Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Fabrinet (NYSE: FN) was $209.91 for the day, up 2.47% from the previous closing price of $204.85. In other words, the price has increased by $2.47 from its previous closing price. On the day, 1.05 million shares were traded.
Ratios:
Our analysis of FN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.55. For the most recent quarter (mrq), Quick Ratio is recorded 2.54 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
As of this moment, Fabrinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.40, and their Forward P/E ratio for the next fiscal year is 18.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 3.94.
Stock Price History:
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 4.88%, while the 200-Day Moving Average is calculated to be -6.57%.
Shares Statistics:
A total of 35.83M shares are outstanding, with a floating share count of 35.67M. Insiders hold about 0.45% of the company’s shares, while institutions hold 104.39% stake in the company.
