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NYSE:FN

Fabrinet (FN) Stock Price, News & Analysis

$220.94
+4.50 (+2.08%)
(As of 07/26/2024 ET)
Today's Range
$219.12
$225.58
50-Day Range
$216.44
$265.50
52-Week Range
$114.83
$266.39
Volume
294,983 shs
Average Volume
439,065 shs
Market Capitalization
$7.99 billion
P/E Ratio
29.34
Dividend Yield
N/A
Price Target
$168.67

Fabrinet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
23.7% Downside
$168.67 Price Target
Short Interest
Healthy
4.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.99mentions of Fabrinet in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$1.45 M Sold Last Quarter
Proj. Earnings Growth
10.31%
From $7.95 to $8.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.22 out of 5 stars

Computer And Technology Sector

425th out of 612 stocks

Telephone & Telegraph Apparatus Industry

7th out of 10 stocks

FN stock logo

About Fabrinet Stock (NYSE:FN)

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 Grand Cayman, the Cayman Islands.

FN Stock Price History

FN Stock News Headlines

Fabrinet: Great Company But Prospects Already Priced In
Heard about the 72-Hour Profit Surge? Read this…
One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…
Fabrinet: Great Company But Prospects Already Priced In
FN Aug 2024 290.000 call (FN240816C00290000)
Analysts Set Fabrinet (NYSE:FN) PT at $168.67
Heard about the 72-Hour Profit Surge? Read this…
One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…
Fabrinet: An AI Play In The Making
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Today
7/26/2024
Next Earnings (Estimated)
8/19/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
Electronic Manufacturing Services
CUSIP
G3323L10
Fax
N/A
Employees
14,663
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$168.67
High Stock Price Target
$230.00
Low Stock Price Target
$28.00
Potential Upside/Downside
-24.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$247.91 million
Pretax Margin
10.53%

Debt

Sales & Book Value

Annual Sales
$2.65 billion
Cash Flow
$8.15 per share
Book Value
$40.46 per share

Miscellaneous

Free Float
35,961,000
Market Cap
$8.04 billion
Optionable
Optionable
Beta
0.96
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FN Stock Analysis - Frequently Asked Questions

How have FN shares performed this year?

Fabrinet's stock was trading at $190.33 at the beginning of 2024. Since then, FN shares have increased by 16.1% and is now trading at $220.94.
View the best growth stocks for 2024 here
.

How were Fabrinet's earnings last quarter?

Fabrinet (NYSE:FN) issued its quarterly earnings data on Monday, May, 6th. The technology company reported $2.21 EPS for the quarter, beating the consensus estimate of $1.93 by $0.28. The technology company earned $731.54 million during the quarter, compared to analyst estimates of $718.94 million. Fabrinet had a trailing twelve-month return on equity of 17.67% and a net margin of 9.90%.

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.

Who are Fabrinet's major shareholders?

Fabrinet's top institutional shareholders include Baillie Gifford & Co. (1.40%), Bank of New York Mellon Corp (0.87%), Vaughan Nelson Investment Management L.P. (0.77%) and Allspring Global Investments Holdings LLC (0.23%). Insiders that own company stock include Seamus Grady, Harpal Gill, Homa Bahrami, Thomas F Kelly, David T Mitchell, Rollance E Olson, Csaba Sverha, Edward T Archer and Frank H Levinson.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Fabrinet own?

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

This page (NYSE:FN) was last updated on 7/26/2024 by MarketBeat.com Staff

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