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

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$46.89 -1.08 (-2.25 %)
(As of 12/11/2018 06:11 AM ET)
Previous Close$47.97
Today's Range$46.81 - $48.23
52-Week Range$24.02 - $54.70
Volume436,700 shs
Average Volume369,090 shs
Market Capitalization$1.77 billion
P/E Ratio18.03
Dividend YieldN/A
Beta0.65
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

Stock Exchange NYSE
Industry Telephone & telegraph apparatus
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Current SymbolNYSE:FN
Previous Symbol
CUSIPG3323L10
Phone662-524-9600

Debt

Debt-to-Equity Ratio0.08
Current Ratio3.00
Quick Ratio2.09

Price-To-Earnings

Trailing P/E Ratio18.03
Forward P/E Ratio15.03
P/E Growth1.18

Sales & Book Value

Annual Sales$1.37 billion
Price / Sales1.26
Cash Flow$3.8029 per share
Price / Cash Flow12.33
Book Value$20.08 per share
Price / Book2.34

Profitability

EPS (Most Recent Fiscal Year)$2.98
Net Income$84.16 million
Net Margins6.54%
Return on Equity13.53%
Return on Assets9.26%

Miscellaneous

Employees10,579
Outstanding Shares36,830,000
Market Cap$1.77 billion
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 declared that its Board of Directors has approved a stock buyback program on Tuesday, February 6th 2018, which allows the company to buyback $30,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

How were Fabrinet's earnings last quarter?

Fabrinet (NYSE:FN) posted its quarterly earnings data on Monday, November, 5th. The technology company reported $0.92 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.68 by $0.24. The technology company had revenue of $377 million for the quarter, compared to the consensus estimate of $352.28 million. Fabrinet had a net margin of 6.54% and a return on equity of 13.53%. The business's revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.75 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, February 4th 2019. View Earnings Estimates for Fabrinet.

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

Fabrinet updated its second quarter earnings guidance on Monday, November, 5th. The company provided earnings per share guidance of $0.91-0.94 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.84. The company issued revenue guidance of $380-388 million, compared to the consensus revenue estimate of $366.07 million.Fabrinet also updated its Q2 2019 guidance to $0.91-0.94 EPS.

What price target have analysts set for FN?

5 brokerages have issued 1 year target prices for Fabrinet's stock. Their predictions range from $33.00 to $58.00. On average, they anticipate Fabrinet's share price to reach $50.40 in the next twelve months. This suggests a possible upside of 7.5% 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 trended somewhat positive on Tuesday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing 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 sentiment score of 1.8 on InfoTrie's scale. They also assigned press coverage 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 immediate future.

Are investors shorting Fabrinet?

Fabrinet saw a drop in short interest in November. As of November 15th, there was short interest totalling 542,689 shares, a drop of 38.5% from the October 31st total of 883,104 shares. Based on an average trading volume of 591,428 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.5% of the shares of the stock are short sold. View Fabrinet's Current Options Chain.

Who are some of Fabrinet's key competitors?

Who are Fabrinet's key executives?

Fabrinet's management team includes the folowing people:
  • Mr. David Tom Mitchell, Founder & Chairman (Age 76)
  • Dr. Harpal S. Gill, Pres & COO (Age 65)
  • Mr. Toh-Seng Ng, Exec. VP & CFO (Age 64)
  • Mr. Seamus Grady, CEO & Director (Age 51)
  • Mr. Colin R. Campbell, VP & Gen. Counsel

Who are Fabrinet's major shareholders?

Fabrinet's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.19%), Dimensional Fund Advisors LP (8.28%), Vanguard Group Inc. (5.93%), Royce & Associates LP (4.44%), Frontier Capital Management Co. LLC (4.34%) and FMR LLC (4.15%). 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 Capital Research Global Investors, Royce & Associates LP, Pekin Singer Strauss Asset Management IL, Teachers Advisors LLC, Tocqueville Asset Management L.P., Renaissance Technologies LLC, FMR LLC and Heartland 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 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., JPMorgan Chase & Co., BlackRock Inc., LSV Asset Management, Frontier Capital Management Co. LLC, Dimensional Fund Advisors LP, Bank of Montreal Can and Cadence Capital Management 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 $46.89.

How big of a company is Fabrinet?

Fabrinet has a market capitalization of $1.77 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:  3.3 out of 5 (star star star)
Outperform Votes:  491 (Vote Outperform)
Underperform Votes:  259 (Vote Underperform)
Total Votes:  750
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 12/11/2018 by MarketBeat.com Staff

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