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.
Industry, Sector and Symbol
Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
Phone972-3538-9487
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.49 billion
Profitability
Miscellaneous
Employees15,101
Next Earnings Date3/17/2020 (Estimated)
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) announced a dividend on Tuesday, November 19th. Stockholders of record on Tuesday, December 24th will be given a dividend of $0.325 per share on Monday, January 1st. The ex-dividend date of this dividend is Monday, December 23rd. This is a positive change from Formula Systems (1985)'s previous dividend of $0.24. View Formula Systems (1985)'s Dividend History.
How were Formula Systems (1985)'s earnings last quarter?
Formula Systems (1985) Ltd. (NASDAQ:FORTY) issued its quarterly earnings data on Monday, November, 14th. The technology company reported $0.38 earnings per share for the quarter. The technology company had revenue of $285.10 million for the quarter, compared to analyst estimates of $241.10 million. Formula Systems (1985) had a return on equity of 4.33% and a net margin of 2.39%. View Formula Systems (1985)'s Earnings History.
When is Formula Systems (1985)'s next earnings date?
Has Formula Systems (1985) been receiving favorable news coverage?
News headlines about FORTY stock have trended extremely negative on Wednesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring 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 coverage optimism score of -5.0 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Formula Systems (1985).
Who are some of Formula Systems (1985)'s key competitors?
Some companies that are related to Formula Systems (1985) include Endava (DAVA), PROS (PRO), Perficient (PRFT), Sogou (SOGO), Virtusa (VRTU), Glu Mobile (GLUU), Monotype Imaging (TYPE), PDF Solutions (PDFS), Computer Programs & Systems (CPSI), AGM Group (AGMH), Synchronoss Technologies (SNCR), Perion Network (PERI), Bright Mountain Media (BMTM), Innovative Solutions & Support (ISSC) and Computer Task Group (CTG).
What other stocks do shareholders of Formula Systems (1985) own?
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 51)
- Ms. Maya Solomon-Ella, Chief Operational Officer (Age 41)
- Mr. Asaf Berenstin, Chief Financial Officer (Age 41)
Who are Formula Systems (1985)'s major shareholders?
Formula Systems (1985)'s stock is owned by a number of of retail and institutional investors. Top institutional investors include GHP Investment Advisors Inc. (0.05%), Jane Street Group LLC (0.03%) and UBS Group AG (0.00%).
Which institutional investors are selling Formula Systems (1985) stock?
FORTY stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG.
Which institutional investors are buying Formula Systems (1985) stock?
FORTY stock was purchased by a variety of institutional investors in the last quarter, including Jane Street Group LLC and GHP Investment Advisors Inc..
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 $68.01.
How big of a company is Formula Systems (1985)?
What is Formula Systems (1985)'s official website?
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]
MarketBeat Community Rating for Formula Systems (1985) (NASDAQ 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 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.
