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S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
These 5 Tech Stocks Have 10x Potential (Ad)pixel
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
These 5 Tech Stocks Have 10x Potential (Ad)pixel
China fines former NBA star Lin over quarantine comments
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
These 5 Tech Stocks Have 10x Potential (Ad)pixel
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
These 5 Tech Stocks Have 10x Potential (Ad)pixel
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
These 5 Tech Stocks Have 10x Potential (Ad)pixel
China fines former NBA star Lin over quarantine comments
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
These 5 Tech Stocks Have 10x Potential (Ad)pixel
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
These 5 Tech Stocks Have 10x Potential (Ad)pixel
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
These 5 Tech Stocks Have 10x Potential (Ad)pixel
China fines former NBA star Lin over quarantine comments
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
These 5 Tech Stocks Have 10x Potential (Ad)pixel
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
NASDAQ:FORTY

Formula Systems (1985) - FORTY Stock Forecast, Price & News

$79.14
-5.31 (-6.29%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$79.14
$80.77
50-Day Range
$73.00
$85.75
52-Week Range
$73.00
$124.83
Volume
499 shs
Average Volume
2,366 shs
Market Capitalization
$1.21 billion
P/E Ratio
15.07
Dividend Yield
1.32%
Price Target
N/A

Formula Systems (1985) MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.96mentions of Formula Systems (1985) in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.27 out of 5 stars

Computer And Technology Sector

267th out of 640 stocks

Custom Computer Programming Services Industry

15th out of 27 stocks

FORTY stock logo

About Formula Systems (1985) (NASDAQ:FORTY) Stock

Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions worldwide. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; and database and big data services. It also provides customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, application integration, database and system, data management, and software development tools; and professional training courses and advanced professional studies. In addition, it markets and sells computers and peripheral equipment to business customers; offers property and casualty insurance platforms, such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Tia Enterprise; life, pension, and annuities platforms, including Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster; reinsurance software solutions comprising Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO; and Sapiens platform for workers' compensation solutions. Further, the company provides financial and compliance solutions that include Sapiens FinancialPro, Sapiens Financial GO, and Sapiens StatementPro; Sapiens DECISION, a decision management platform; and technology-based solutions. Additionally, it offers application development and business process integration platforms; vertical software solutions; strategic consulting and outsourcing services; and professional services in various areas, as well as develops on-premise payroll software. Formula Systems (1985) Ltd. was incorporated in 1985 and is headquartered in Or Yehuda, Israel.

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FORTY Stock News Headlines

Formula Systems (1985) Ltd. (FORTY.TA)
Formula E Racing Helps Jaguar Accelerate Towards EVs
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FORTY Company Calendar

Last Earnings
11/14/2016
Ex-Dividend for 12/30 Dividend
12/02/2022
Today
12/03/2022
Dividend Payable
12/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/15/2023

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Current Symbol
NASDAQ:FORTY
Employees
20,333
Year Founded
N/A

Profitability

Net Income
$54.58 million
Pretax Margin
9.84%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$11.10 per share
Book Value
$74.87 per share

Miscellaneous

Free Float
11,730,000
Market Cap
$1.21 billion
Optionable
Not Optionable
Beta
1.02

Key Executives

  • Mr. Guy Bernstein (Age 54)
    Chief Exec. Officer
    Comp: $2.35M
  • Mr. Asaf Berenstin (Age 44)
    Chief Financial Officer
    Comp: $125k
  • Ms. Maya Solomon-Ella (Age 44)
    Chief Operational Officer
    Comp: $289k













FORTY Stock - Frequently Asked Questions

How have FORTY shares performed in 2022?

Formula Systems (1985)'s stock was trading at $123.97 at the start of the year. Since then, FORTY shares have decreased by 36.2% and is now trading at $79.14.
View the best growth stocks for 2022 here
.

Are investors shorting Formula Systems (1985)?

Formula Systems (1985) saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 400 shares, a decrease of 20.0% from the October 31st total of 500 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 0.4 days.
View Formula Systems (1985)'s Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 15th 2023.
View our FORTY earnings forecast
.

How were Formula Systems (1985)'s earnings last quarter?

Formula Systems (1985) Ltd. (NASDAQ:FORTY) released its quarterly earnings results 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 trailing twelve-month return on equity of 7.00% and a net margin of 3.14%.

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 Thursday, November 17th. Shareholders of record on Monday, December 5th will be paid a dividend of $0.671 per share on Friday, December 30th. This represents a dividend yield of 1.3%. The ex-dividend date is Friday, December 2nd.
Read our dividend analysis for FORTY
.

Is Formula Systems (1985) a good dividend stock?

Formula Systems (1985) (NASDAQ:FORTY) pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.32%. The dividend payout ratio is 21.33%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FORTY.

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 retail and institutional investors. Top institutional shareholders include TFG Advisers LLC (0.04%), Jane Street Group LLC (0.02%) and UBS Group AG (0.01%).

How do I buy shares of Formula Systems (1985)?

Shares of FORTY stock 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 $79.14.

How much money does Formula Systems (1985) make?

Formula Systems (1985) (NASDAQ:FORTY) has a market capitalization of $1.21 billion and generates $2.41 billion in revenue each year. The technology company earns $54.58 million in net income (profit) each year or $5.25 on an earnings per share basis.

How many employees does Formula Systems (1985) have?

The company employs 20,333 workers across the globe.

How can I contact Formula Systems (1985)?

Formula Systems (1985)'s mailing address is 5 HAPLADA STREET, OR YEHUDA L3, 6021805. The official website for the company is www.formulasystems.com. The technology company can be reached via phone at (723) 538-9389, via email at ir@formula.co.il, or via fax at 972-3538-9645.

This page (NASDAQ:FORTY) was last updated on 12/3/2022 by MarketBeat.com Staff