Deeper Dive: Understanding Fabrinet (FN) Through its Various Ratios

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The price of Fabrinet (NYSE: FN) closed at $218.01 in the last session, up 3.05% from day before closing price of $211.55. In other words, the price has increased by $3.05 from its previous closing price. On the day, 0.55 million shares were traded. FN stock price reached its highest trading level at $218.5 during the session, while it also had its lowest trading level at $209.151.


We take a closer look at FN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.72. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 3.52. 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 the company, Northland Capital on March 21, 2024, Upgraded its rating to Outperform and sets its target price to $220 from $200 previously.

On February 06, 2024, Northland Capital Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $200.

JP Morgan Downgraded its Overweight to Neutral on January 08, 2024, whereas the target price for the stock was revised from $185 to $210.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 07 ’24 when KELLY THOMAS F sold 10,000 shares for $222.17 per share. The transaction valued at 2,221,684 led to the insider holds 20,814 shares of the business.

Gill Harpal sold 21,464 shares of FN for $4,625,492 on Feb 29 ’24. The PRESIDENT & COO now owns 24,689 shares after completing the transaction at $215.50 per share. On Feb 16 ’24, another insider, Bahrami Homa, who serves as the Director of the company, sold 4,500 shares for $202.46 each. As a result, the insider received 911,088 and left with 20,921 shares of the company.

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 7880014848 and an Enterprise Value of 6858854912. As of this moment, Fabrinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.93, and their Forward P/E ratio for the next fiscal year is 22.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 4.75. Its current Enterprise Value per Revenue stands at 2.462 whereas that against EBITDA is 21.831.

Stock Price History:

Over the past 52 weeks, FN has reached a high of $229.02, while it has fallen to a 52-week low of $90.19. The 50-Day Moving Average of the stock is 14.63%, while the 200-Day Moving Average is calculated to be 25.09%.

Shares Statistics:

According to the various share statistics, FN traded on average about 468.04K shares per day over the past 3-months and 559630 shares per day over the past 10 days. A total of 36.18M shares are outstanding, with a floating share count of 36.08M. Insiders hold about 0.64% of the company’s shares, while institutions hold 101.80% stake in the company. Shares short for FN as of 1713139200 were 1549468 with a Short Ratio of 3.31, compared to 1710460800 on 1366024. Therefore, it implies a Short% of Shares Outstanding of 1549468 and a Short% of Float of 5.91.

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