NYSE:FN - Fabrinet Stock Price, News, & Analysis

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$44.06 -0.66 (-1.48 %)
(As of 10/23/2018 04:00 PM ET)
Previous Close$44.72
Today's Range$42.85 - $44.55
52-Week Range$24.02 - $48.97
Volume41,777 shs
Average Volume345,859 shs
Market Capitalization$1.64 billion
P/E Ratio14.80
Dividend YieldN/A
Beta0.58
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, packaging, integration, final assembly, and test. Its products comprise switching products, such as reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths and speeds, and over various distances; tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as for Infiniband, Ethernet, fiber channel, and optical backplane connectivity. The company also offers solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. In addition, it designs and fabricates application-specific crystals, lenses, prisms, mirrors, and laser components and substrates, as well as other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. The company serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, medical devices, and sensors. Fabrinet was incorporated in 1999 and is based in George Town, the Cayman Islands.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Telephone & telegraph apparatus
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Current SymbolNYSE:FN
Previous Symbol
CUSIPG3323L10
Phone662-524-9600

Debt

Debt-to-Equity Ratio0.08
Current Ratio3.16
Quick Ratio2.21

Price-To-Earnings

Trailing P/E Ratio14.80
Forward P/E Ratio14.12
P/E Growth1.11

Sales & Book Value

Annual Sales$1.37 billion
Price / Sales1.17
Cash Flow$3.8081 per share
Price / Cash11.57
Book Value$20.08 per share
Price / Book2.19

Profitability

EPS (Most Recent Fiscal Year)$2.98
Net Income$84.16 million
Net Margins6.14%
Return on Equity12.68%
Return on Assets8.72%

Miscellaneous

Employees10,579
Outstanding Shares36,450,000
Market Cap$1.64 billion
OptionableN/A

Fabrinet (NYSE:FN) Frequently Asked Questions

What is Fabrinet's stock symbol?

Fabrinet trades on the New York Stock Exchange (NYSE) under the ticker symbol "FN."

How will Fabrinet's stock buyback program work?

Fabrinet announced that its board has approved a stock repurchase plan on Tuesday, February 6th 2018, which allows the company to repurchase $30,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

How were Fabrinet's earnings last quarter?

Fabrinet (NYSE:FN) released its earnings results on Monday, August, 20th. The technology company reported $0.81 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.75 by $0.06. The technology company earned $345.30 million during the quarter, compared to the consensus estimate of $338.12 million. Fabrinet had a net margin of 6.14% and a return on equity of 12.68%. The firm's revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.86 EPS. View Fabrinet's Earnings History.

When is Fabrinet's next earnings date?

Fabrinet is scheduled to release their next quarterly earnings announcement on Monday, November 5th 2018. View Earnings Estimates for Fabrinet.

How can I listen to Fabrinet's earnings call?

Fabrinet will be holding an earnings conference call on Monday, November 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883573694.

What guidance has Fabrinet issued on next quarter's earnings?

Fabrinet issued an update on its first quarter earnings guidance on Monday, August, 20th. The company provided EPS guidance of $0.80-0.83 for the period, compared to the Thomson Reuters consensus estimate of $0.79. The company issued revenue guidance of $347-355 million, compared to the consensus revenue estimate of $348.21 million.

What price target have analysts set for FN?

6 Wall Street analysts have issued 12-month price objectives for Fabrinet's shares. Their predictions range from $33.00 to $58.00. On average, they expect Fabrinet's share price to reach $48.3333 in the next year. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets for Fabrinet.

What is the consensus analysts' recommendation for Fabrinet?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fabrinet in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fabrinet.

Are investors shorting Fabrinet?

Fabrinet saw a drop in short interest in the month of September. As of September 28th, there was short interest totalling 731,736 shares, a drop of 32.4% from the September 14th total of 1,081,817 shares. Based on an average trading volume of 416,656 shares, the days-to-cover ratio is currently 1.8 days. Currently, 2.1% of the company's shares are short sold. View Fabrinet's Current Options Chain.

Who are some of Fabrinet's key competitors?

Who are Fabrinet's key executives?

Fabrinet's management team includes the folowing people:
  • Mr. David Tom Mitchell, Founder & Chairman (Age 76)
  • Dr. Harpal S. Gill, Pres & COO (Age 65)
  • Mr. Toh-Seng Ng, Exec. VP & CFO (Age 64)
  • Mr. Seamus Grady, CEO & Director (Age 51)
  • Mr. Colin R. Campbell, VP & Gen. Counsel

Who are Fabrinet's major shareholders?

Fabrinet's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.25%), Scout Investments Inc. (0.22%), Strs Ohio (0.06%), Seven Eight Capital LP (0.03%), Fox Run Management L.L.C. (0.01%) and Boenning & Scattergood Inc. (0.01%). Company insiders that own Fabrinet stock include David T Mitchell, Frank H Levinson, Harpal Gill, Rollance E Olson, Thomas F Kelly and Toh-Seng Ng. View Institutional Ownership Trends for Fabrinet.

Which institutional investors are buying Fabrinet stock?

FN stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Strs Ohio, Seven Eight Capital LP, Fox Run Management L.L.C., Boenning & Scattergood Inc. and Scout Investments Inc.. View Insider Buying and Selling for Fabrinet.

How do I buy shares of Fabrinet?

Shares of FN 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, Scottrade, Fidelity and Charles Schwab.

What is Fabrinet's stock price today?

One share of FN stock can currently be purchased for approximately $44.27.

How big of a company is Fabrinet?

Fabrinet has a market capitalization of $1.64 billion and generates $1.37 billion in revenue each year. The technology company earns $84.16 million in net income (profit) each year or $2.98 on an earnings per share basis. Fabrinet employs 10,579 workers across the globe.

What is Fabrinet's official website?

The official website for Fabrinet is http://www.fabrinet.com.

How can I contact Fabrinet?

Fabrinet's mailing address is 190 ELGIN AVENUE, GEORGE TOWN E9, KY1-9005. The technology company can be reached via phone at 662-524-9600 or via email at [email protected]


MarketBeat Community Rating for Fabrinet (NYSE FN)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  488 (Vote Outperform)
Underperform Votes:  256 (Vote Underperform)
Total Votes:  744
MarketBeat's community ratings are surveys of what our community members think about Fabrinet and other stocks. Vote "Outperform" if you believe FN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

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