ:FORTY
Employees
18,457
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.93 billion
Cash Flow
$9.30 per share
Book Value
$72.50 per share

Profitability

Net Income
$46.78 million
Pretax Margin
7.29%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$1.79 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
11/18/2021
Today
1/17/2022
Next Earnings (Estimated)
3/16/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.42 out of 5 stars

Analyst Opinion: 0.0Community Rank: 4.0Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












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

How has Formula Systems (1985)'s stock been impacted by COVID-19?

Formula Systems (1985)'s stock was trading at $49.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FORTY stock has increased by 138.2% and is now trading at $117.20.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Formula Systems (1985)?

Formula Systems (1985) saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,400 shares, a decline of 54.8% from the December 15th total of 3,100 shares. Based on an average trading volume of 5,200 shares, the short-interest ratio is currently 0.3 days.
View Formula Systems (1985)'s Short Interest
.

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

Formula Systems (1985) is scheduled to release its next quarterly earnings announcement on Wednesday, March 16th 2022.
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, November, 18th. The technology company reported $0.85 earnings per share for the quarter. The technology company had revenue of $586.26 million for the quarter. Formula Systems (1985) had a trailing twelve-month return on equity of 4.55% and a net margin of 2.22%.
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) declared a Semi-Annual dividend on Friday, August 20th. Stockholders of record on Wednesday, September 1st will be paid a dividend of $0.566 per share on Monday, October 4th. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, August 31st. This is a positive change from Formula Systems (1985)'s previous Semi-Annual dividend of $0.48.
View Formula Systems (1985)'s dividend history
.

Is Formula Systems (1985) a good dividend stock?

Formula Systems (1985) pays an annual dividend of $1.14 per share and currently has a dividend yield of 0.97%. Formula Systems (1985) does not yet have a strong track record of dividend growth. The dividend payout ratio of Formula Systems (1985) is 34.86%. This payout ratio is at a healthy, sustainable level, below 75%.
View Formula Systems (1985)'s dividend history.

Who are Formula Systems (1985)'s key executives?

Formula Systems (1985)'s management team includes the following people:
  • Guy Shimon Bernstein, Chief Executive Officer
  • Maya Solomon Ella, Chief Operational Officer
  • Asaf Berenstin, Chief Financial Officer
  • Eyal Weitzman, Internal Auditor

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 institutional and retail investors. Top institutional investors include Fulton Bank N.A. (0.01%).

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

FORTY stock was bought by a variety of institutional investors in the last quarter, including Fulton Bank N.A..

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

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

One share of FORTY stock can currently be purchased for approximately $117.20.

How much money does Formula Systems (1985) make?

Formula Systems (1985) has a market capitalization of $1.79 billion and generates $1.93 billion in revenue each year. The technology company earns $46.78 million in net income (profit) each year or $3.27 on an earnings per share basis.

How many employees does Formula Systems (1985) have?

Formula Systems (1985) employs 18,457 workers across the globe.

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

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

Where are Formula Systems (1985)'s headquarters?

Formula Systems (1985) is headquartered at 5 HAPLADA STREET, OR YEHUDA L3, 6021805.

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 (723) 538-9389, via email at [email protected], or via fax at 972-3538-9645.


This page was last updated on 1/17/2022 by MarketBeat.com Staff

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