NYSE:FN Fabrinet - FN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Fabrinet Please log in to your account or sign up in order to add this asset to your watchlist. $128.31 +1.31 (+1.03%) (As of 01/31/2023 10:57 AM ET) Add Compare Share Share Today's Range$127.70▼$128.4050-Day Range$124.62▼$137.8652-Week Range$74.57▼$140.18Volume17,322 shsAverage Volume169,851 shsMarket Capitalization$4.69 billionP/E Ratio21.67Dividend YieldN/APrice Target$133.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Fabrinet MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside5.1% Upside$133.50 Price TargetShort InterestHealthy1.73% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.44Based on 5 Articles This WeekInsider TradingSelling Shares$2.55 M Sold Last QuarterProj. Earnings Growth7.80%From $6.67 to $7.19 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.90 out of 5 starsComputer And Technology Sector472nd out of 631 stocksTelephone & Telegraph Apparatus Industry10th out of 12 stocks 1.4 Analyst's Opinion Consensus RatingFabrinet has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $133.50, Fabrinet has a forecasted upside of 5.1% from its current price of $127.00.Amount of Analyst CoverageFabrinet has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.73% of the float of Fabrinet has been sold short.Short Interest Ratio / Days to CoverFabrinet has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Fabrinet has recently increased by 3.78%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldFabrinet does not currently pay a dividend.Dividend GrowthFabrinet does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FN. Previous Next 2.5 News and Social Media Coverage News SentimentFabrinet has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Fabrinet this week, compared to 3 articles on an average week.Search Interest3 people have searched for FN on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Fabrinet to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Fabrinet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,547,838.00 in company stock.Percentage Held by InsidersOnly 0.50% of the stock of Fabrinet is held by insiders.Percentage Held by Institutions97.13% of the stock of Fabrinet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Fabrinet are expected to grow by 7.80% in the coming year, from $6.67 to $7.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Fabrinet is 21.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Fabrinet is 21.45, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 325.33.Price to Book Value per Share RatioFabrinet has a P/B Ratio of 3.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Fabrinet (NYSE:FN) StockFabrinet engages in the provision of optical packaging and electronic manufacturing services to original equipment manufacturers. The firm's engineering services include process design, failure analysis, reliability testing, tooling design, and real-time traceability system. Its manufacturing operations offer sensors, subsystems, customized optics, and optical modules and components. The company was founded by David Thomas Mitchell on August 12, 1999 and is headquartered in George Town, Cayman Islands.Read More Receive FN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fabrinet and its competitors with MarketBeat's FREE daily newsletter. Email Address FN Stock News HeadlinesJanuary 30, 2023 | finance.yahoo.comFabrinet (FN) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseJanuary 26, 2023 | nz.finance.yahoo.comBull of the Day: Fabrinet (FN)January 31, 2023 | Investing Trends (Ad)GRAPHITE: "Essential for America's National Defense"Did you know each EV battery contains up to 220 pounds of graphite and China controls more than 90% of the world's graphite trade? But now that the U.S. has classified it as "essential for America's National Defense"... one little-known company could become America's ONLY fully integrated graphite provider. January 25, 2023 | finance.yahoo.comWill Fabrinet (FN) Beat Estimates Again in Its Next Earnings Report?January 24, 2023 | finance.yahoo.comFabrinet (FN) Upgraded to Strong Buy: Here's What You Should KnowJanuary 23, 2023 | finance.yahoo.comFabrinet to Announce Second Quarter 2023 Financial Results on February 6, 2023January 17, 2023 | finance.yahoo.comFabrinet (FN) Stock Moves -0.03%: What You Should KnowJanuary 10, 2023 | finance.yahoo.comFabrinet (FN) Gains But Lags Market: What You Should KnowJanuary 31, 2023 | Investing Trends (Ad)GRAPHITE: "Essential for America's National Defense"Did you know each EV battery contains up to 220 pounds of graphite and China controls more than 90% of the world's graphite trade? But now that the U.S. has classified it as "essential for America's National Defense"... one little-known company could become America's ONLY fully integrated graphite provider. January 10, 2023 | finance.yahoo.comThe Returns At Fabrinet (NYSE:FN) Aren't GrowingJanuary 9, 2023 | finance.yahoo.comFabrinet (FN) Gains As Market Dips: What You Should KnowJanuary 7, 2023 | finance.yahoo.comAre Computer and Technology Stocks Lagging Fabrinet (FN) This Year?January 3, 2023 | finance.yahoo.comShould You Invest in Fabrinet (FN)?December 22, 2022 | finance.yahoo.comBuy 5 Stocks With Upgraded Broker Ratings for the New YearDecember 18, 2022 | finance.yahoo.comFabrinet's (NYSE:FN) earnings growth rate lags the 34% CAGR delivered to shareholdersDecember 13, 2022 | finance.yahoo.comEFFECT Photonics Partners with Fabrinet to Scale Production of Highly Integrated Optical SolutionsDecember 12, 2022 | finance.yahoo.comAre Computer and Technology Stocks Lagging Fabrinet (FN) This Year?November 16, 2022 | finance.yahoo.comFabrinet Publishes Inaugural ESG ReportNovember 16, 2022 | finance.yahoo.comFabrinet (FN) Upgraded to Strong Buy: Here's WhyNovember 16, 2022 | finance.yahoo.comHere is Why Growth Investors Should Buy Fabrinet (FN) NowNovember 10, 2022 | finance.yahoo.comFabrinet