In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Fabrinet (NYSE: FN) closed at $231.33 in the last session, up 4.82% from day before closing price of $220.70. In other words, the price has increased by $4.82 from its previous closing price. On the day, 1.16 million shares were traded. FN stock price reached its highest trading level at $235.595 during the session, while it also had its lowest trading level at $226.355.
Ratios:
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 8.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.35. 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:
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 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 8325474304 and an Enterprise Value of 7396943360. As of this moment, Fabrinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.89, and their Forward P/E ratio for the next fiscal year is 19.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 4.52. Its current Enterprise Value per Revenue stands at 2.369 whereas that against EBITDA is 21.01.
Stock Price History:
The Beta on a monthly basis for FN is 0.92, which has changed by 0.24137378 over the last 52 weeks, in comparison to a change of 0.10838497 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 5.97%, while the 200-Day Moving Average is calculated to be -0.33%.
Shares Statistics:
According to the various share statistics, FN traded on average about 726.94K shares per day over the past 3-months and 1000690 shares per day over the past 10 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 105.42% stake in the company. Shares short for FN as of 1740700800 were 2062196 with a Short Ratio of 2.84, compared to 1738281600 on 1888678. Therefore, it implies a Short% of Shares Outstanding of 2062196 and a Short% of Float of 8.02.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
