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High oil prices help Saudi Aramco earn $88B in first half
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)
Germans urged to cap heat in offices this winter to save gas
Former Deutsche Bank Co-CEO Anshu Jain dies
High oil prices help Saudi Aramco earn $88B in first half
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)
Germans urged to cap heat in offices this winter to save gas
Former Deutsche Bank Co-CEO Anshu Jain dies
High oil prices help Saudi Aramco earn $88B in first half
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)
Germans urged to cap heat in offices this winter to save gas
Former Deutsche Bank Co-CEO Anshu Jain dies
High oil prices help Saudi Aramco earn $88B in first half
The Financial Day of Reckoning Has Begun (Ad)
NYSE:FN

Fabrinet - FN Stock Forecast, Price & News

$100.66
+2.67 (+2.72%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$98.50
$100.80
50-Day Range
$75.50
$100.66
52-Week Range
$74.57
$126.28
Volume
98,170 shs
Average Volume
149,956 shs
Market Capitalization
$3.70 billion
P/E Ratio
20.21
Dividend Yield
N/A
Price Target
$113.17

Fabrinet MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
12.4% Upside
$113.17 Price Target
Short Interest
Healthy
1.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.05mentions of Fabrinet in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.29%
From $5.29 to $5.94 Per Share

Overall MarketRank

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

2.08 out of 5 stars

Computer And Technology Sector

433rd out of 665 stocks

Telephone & Telegraph Apparatus Industry

7th out of 13 stocks

FN stock logo

About Fabrinet (NYSE:FN) Stock

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 advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including 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, speeds, and over various distances. The company's products also comprise tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides 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. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in George Town, the Cayman Islands.

Fabrinet Trading Up 2.7 %

Shares of NYSE:FN traded up $2.67 during midday trading on Friday, hitting $100.66. 98,170 shares of the company traded hands, compared to its average volume of 149,956. Fabrinet has a 12-month low of $74.57 and a 12-month high of $126.28. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.02 and a current ratio of 2.92. The stock has a 50-day moving average price of $86.24 and a 200 day moving average price of $93.63. The firm has a market cap of $3.70 billion, a P/E ratio of 20.21 and a beta of 0.99.

Analysts Set New Price Targets

Several research firms have weighed in on FN. Loop Capital began coverage on shares of Fabrinet in a research note on Monday, April 25th. They issued a "buy" rating and a $129.00 price target for the company. B. Riley decreased their price objective on shares of Fabrinet from $100.00 to $96.00 in a research report on Tuesday, May 3rd. JPMorgan Chase & Co. decreased their price objective on shares of Fabrinet from $115.00 to $88.00 and set a "neutral" rating on the stock in a research report on Thursday, July 14th. Finally, StockNews.com cut shares of Fabrinet from a "buy" rating to a "hold" rating in a research report on Saturday, August 6th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, Fabrinet has a consensus rating of "Moderate Buy" and a consensus price target of $113.17.

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FN Stock News Headlines

A Preview Of Fabrinet's Earnings - Benzinga
Fabrinet (FN) Scheduled to Post Quarterly Earnings on Monday
Fabrinet (NYSE:FN) Cut to Hold at StockNews.com
Fabrinet (NYSE:FN) Upgraded at StockNews.com
Fabrinet (NYSE:FN) Rating Lowered to Hold at StockNews.com
See More Headlines
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FN Company Calendar

Last Earnings
10/31/2021
Today
8/14/2022
Next Earnings (Confirmed)
8/15/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
Electronic Manufacturing Services
CUSIP
G3323L10
Fax
N/A
Employees
12,189
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$113.17
High Stock Price Forecast
$130.00
Low Stock Price Forecast
$88.00
Forecasted Upside/Downside
+12.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$148.34 million
Pretax Margin
8.66%

Debt

Sales & Book Value

Annual Sales
$1.88 billion
Cash Flow
$5.07 per share
Book Value
$30.16 per share

Miscellaneous

Free Float
36,631,000
Market Cap
$3.70 billion
Optionable
Optionable
Beta
0.99














FN Stock - Frequently Asked Questions

Should I buy or sell Fabrinet stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fabrinet in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FN shares.
View FN analyst ratings
or view top-rated stocks.

