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NASDAQ:FORTY

Formula Systems (1985) Stock Forecast, Price & News

$77.46
-3.54 (-4.37 %)
(As of 09/24/2020 12:00 AM ET)
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Today's Range
$77.46
Now: $77.46▼
$77.46
50-Day Range
$81.00
MA: $90.00▼
$99.06
52-Week Range
$36.75
Now: $77.46▼
$99.06
Volume373 shs
Average Volume817 shs
Market Capitalization$1.18 billion
P/E Ratio28.58
Dividend Yield0.91%
Beta1.23
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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Beat the Market (BTM) Rank™

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

0.57 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:FORTY
Previous Symbol
CUSIPN/A
CIK1045986
Webwww.formulasystems.com
Phone972-3538-9487

Debt

Debt-to-Equity Ratio0.46
Current Ratio1.60
Quick Ratio1.58

Price-To-Earnings

Trailing P/E Ratio28.58
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.70 billion
Price / Sales0.70
Cash Flow$7.62 per share
Price / Cash Flow10.17
Book Value$58.62 per share
Price / Book1.32

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$38.82 million
Net Margins2.33%
Return on Equity4.70%
Return on Assets2.00%

Miscellaneous

Employees17,378
Outstanding Shares15,290,000
Market Cap$1.18 billion
Next Earnings Date11/17/2020 (Estimated)
OptionableNot Optionable
$77.46
-3.54 (-4.37 %)
(As of 09/24/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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. Since then, FORTY stock has increased by 57.4% and is now trading at $77.46.
View which stocks have been most impacted by COVID-19.

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

Formula Systems (1985) is scheduled to release its next quarterly earnings announcement on Tuesday, November 17th 2020.
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 results on Tuesday, August, 18th. The technology company reported $0.73 earnings per share (EPS) for the quarter. The technology company had revenue of $437.06 million for the quarter. Formula Systems (1985) had a net margin of 2.33% and a return on equity of 4.70%.
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) announced a Semi-Annual dividend on Tuesday, August 18th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $0.37 per share on Wednesday, September 16th. The ex-dividend date is Wednesday, September 2nd. This is a positive change from Formula Systems (1985)'s previous Semi-Annual dividend of $0.26.
View Formula Systems (1985)'s dividend history.

Who are some of Formula Systems (1985)'s key competitors?

Some companies that are related to Formula Systems (1985) include Sogou (SOGO), Endava (DAVA), Virtusa (VRTU), Perficient (PRFT), PROS (PRO), Glu Mobile (GLUU), Monotype Imaging (TYPE), Computer Programs & Systems (CPSI), Bright Mountain Media (BMTM), AGM Group (AGMH), Perion Network (PERI), Synchronoss Technologies (SNCR), Innovative Solutions & Support (ISSC), Luokung Technology (LKCO) and Computer Task Group (CTG).
View all competitors.

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

Formula Systems (1985)'s management team includes the following 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)

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 a variety of institutional and retail investors. Top institutional investors include Mount Yale Investment Advisors LLC (0.03%), TFG Advisers LLC (0.03%) and UBS Group AG (0.01%).

Which institutional investors are selling Formula Systems (1985) stock?

FORTY stock was sold by a variety of institutional investors in the last quarter, including Mount Yale Investment Advisors LLC, and TFG Advisers LLC.

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

FORTY stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG.

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 $77.46.

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

Formula Systems (1985) has a market capitalization of $1.18 billion and generates $1.70 billion in revenue each year. Formula Systems (1985) employs 17,378 workers across the globe.

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

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

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]

This page was last updated on 9/25/2020 by MarketBeat.com Staff
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