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$1.37 billion
Profitability
Miscellaneous
Employees10,579
Next Earnings Date8/19/2019 (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 has authorized a stock buyback program on Tuesday, February 6th 2018, which permits the company to repurchase $30,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.
How were Fabrinet's earnings last quarter?
Fabrinet (NYSE:FN) issued its quarterly earnings data on Monday, May, 6th. The technology company reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.16. The technology company had revenue of $398.95 million for the quarter, compared to analysts' expectations of $389.60 million. Fabrinet had a net margin of 7.27% and a return on equity of 15.60%. The firm's revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.71 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 fourth quarter earnings guidance on Monday, May, 6th. The company provided earnings per share (EPS) guidance of $0.92-0.96 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.93. The company issued revenue guidance of $396-404 million, compared to the consensus revenue estimate of $399.22 million.Fabrinet also updated its Q4 2019 guidance to $0.92-0.96 EPS.
What price target have analysts set for FN?
5 brokerages have issued 12-month target prices for Fabrinet's stock. Their predictions range from $45.00 to $67.00. On average, they expect Fabrinet's share price to reach $55.80 in the next year. This suggests a possible upside of 13.3% 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?
News articles about FN stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fabrinet earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Fabrinet.
Are investors shorting Fabrinet?
Fabrinet saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,569,400 shares, an increase of 7.6% from the April 15th total of 1,458,800 shares. Based on an average daily trading volume, of 410,500 shares, the short-interest ratio is presently 3.8 days. Currently, 4.3% of the shares of the company are sold short. View Fabrinet's Current Options Chain.
Who are some of Fabrinet's key competitors?
Some companies that are related to Fabrinet include Ciena (CIEN), Telkom SA Ltd ADS (TLKGY), Plantronics (PLT), Avaya (AVYA), NetGear (NTGR), ADTRAN (ADTN), Infinera (INFN), AudioCodes (AUDC), Sonim Technologies (SONM), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Clearfield (CLFD), Clearone (CLRO), Communications Systems (JCS) and Westell Technologies (WSTL).
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 institutional and retail investors. Top institutional investors include BlackRock Inc. (14.77%), FMR LLC (7.73%), Frontier Capital Management Co. LLC (2.97%), JPMorgan Chase & Co. (2.71%), Vaughan Nelson Investment Management L.P. (2.01%) and Paradigm Capital Management Inc. NY (1.89%). 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 institutional investors are selling Fabrinet stock?
FN stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., Royce & Associates LP, LSV Asset Management, Vaughan Nelson Investment Management L.P., Paradigm Capital Management Inc. NY, FIL Ltd, Wedge Capital Management L L P NC and Wasatch Advisors Inc.. 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 institutional investors are buying Fabrinet stock?
FN stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Robeco Institutional Asset Management B.V., FMR LLC, BlackRock Inc., Martingale Asset Management L P, Barings LLC, Delta Investment Management LLC and Arabesque Asset Management Ltd. 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 $49.25.
How big of a company is Fabrinet?
Fabrinet has a market capitalization of $1.81 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.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.