What is Fabrinet's stock price forecast for 2022?

7 Wall Street analysts have issued 12-month price targets for Fabrinet's shares. Their FN share price forecasts range from $88.00 to $130.00. On average, they predict the company's share price to reach $113.17 in the next year. This suggests a possible upside of 12.4% from the stock's current price.
View analysts price targets for FN
or view top-rated stocks among Wall Street analysts.

How have FN shares performed in 2022?

Fabrinet's stock was trading at $118.47 at the beginning of the year. Since then, FN stock has decreased by 15.0% and is now trading at $100.66.
View the best growth stocks for 2022 here
.

Are investors shorting Fabrinet?

Fabrinet saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 691,800 shares, an increase of 35.7% from the July 15th total of 509,800 shares. Based on an average daily volume of 179,900 shares, the days-to-cover ratio is currently 3.8 days. Currently, 1.9% of the shares of the stock are short sold.
View Fabrinet's Short Interest
.

When is Fabrinet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our FN earnings forecast
.

How can I listen to Fabrinet's earnings call?

Fabrinet will be holding an earnings conference call on Monday, August 15th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Fabrinet's earnings last quarter?

Fabrinet (NYSE:FN) issued its earnings results on Sunday, October, 31st. The technology company reported $1.45 EPS for the quarter, beating analysts' consensus estimates of $1.33 by $0.12. The technology company earned $543.32 million during the quarter, compared to the consensus estimate of $522.60 million. Fabrinet had a trailing twelve-month return on equity of 16.00% and a net margin of 8.54%. The business's quarterly revenue was up 24.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.92 EPS.

What is Tom Mitchell's approval rating as Fabrinet's CEO?

8 employees have rated Fabrinet Chief Executive Officer Tom Mitchell on Glassdoor.com. Tom Mitchell has an approval rating of 74% among the company's employees.

What other stocks do shareholders of Fabrinet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fabrinet investors own include NVIDIA (NVDA), JD.com (JD), Cisco Systems (CSCO), Intelsat (I), Ambarella (AMBA), Bank of America (BAC), Marvell Technology (MRVL), ON Semiconductor (ON), Baidu (BIDU) and Block (SQ).

What is Fabrinet's stock symbol?

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

Who are Fabrinet's major shareholders?

Fabrinet's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (3.75%), Victory Capital Management Inc. (2.66%), Artisan Partners Limited Partnership (2.64%), Paradigm Capital Management Inc. NY (1.55%), abrdn plc (1.26%) and Northern Trust Corp (1.09%). Insiders that own company stock include Csaba Sverha, David T Mitchell, Edward T Archer, Frank H Levinson, Harpal Gill, Homa Bahrami, Rollance E Olson, Seamus Grady, Thomas F Kelly and Toh-Seng Ng.
View institutional ownership trends
.

How do I buy shares of Fabrinet?

Shares of FN 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 Fabrinet's stock price today?

One share of FN stock can currently be purchased for approximately $100.66.

How much money does Fabrinet make?

Fabrinet (NYSE:FN) has a market capitalization of $3.70 billion and generates $1.88 billion in revenue each year. The technology company earns $148.34 million in net income (profit) each year or $4.98 on an earnings per share basis.

How many employees does Fabrinet have?

The company employs 12,189 workers across the globe.

How can I contact Fabrinet?

Fabrinet's mailing address is 190 ELGIN AVENUE, GEORGE TOWN E9, KY1-9005. The official website for the company is www.fabrinet.com. The technology company can be reached via phone at (662) 524-9600 or via email at ir@fabrinet.com.

This page (NYSE:FN) was last updated on 8/14/2022 by MarketBeat.com Staff

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