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

Sign in or create an account to add this stock to your watchlist.
$47.97 -0.72 (-1.48 %)
(As of 12/9/2018 04:00 PM ET)
Previous Close$47.97
Today's Range$47.7750 - $49.36
52-Week Range$24.02 - $54.70
Volume509,525 shs
Average Volume363,155 shs
Market Capitalization$1.77 billion
P/E Ratio16.10
Dividend YieldN/A
Beta0.65
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.

Receive FN News and Ratings via Email

Sign-up to receive the latest news and ratings for FN and its competitors with MarketBeat's FREE daily newsletter.

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 Ratio3.00
Quick Ratio2.09

Price-To-Earnings

Trailing P/E Ratio16.10
Forward P/E Ratio15.38
P/E Growth1.18

Sales & Book Value

Annual Sales$1.37 billion
Price / Sales1.29
Cash Flow$3.8905 per share
Price / Cash Flow12.33
Book Value$20.08 per share
Price / Book2.39

Profitability

EPS (Most Recent Fiscal Year)$2.98
Net Income$84.16 million
Net Margins6.54%
Return on Equity13.53%
Return on Assets9.26%

Miscellaneous

Employees10,579
Outstanding Shares36,830,000
Market Cap$1.77 billion
OptionableOptionable

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 declared that its Board of Directors has initiated a share repurchase program on Tuesday, February 6th 2018, which permits the company to buyback $30,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

How were Fabrinet's earnings last quarter?

Fabrinet (NYSE:FN) released its quarterly earnings results on Monday, November, 5th. The technology company reported $0.92 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.68 by $0.24. The technology company earned $377 million during the quarter, compared to analysts' expectations of $352.28 million. Fabrinet had a return on equity of 13.53% and a net margin of 6.54%. The firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the business earned $0.75 earnings per share. View Fabrinet's Earnings History.

When is Fabrinet's next earnings date?

Fabrinet is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for Fabrinet.

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

Fabrinet issued an update on its second quarter earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $0.91-0.94 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.84. The company issued revenue guidance of $380-388 million, compared to the consensus revenue estimate of $366.07 million.Fabrinet also updated its Q2 2019 guidance to $0.91-0.94 EPS.

What price target have analysts set for FN?

5 brokerages have issued twelve-month price targets for Fabrinet's stock. Their forecasts range from $33.00 to $58.00. On average, they expect Fabrinet's share price to reach $50.40 in the next year. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Price Targets for Fabrinet.

What is the consensus analysts' recommendation for Fabrinet?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fabrinet in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fabrinet.

Has Fabrinet been receiving favorable news coverage?

Press coverage about FN stock has been trending somewhat positive recently, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fabrinet earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Are investors shorting Fabrinet?

Fabrinet saw a decline in short interest in the month of November. As of November 15th, there was short interest totalling 542,689 shares, a decline of 38.5% from the October 31st total of 883,104 shares. Based on an average daily trading volume, of 591,428 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.5% of the shares of the stock are sold short. 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.19%), Dimensional Fund Advisors LP (8.28%), Vanguard Group Inc. (5.93%), Royce & Associates LP (4.44%), Frontier Capital Management Co. LLC (4.34%) and FMR LLC (4.15%). Company insiders that own Fabrinet stock include David T Mitchell, Frank H Levinson, Harpal Gill, Rollance E Olson, Seamus Grady, Thomas F Kelly and Toh-Seng Ng. View Institutional Ownership Trends for Fabrinet.

Which major investors are selling Fabrinet stock?

FN stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Royce & Associates LP, Pekin Singer Strauss Asset Management IL, Teachers Advisors LLC, Tocqueville Asset Management L.P., Renaissance Technologies LLC, FMR LLC and Heartland Advisors Inc.. Company insiders that have sold Fabrinet company stock in the last year include David T Mitchell, Harpal Gill, Rollance E Olson, Seamus Grady and Toh-Seng Ng. View Insider Buying and Selling for Fabrinet.

Which major investors are buying Fabrinet stock?

FN stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., BlackRock Inc., LSV Asset Management, Frontier Capital Management Co. LLC, Dimensional Fund Advisors LP, Bank of Montreal Can and Cadence Capital Management LLC. 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 $47.97.

How big of a company is Fabrinet?

Fabrinet has a market capitalization of $1.77 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:  491 (Vote Outperform)
Underperform Votes:  259 (Vote Underperform)
Total Votes:  750
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 12/9/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel