Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $172.50 in the prior trading day, Fabrinet (NYSE: FN) closed at $177.14, up 2.69%. In other words, the price has increased by $2.69 from its previous closing price. On the day, 0.55 million shares were traded. FN stock price reached its highest trading level at $179.38 during the session, while it also had its lowest trading level at $174.36.
Ratios:
Our goal is to gain a better understanding of FN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.18. 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.
On February 18, 2025, Fox Advisors started tracking the stock assigning a Overweight rating and target price of $270.
B. Riley Securities Downgraded its Neutral to Sell on November 20, 2024, whereas the target price for the stock was revised from $194 to $178.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 6609854976 and an Enterprise Value of 5446665216. As of this moment, Fabrinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.82, and their Forward P/E ratio for the next fiscal year is 15.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 3.46. Its current Enterprise Value per Revenue stands at 1.744 whereas that against EBITDA is 15.47.
Stock Price History:
The Beta on a monthly basis for FN is 0.99, which has changed by 0.04242921 over the last 52 weeks, in comparison to a change of 0.042615533 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 $148.55. The 50-Day Moving Average of the stock is -12.81%, while the 200-Day Moving Average is calculated to be -21.92%.
Shares Statistics:
The stock has traded on average 930.59K shares per day over the past 3-months and 846100 shares per day over the last 10 days, according to various share statistics. 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 104.65% stake in the company. Shares short for FN as of 1743379200 were 2202282 with a Short Ratio of 2.37, compared to 1740700800 on 2062196. Therefore, it implies a Short% of Shares Outstanding of 2202282 and a Short% of Float of 8.57.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
