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In the latest session, Fabrinet (NYSE: FN) closed at $235.50 up 3.00% from its previous closing price of $228.63. In other words, the price has increased by $3.00 from its previous closing price. On the day, 0.57 million shares were traded. FN stock price reached its highest trading level at $236.26 during the session, while it also had its lowest trading level at $228.925.
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 9.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.96. For the most recent quarter (mrq), Quick Ratio is recorded 2.90 and its Current Ratio is at 3.66. 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, B. Riley Securities on November 20, 2024, Downgraded its rating to Sell and sets its target price to $178 from $194 previously.
On November 14, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $292.
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 8541090304 and an Enterprise Value of 7637060608. As of this moment, Fabrinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.90, and their Forward P/E ratio for the next fiscal year is 20.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85 while its Price-to-Book (P/B) ratio in mrq is 4.68. Its current Enterprise Value per Revenue stands at 2.544 whereas that against EBITDA is 22.447.
Stock Price History:
Over the past 52 weeks, FN has reached a high of $278.38, while it has fallen to a 52-week low of $159.30. The 50-Day Moving Average of the stock is -3.54%, while the 200-Day Moving Average is calculated to be 5.27%.
Shares Statistics:
For the past three months, FN has traded an average of 639.77K shares per day and 637910 over the past ten days. A total of 36.15M shares are outstanding, with a floating share count of 36.12M. Insiders hold about 0.41% of the company’s shares, while institutions hold 102.99% stake in the company. Shares short for FN as of 1731628800 were 1866980 with a Short Ratio of 2.24, compared to 1728950400 on 1465364. Therefore, it implies a Short% of Shares Outstanding of 1866980 and a Short% of Float of 7.19.
Earnings Estimates
Fabrinet (FN) is currently under the scrutiny of 8.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $2.56, with high estimates of $2.62 and low estimates of $2.43.
Analysts are recommending an EPS of between $10.34 and $9.74 for the fiscal current year, implying an average EPS of $10.11. EPS for the following year is $11.44, with 8.0 analysts recommending between $13.5 and $9.63.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $813.86M this quarter.It ranges from a high estimate of $819.9M to a low estimate of $810M. As of the current estimate, Fabrinet’s year-ago sales were $712.69MFor the next quarter, 7 analysts are estimating revenue of $828.19M. There is a high estimate of $845M for the next quarter, whereas the lowest estimate is $800.9M.
A total of 8 analysts have provided revenue estimates for FN’s current fiscal year. The highest revenue estimate was $3.42B, while the lowest revenue estimate was $3.23B, resulting in an average revenue estimate of $3.33B. In the same quarter a year ago, actual revenue was $2.88BBased on 7 analysts’ estimates, the company’s revenue will be $3.75B in the next fiscal year. The high estimate is $4.45B and the low estimate is $3.25B.
