Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Fabrinet (NYSE: FN) closed at $197.51 up 0.70% from its previous closing price of $196.14. In other words, the price has increased by $0.70 from its previous closing price. On the day, 1.18 million shares were traded. FN stock price reached its highest trading level at $201.705 during the session, while it also had its lowest trading level at $190.795.
Ratios:
For a deeper understanding of Fabrinet’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.50. For the most recent quarter (mrq), Quick Ratio is recorded 2.58 and its Current Ratio is at 3.32. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Fox Advisors on February 18, 2025, initiated with a Overweight rating and assigned the stock a target price of $270.
On November 20, 2024, B. Riley Securities Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $194 to $178.
On November 14, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $292.Barclays initiated its Equal Weight rating on November 14, 2024, with a $292 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 12 ’24 when Gill Harpal bought 18,675 shares for $275.00 per share.
Archer Edward T. sold 8,690 shares of FN for $1,914,021 on Sep 05 ’24. The EVP, Sales & Marketing now owns 8,333 shares after completing the transaction at $220.26 per share. On Sep 05 ’24, another insider, Archer Edward T., who serves as the Officer of the company, bought 8,690 shares for $220.26 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FN now has a Market Capitalization of 7108305920 and an Enterprise Value of 6179773952. As of this moment, Fabrinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.10, and their Forward P/E ratio for the next fiscal year is 16.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 3.86. Its current Enterprise Value per Revenue stands at 1.979 whereas that against EBITDA is 17.553.
Stock Price History:
The Beta on a monthly basis for FN is 0.96, which has changed by 0.06526077 over the last 52 weeks, in comparison to a change of 0.077997446 over the same period for the S&P500. Over the past 52 weeks, FN has reached a high of $281.79, while it has fallen to a 52-week low of $159.69. The 50-Day Moving Average of the stock is -8.57%, while the 200-Day Moving Average is calculated to be -14.63%.
Shares Statistics:
For the past three months, FN has traded an average of 761.71K shares per day and 754660 over the past ten days. A total of 35.98M shares are outstanding, with a floating share count of 35.67M. Insiders hold about 0.45% of the company’s shares, while institutions hold 105.40% stake in the company. Shares short for FN as of 1741910400 were 2119230 with a Short Ratio of 2.78, compared to 1739491200 on 2027652. Therefore, it implies a Short% of Shares Outstanding of 2119230 and a Short% of Float of 8.25.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0