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Fabrinet (FN)
NYSE:FN
Fabrinet (FN) Stock Price & Analysis
460 Followers
FN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$108.54 - $250.38
Previous Close$239.19
Volume269.18K
Average Volume (3M)464.09K
Market Cap
$8.65B
Enterprise Value$7.92B
Total Cash (Recent Filing)$740.59M
Total Debt (Recent Filing)$11.43M
Price to Earnings (P/E)31.7
Beta1.50
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. Volume391,161
30 Day Avg. Volume464,093
Standard Deviation0.11
R-Squared0.22
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)5.38
Price to Sales (P/S)3.27
Price to Cash Flow (P/CF)25.70
P/FCF Ratio29.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.91
Enterprise Value/Gross Profit23.54
Enterprise Value/Ebitda24.77
Forecast
1Y Price Target
$220.20Price Target Upside-5.60% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Fabrinet News
PremiumPre-Earnings
Is FN a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Earnings ForecastAI is the gift that keeps on giving for Fabrinet, with the quarter coming in ahead of forecast.
Growth OutlookFabrinet expects solid and persistent growth in AI, with a promising outlook for 800G products and future ramp of 1.6TB products.
Product DemandFabrinet displayed strength in 400G/400G+ ZR/ZR+ products, countering some of the market challenges.
Bears Say
Company PerformanceFabrinet estimates are being trimmed due to ongoing pressures in the Telecom Service Provider market.
Market ConditionsTelecom conditions are not expected to improve until the calendar year 2025, indicating prolonged headwinds.
Product PricingPrice declines in optics are reflecting normal price deflation and lower component costs, leading to a flattening in Optics Revenue growth.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
FN FAQ
What was Fabrinet’s price range in the past 12 months?
Fabrinet lowest stock price was $108.54 and its highest was $250.38 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 75 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
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$220.20 (-5.60% Downside)
$220.20 (-5.60% Downside)
Blogger Sentiment
Bullish
FN Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 375.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.1%
Last 30 Days ▲ 19.3%
Last 30 Days ▲ 19.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
108.17%
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
$220.20
▼(-5.60% Downside)
Technical Analysis
Best Analysts Covering FN
1 Year
1 Year Success Rate
19/19 ratings generated profit
1 Year Average Return
+27.02%
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 +27.02% per trade.
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