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Fabrinet (FN)
NYSE:FN
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FN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$149.19 - $278.38
Previous Close$229.04
Volume388.74K
Average Volume (3M)461.01K
Market Cap
$8.28B
Enterprise Value$7.43B
Total Cash (Recent Filing)$858.60M
Total Debt (Recent Filing)$5.04M
Price to Earnings (P/E)28.3
Beta1.75
Next Earnings
Nov 04, 2024EPS Estimate
$2.38Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)8.10
Shares Outstanding36,151,016
10 Day Avg. Volume606,532
30 Day Avg. Volume461,009
Standard Deviation0.11
R-Squared0.20
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)4.74
Price to Sales (P/S)2.90
Price to Cash Flow (P/CF)25.10
P/FCF Ratio29.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.58
Enterprise Value/Gross Profit20.85
Enterprise Value/Ebitda20.64
Forecast
1Y Price Target
$252.75Price Target Upside7.88% Upside
Rating ConsensusHold
Number of Analyst Covering4
Fabrinet News
PremiumThe Fly
Fabrinet rises 16.2%
PremiumThe Fly
Fabrinet rises 17.7%
PremiumThe Fly
Fabrinet rises 13.6%
Bulls Say, Bears Say
Bulls Say
Expansion And GrowthThe $110M building will add roughly 2M square feet to their manufacturing capacity and amount to roughly $2.5B in annualized sales.
New Customer WinFabrinet has won a 'majority share' of Ciena’s manufacturing business including the associated vertically integrated optics.
Sales PerformanceThe company reported record sales of $753M, up 15% Y/Y and above Street consensus of $733M.
Bears Say
Manufacturing CapacityQuestions remain about the timing of their ramp of Building 10 and the necessary manufacturing capacity in the business going forward.
RevenueThe Telecom segment’s revenue run rate has fallen drastically due to the industry-wide excess inventory correction.
ValuationIt feels like current valuations already price in a very attractive outcome.
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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 $149.19 and its highest was $278.38 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 Nov 04, 2024 which is in 45 days.
How were Fabrinet’s earnings last quarter?
Fabrinet released its earnings results on Aug 19, 2024. The company reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.243 by $0.167.
Is Fabrinet overvalued?
According to Wall Street analysts Fabrinet’s price is currently Undervalued.
Does Fabrinet pay dividends?
Fabrinet does not currently pay dividends.
What is Fabrinet’s EPS estimate?
Fabrinet’s EPS estimate is $2.38.
How many shares outstanding does Fabrinet have?
Fabrinet has 36,151,016 shares outstanding.
What happened to Fabrinet’s price movement after its last earnings report?
Fabrinet reported an EPS of $2.41 in its last earnings report, beating expectations of $2.243. Following the earnings report the stock price went up 15.742%.
Which hedge fund is a major shareholder of Fabrinet?
Among the largest hedge funds holding Fabrinet’s share is Driehaus Capital Management LLC. It holds Fabrinet’s shares valued at 68M.
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Fabrinet Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$252.75 (7.88% Upside)
$252.75 (7.88% Upside)
Blogger Sentiment
Bullish
FN Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 104.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $11.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 13.1%
Last 30 Days ▲ 13.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.81%
12-Months-Change
Fundamentals
Return on Equity
18.43%
Trailing 12-Months
Asset Growth
18.13%
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
Q4 2024
0:00 / 0:00
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FN Stock 12 Month Forecast
Average Price Target
$252.75
▲(7.88% Upside)
Technical Analysis
Best Analysts Covering FN
1 Year
1 Year Success Rate
19/19 ratings generated profit
1 Year Average Return
+26.76%
upgraded a buy rating 6 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 +26.76% per trade.
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