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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Stocks end higher on Wall Street; economic worries hit oil
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Stocks end higher on Wall Street; economic worries hit oil
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Stocks end higher on Wall Street; economic worries hit oil
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
NYSE:FN

Fabrinet - FN Stock Forecast, Price & News

$100.71
+0.05 (+0.05%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$98.98
$101.77
50-Day Range
$75.50
$100.66
52-Week Range
$74.57
$126.28
Volume
202,546 shs
Average Volume
149,559 shs
Market Capitalization
$3.70 billion
P/E Ratio
20.22
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
-0.04mentions of Fabrinet in the last 14 days
Based on 14 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.

2.02 out of 5 stars

Computer And Technology Sector

436th out of 664 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.

Analysts Set New Price Targets

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

Fabrinet Stock Performance

Shares of Fabrinet stock traded up $0.05 during trading hours on Monday, reaching $100.71. 203,181 shares of the stock traded hands, compared to its average volume of 191,966. The company has a 50 day moving average price of $86.24 and a 200 day moving average price of $93.46. The firm has a market capitalization of $3.70 billion, a price-to-earnings ratio of 23.49 and a beta of 0.99. Fabrinet has a one year low of $74.57 and a one year high of $126.28. The company has a quick ratio of 2.02, a current ratio of 2.92 and a debt-to-equity ratio of 0.01.

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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
See More Headlines
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FN Company Calendar

Last Earnings
8/15/2022
Today
8/16/2022
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
$5.08 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 stock price to reach $113.17 in the next twelve months. 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 start of the year. Since then, FN stock has decreased by 15.0% and is now trading at $100.71.
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 short-interest ratio is currently 3.8 days. Currently, 1.9% of the shares of the company 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 were Fabrinet's earnings last quarter?

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

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

Fabrinet issued an update on its first quarter 2023 earnings guidance on Monday, August, 15th. The company provided EPS guidance of $1.72-$1.79 for the period, compared to the consensus estimate of $1.56. The company issued revenue guidance of $620.00 million-$640.00 million, compared to the consensus revenue estimate of $596.15 million.

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 a variety of 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 $100.71.

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 8/16/2022 by MarketBeat.com Staff

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