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

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$51.81 +0.44 (+0.86 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$51.37
Today's Range$50.84 - $52.2250
52-Week Range$27.69 - $59.94
Volume304,063 shs
Average Volume440,219 shs
Market Capitalization$1.91 billion
P/E Ratio17.39
Dividend YieldN/A
Beta0.6
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.

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Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
CUSIPG3323L10
Phone662-524-9600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.37 billion
Cash Flow$3.9220 per share
Book Value$20.08 per share

Profitability

Net Income$84.16 million

Miscellaneous

Employees10,579
Market Cap$1.91 billion
Next Earnings Date5/6/2019 (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 of Directors has approved a stock repurchase plan on Tuesday, February 6th 2018, which allows the company to repurchase $30,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

How were Fabrinet's earnings last quarter?

Fabrinet (NYSE:FN) issued its quarterly earnings data on Monday, February, 4th. The technology company reported $0.97 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.92 by $0.05. The technology company had revenue of $403.10 million for the quarter, compared to analysts' expectations of $386.22 million. Fabrinet had a net margin of 7.08% and a return on equity of 14.91%. The company's quarterly revenue was up 19.6% on a year-over-year basis. During the same period last year, the firm posted $0.72 EPS. View Fabrinet's Earnings History.

When is Fabrinet's next earnings date?

Fabrinet is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Fabrinet.

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

Fabrinet issued an update on its third quarter earnings guidance on Monday, February, 4th. The company provided earnings per share (EPS) guidance of $0.86-$0.90 for the period, compared to the Thomson Reuters consensus estimate of $0.87. The company issued revenue guidance of $384-$392 million, compared to the consensus revenue estimate of $377.07 million.Fabrinet also updated its Q3 2019 guidance to $0.86-0.90 EPS.

What price target have analysts set for FN?

5 equities research analysts have issued 1 year price targets for Fabrinet's shares. Their predictions range from $33.00 to $62.00. On average, they expect Fabrinet's share price to reach $52.20 in the next twelve months. This suggests a possible upside of 0.8% 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 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?

Headlines about FN stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fabrinet earned a news impact score of -1.1 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Fabrinet's key competitors?

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), Bank of America (BAC), Twilio (TWLO), Intelsat (I), Micron Technology (MU), Finisar (FNSR), Cisco Systems (CSCO), Intel (INTC), Ciena (CIEN) and QUALCOMM (QCOM).

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 a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.54%), Dimensional Fund Advisors LP (7.94%), FMR LLC (7.43%), Frontier Capital Management Co. LLC (2.98%), Bank of New York Mellon Corp (2.58%) and Vaughan Nelson Investment Management L.P. (2.26%). 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 Royce & Associates LP, Frontier Capital Management Co. LLC, Vaughan Nelson Investment Management L.P., Bank of New York Mellon Corp, Tocqueville Asset Management L.P., Wedge Capital Management L L P NC, Dimensional Fund Advisors LP and Divisar Capital Management LLC. Company insiders that have sold Fabrinet company stock in the last year include David T Mitchell, Harpal Gill, Rollance E Olson, Seamus Grady, Thomas F Kelly 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 FMR LLC, Norges Bank, Canada Pension Plan Investment Board, BlackRock Inc., Geode Capital Management LLC, Geode Capital Management LLC, Lisanti Capital Growth LLC and 361 Capital 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 $51.81.

How big of a company is Fabrinet?

Fabrinet has a market capitalization of $1.91 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:  3.2 out of 5 (star star star)
Outperform Votes:  505 (Vote Outperform)
Underperform Votes:  276 (Vote Underperform)
Total Votes:  781
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 3/25/2019 by MarketBeat.com Staff

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