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Fabrinet (FN)
NYSE:FN
Fabrinet (FN) Stock Price & Analysis
479 Followers
FN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$114.83 - $257.04
Previous Close$242.9
Volume399.83K
Average Volume (3M)450.25K
Market Cap
$8.78B
Enterprise Value$7.99B
Total Cash (Recent Filing)$794.03M
Total Debt (Recent Filing)$6.34M
Price to Earnings (P/E)32.2
Beta1.51
Next Earnings
Aug 19, 2024EPS Estimate
$2.24Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.54
Shares Outstanding36,145,246
10 Day Avg. Volume453,188
30 Day Avg. Volume450,254
Standard Deviation0.11
R-Squared0.22
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)5.55
Price to Sales (P/S)12.20
Price to Cash Flow (P/CF)26.50
P/FCF Ratio30.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.87
Enterprise Value/Gross Profit23.77
Enterprise Value/Ebitda23.44
Forecast
1Y Price Target
$222.20Price Target Upside-8.05% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Fabrinet News
PremiumCompany Announcements
Fabrinet Enhances Board with Financial Expert Forbes Alexander
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe quarter came in ahead of forecast and Fabrinet guided modestly ahead of the Street despite Telecom headwinds.
Growth PotentialFabrinet's Nvidia business sets them up for a long runway of future growth.
Market TrendsAI is the gift that keeps on giving for Fabrinet, driving growth in DCI applications and 800GZR products.
Bears Say
Manufacturing CapacityFabrinet’s near- and intermediate-term upside is capped by their manufacturing capacity.
Revenue DeclineThe Telecom segment’s revenue run rate has fallen drastically due to the industry-wide excess inventory correction.
Supplier RisksThere are risks around additional transceivers suppliers getting qualified by Nvidia.
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Ownership Overview
20.39% Insiders
45.24% Mutual Funds
26.22% Other Institutional Investors
8.15% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FN FAQ
What was Fabrinet’s price range in the past 12 months?
Fabrinet lowest stock price was $114.83 and its highest was $257.04 in the past 12 months.
What is Fabrinet’s market cap?
Currently, no data Available
When is Fabrinet’s upcoming earnings report date?
Fabrinet’s upcoming earnings report date is Aug 19, 2024 which is in 47 days.
How were Fabrinet’s earnings last quarter?
Fabrinet released its earnings results on May 06, 2024. The company reported $2.39 earnings per share for the quarter, beating the consensus estimate of $2.107 by $0.283.
Is Fabrinet overvalued?
According to Wall Street analysts Fabrinet’s price is currently Overvalued.
Does Fabrinet pay dividends?
Fabrinet does not currently pay dividends.
What is Fabrinet’s EPS estimate?
Fabrinet’s EPS estimate is $2.24.
How many shares outstanding does Fabrinet have?
Fabrinet has 36,145,245 shares outstanding.
What happened to Fabrinet’s price movement after its last earnings report?
Fabrinet reported an EPS of $2.39 in its last earnings report, beating expectations of $2.107. Following the earnings report the stock price went up 10.846%.
Which hedge fund is a major shareholder of Fabrinet?
Among the largest hedge funds holding Fabrinet’s share is Royce & Associates LLC. It holds Fabrinet’s shares valued at 41M.
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Fabrinet Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$222.20 (-8.05% Downside)
$222.20 (-8.05% Downside)
Blogger Sentiment
Bullish
FN Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 375.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.3%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
87.01%
12-Months-Change
Fundamentals
Return on Equity
17.79%
Trailing 12-Months
Asset Growth
10.26%
Trailing 12-Months
Company Description
Fabrinet
Fabrinet engages in the provision of optical packaging and electronic manufacturing services to original equipment manufacturers. The firm's engineering services include process design, failure analysis, reliability testing, tooling design, and real-time traceability system. Its manufacturing operations offer sensors, subsystems, customized optics, and optical modules and components. The company was founded by David Thomas Mitchell on August 12, 1999 and is headquartered in George Town, Cayman Islands.
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FN Company Deck
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FN Earnings Call
Q3 2024
0:00 / 0:00
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FN Stock 12 Month Forecast
Average Price Target
$222.20
▼(-8.05% Downside)
Technical Analysis
Best Analysts Covering FN
1 Year
1 Year Success Rate
19/19 ratings generated profit
1 Year Average Return
+27.11%
upgraded a buy rating 3 months ago
Copying Tim Savageaux's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +27.11% per trade.
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