to Present at Needham ConferenceNovember 8, 2022 | finance.yahoo.comFabrinet Announces First Quarter Fiscal Year 2023 Financial ResultsNovember 8, 2022 | finance.yahoo.comFabrinet (FN) Surpasses Q1 Earnings and Revenue EstimatesNovember 2, 2022 | finance.yahoo.comIs It Too Late To Consider Buying Fabrinet (NYSE:FN)?October 25, 2022 | finance.yahoo.comFabrinet to Announce First Quarter 2023 Financial Results on November 7, 2022October 17, 2022 | finance.yahoo.com10 Stocks to Buy According to Teresa Barger’s Cartica Management - Yahoo FinanceOctober 13, 2022 | nasdaq.comFabrinet (FN) Shares Cross Below 200 DMA - NasdaqSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fabrinet and its competitors with MarketBeat's FREE daily newsletter. Email Address FN Company Calendar Last Earnings11/07/2022Today1/31/2023Next Earnings (Confirmed)2/06/2023Fiscal Year End6/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Telephone & telegraph apparatus Sub-IndustryElectronic Manufacturing Services SectorComputer and Technology Current SymbolNYSE:FN CUSIPG3323L10 CIK1408710 Webwww.fabrinet.com Phone(662) 524-9600FaxN/AEmployees14,235Year FoundedN/APrice Target and Rating Average Stock Price Forecast$133.50 High Stock Price Forecast$156.00 Low Stock Price Forecast$110.00 Forecasted Upside/Downside+4.0%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$5.92 Trailing P/E Ratio21.67 Forward P/E Ratio19.24 P/E GrowthN/ANet Income$200.38 million Net Margins9.28% Pretax Margin9.56% Return on Equity17.74% Return on Assets12.23% Debt Debt-to-Equity Ratio0.01 Current Ratio2.95 Quick Ratio1.95 Sales & Book Value Annual Sales$2.26 billion Price / Sales2.08 Cash Flow$6.59 per share Price / Cash Flow19.48 Book Value$34.08 per share Price / Book3.76Miscellaneous Outstanding Shares36,590,000Free Float36,404,000Market Cap$4.69 billion OptionableOptionable Beta1.05 Key ExecutivesSeamus GradyChief Executive Officer & DirectorHarpal S. GillPresident & Chief Operating OfficerCsaba SverhaChief Financial Officer & Executive Vice PresidentColin R. CampbellVice President & General CounselEdward T. ArcherExecutive Vice President-Sales & MarketingKey CompetitorsCienaNYSE:CIENInfineraNASDAQ:INFNSynapticsNASDAQ:SYNAWix.comNASDAQ:WIXCirrus LogicNASDAQ:CRUSView All CompetitorsInsiders & InstitutionsNew York State Common Retirement FundSold 3,920 shares on 1/30/2023Ownership: 0.177%Seizert Capital Partners LLCSold 2,633 shares on 1/30/2023Ownership: 0.081%Versor Investments LPSold 2,573 shares on 1/30/2023Ownership: 0.010%Moloney Securities Asset Management LLCBought 1,708 shares on 1/30/2023Ownership: 0.005%Signaturefd LLCBought 86 shares on 1/30/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions FN Stock - Frequently Asked Questions Should I buy or sell Fabrinet stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fabrinet in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research 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 2023? 4 Wall Street research analysts have issued 1-year price objectives for Fabrinet's stock. Their FN share price forecasts range from $110.00 to $156.00. On average, they expect the company's stock price to reach $133.50 in the next twelve months. This suggests a possible upside of 5.1% 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 2023? Fabrinet's stock was trading at $128.22 at the beginning of the year. Since then, FN shares have decreased by 1.0% and is now trading at $127.00. View the best growth stocks for 2023 here. Are investors shorting Fabrinet? Fabrinet saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 605,400 shares, an increase of 50.0% from the December 15th total of 403,600 shares. Based on an average trading volume of 192,500 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.7% 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, February 6th 2023. View our FN earnings forecast. How can I listen to Fabrinet's earnings call? Fabrinet will be holding an earnings conference call on Monday, February 6th 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) announced its quarterly earnings data on Monday, November, 7th. The technology company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.23. The technology company earned $655.43 million during the quarter, compared to analysts' expectations of $630.67 million. Fabrinet had a trailing twelve-month return on equity of 17.74% and a net margin of 9.28%. During the same period in the prior year, the company earned $1.21 earnings per share. What guidance has Fabrinet issued on next quarter's earnings? Fabrinet updated its second quarter 2023 earnings guidance on Monday, November, 21st. The company provided earnings per share guidance of $1.86-$1.93 for the period, compared to the consensus estimate of $1.73. The company issued revenue guidance of $640.00 million-$660.00 million, compared to the consensus revenue estimate of $632.36 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), onsemi (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 number of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.24%), Natixis Advisors L.P. (0.23%), New York State Common Retirement Fund (0.18%), Rice Hall James & Associates LLC (0.13%), Seizert Capital Partners LLC (0.08%) and Yousif Capital Management LLC (0.06%). Insiders that own company stock include Csaba Sverha, David T Mitchell, Edward T Archer, Harpal Gill, 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 $127.00. How much money does Fabrinet make? Fabrinet (NYSE:FN) has a market capitalization of $4.65 billion and generates $2.26 billion in revenue each year. The technology company earns $200.38 million in net income (profit) each year or $5.92 on an earnings per share basis. How many employees does Fabrinet have? The company employs 14,235 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 1/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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