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.
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Industry, Sector and Symbol
Industry Telephone & telegraph apparatus
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Phone662-524-9600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.58 billion
Profitability
Miscellaneous
Employees11,670
Next Earnings Date2/3/2020 (Estimated)
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 announced that its board has initiated a stock buyback plan on Tuesday, February 6th 2018, which permits the company to repurchase $30,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.
How were Fabrinet's earnings last quarter?
Fabrinet (NYSE:FN) released its quarterly earnings data on Monday, November, 4th. The technology company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.14. The technology company earned $399 million during the quarter, compared to analyst estimates of $390.30 million. Fabrinet had a net margin of 7.41% and a return on equity of 14.48%. The firm's revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 earnings per share. View Fabrinet's Earnings History.
When is Fabrinet's next earnings date?
What guidance has Fabrinet issued on next quarter's earnings?
Fabrinet updated its second quarter earnings guidance on Monday, November, 4th. The company provided EPS guidance of $0.91-0.94 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.91. The company issued revenue guidance of $408-416 million, compared to the consensus revenue estimate of $403.87 million.
What price target have analysts set for FN?
5 brokerages have issued twelve-month price objectives for Fabrinet's stock. Their forecasts range from $57.00 to $70.00. On average, they expect Fabrinet's stock price to reach $65.00 in the next year. This suggests a possible upside of 3.8% 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 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fabrinet.
Has Fabrinet been receiving favorable news coverage?
Headlines about FN stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fabrinet earned a coverage optimism score of -1.6 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Fabrinet.
Are investors shorting Fabrinet?
Fabrinet saw a drop in short interest during the month of November. As of November 15th, there was short interest totalling 1,020,000 shares, a drop of 11.3% from the October 31st total of 1,150,000 shares. Based on an average daily trading volume, of 379,900 shares, the short-interest ratio is presently 2.7 days. Currently, 2.8% of the shares of the company are short sold. View Fabrinet's Current Options Chain.
Who are some of Fabrinet's key competitors?
Some companies that are related to Fabrinet include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Sanmina (SANM), Plexus (PLXS), KEMET (KEM), Methode Electronics (MEI), TTM Technologies (TTMI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).
What other stocks do shareholders of Fabrinet own?
Who are Fabrinet's key executives?
Fabrinet's management team includes the folowing people:
- Mr. David Tom Mitchell, Founder & Chairman (Age 77)
- Mr. Seamus Grady, CEO & Director (Age 52)
- Dr. Harpal S. Gill, Pres & COO (Age 66)
- Mr. Toh-Seng Ng, Exec. VP & CFO (Age 65)
- Mr. Colin R. Campbell, VP & Gen. Counsel
Who are Fabrinet's major shareholders?
Fabrinet's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (2.86%), Vaughan Nelson Investment Management L.P. (1.95%), Point72 Asset Management L.P. (1.17%), Wedge Capital Management L L P NC (0.72%), Dalton Greiner Hartman Maher & Co. (0.54%) and Tocqueville Asset Management L.P. (0.52%). Company insiders that own Fabrinet stock include David T Mitchell, Frank H Levinson, Harpal Gill, Homa Bahrami, Rollance E Olson, Seamus Grady, Thomas F Kelly and Toh-Seng Ng. View Institutional Ownership Trends for Fabrinet.
Which institutional investors are selling Fabrinet stock?
FN stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Point72 Asset Management L.P., Man Group plc, First Quadrant L P CA, Robeco Institutional Asset Management B.V., First Trust Advisors LP, Strs Ohio and Squarepoint Ops LLC. Company insiders that have sold Fabrinet company stock in the last year include David T Mitchell, Frank H Levinson, Harpal Gill, Homa Bahrami, Rollance E Olson, Seamus Grady, Thomas F Kelly and Toh-Seng Ng. View Insider Buying and Selling for Fabrinet.
Which institutional investors are buying Fabrinet stock?
FN stock was acquired by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Vaughan Nelson Investment Management L.P., Dalton Greiner Hartman Maher & Co., Zurcher Kantonalbank Zurich Cantonalbank, California Public Employees Retirement System, Hussman Strategic Advisors Inc., State of Alaska Department of Revenue and Campbell & CO Investment Adviser 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, Robinhood, Fidelity and Charles Schwab.
What is Fabrinet's stock price today?
One share of FN stock can currently be purchased for approximately $62.62.
How big of a company is Fabrinet?
Fabrinet has a market capitalization of $2.32 billion and generates $1.58 billion in revenue each year. The technology company earns $120.96 million in net income (profit) each year or $3.35 on an earnings per share basis. Fabrinet employs 11,670 workers across the globe.View Additional Information About Fabrinet.
What is Fabrinet's official website?
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)
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.
