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NASDAQ:FORTY

Formula Systems (1985) Stock Forecast, Price & News

$82.90
-0.70 (-0.84 %)
(As of 03/4/2021 12:00 AM ET)
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Today's Range
$82.60
Now: $82.90
$84.95
50-Day Range
$80.10
MA: $88.40
$96.60
52-Week Range
$36.75
Now: $82.90
$99.06
Volume3,313 shs
Average Volume3,554 shs
Market Capitalization$1.27 billion
P/E Ratio28.59
Dividend Yield1.02%
Beta1.04
Formula Systems (1985) Ltd., through its subsidiaries, provides software, proprietary and non-proprietary software, and software product marketing and support services in Israel and internationally. 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 property and casualty insurance platforms, such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Sapiens Stingray; 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, it 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 and digital insurance suites. Additionally, the company offers application development and business process integration platforms; vertical software solutions; software services and information technologies 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.

Headlines

Sapiens Reports Q4 and Full Year 2020 Financial Results
February 25, 2021 |  finance.yahoo.com
Formula Systems Shares Cross Below 200 DMA
December 15, 2020 |  nasdaq.com
Formula Systems: Debt Overview
November 18, 2020 |  benzinga.com
Formula Systems Reports Third Quarter 2020 Financial Results
November 18, 2020 |  finance.yahoo.com
What's new for Formula 1 2021
November 11, 2020 |  msn.com
Formula Systems (1985) Ltd. (FORTY)
October 30, 2020 |  finance.yahoo.com
A Ray Of Light Emerges In Washington
October 29, 2020 |  forbes.com
See More Headlines

Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryN/A
Current SymbolNASDAQ:FORTY
CUSIPN/A
Phone972-3538-9487
Employees17,378
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.70 billion
Cash Flow$7.84 per share
Book Value$58.62 per share

Profitability

Net Income$38.82 million

Miscellaneous

Market Cap$1.27 billion
Next Earnings Date3/16/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

0.69 out of 5 stars

Computer And Technology Sector

857th out of 1,529 stocks

Custom Computer Programming Services Industry

32nd out of 45 stocks

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
$82.90
-0.70 (-0.84 %)
(As of 03/4/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

What stocks does MarketBeat like better than Formula Systems (1985)?

Wall Street analysts have given Formula Systems (1985) a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Formula Systems (1985) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Formula Systems (1985)?

Formula Systems (1985) saw a drop in short interest during the month of January. As of January 29th, there was short interest totaling 400 shares, a drop of 33.3% from the January 14th total of 600 shares. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is currently 0.2 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 Tuesday, March 16th 2021.
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 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 net margin of 2.44% and a trailing twelve-month return on equity of 4.93%.
View Formula Systems (1985)'s earnings history
.

How has Formula Systems (1985)'s stock price 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 68.5% and is now trading at $82.90.
View which stocks have been most impacted by COVID-19
.

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, February 16th. Investors of record on Friday, January 1st will be given a dividend of $0.4781 per share on Wednesday, February 17th. This represents a dividend yield of 0.9%. The ex-dividend date is Wednesday, February 17th. This is an increase from Formula Systems (1985)'s previous semi-annual dividend of $0.37.
View Formula Systems (1985)'s dividend history
.

Is Formula Systems (1985) a good dividend stock?

Formula Systems (1985) pays an annual dividend of $0.85 per share and currently has a dividend yield of 1.02%.
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:
  • Mr. Guy Bernstein, Chief Exec. Officer (Age 53, Pay $512k)
  • Mr. Asaf Berenstin, Chief Financial Officer (Age 43, Pay $50k)
  • Ms. Maya Solomon-Ella, Chief Operational Officer (Age 43, Pay $204k)

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

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 number of retail and institutional investors. Top institutional investors include TFG Advisers LLC (0.04%).

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

FORTY stock was bought by a variety of institutional investors in the last quarter, including TFG Advisers LLC.

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 $82.90.

How much money does Formula Systems (1985) make?

Formula Systems (1985) has a market capitalization of $1.27 billion and generates $1.70 billion in revenue each year.

How many employees does Formula Systems (1985) have?

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.

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 972-3538-9487 or via email at [email protected]


This page was last updated on 3/5/2021 by MarketBeat.com Staff

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