Fabrinet (NYSE: FN) kicked off on Friday, down -8.94% from the previous trading day, before settling in for the closing price of $266.87. Over the past 52 weeks, FN has traded in a range of $149.19-$278.38.
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A company in the Technology sector has jumped its sales by 12.88% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 12.35%. With a float of $35.91 million, this company’s outstanding shares have now reached $36.15 million.
In an organization with 14213 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 12.36%, operating margin of 9.63%, and the pretax margin is 10.8%.
Fabrinet (FN) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Electronic Components Industry. The insider ownership of Fabrinet is 0.66%, while institutional ownership is 104.87%. The most recent insider transaction that took place on Sep 05 ’24, was worth 1,914,021. In this transaction EVP, Sales & Marketing of this company sold 8,690 shares at a rate of $220.26, taking the stock ownership to the 8,333 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Officer proposed sale 8,690 for $220.26, making the entire transaction worth $1,914,022.
Fabrinet (FN) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 2 earnings per share (EPS), higher than consensus estimate (set at 1.86) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.00% during the next five years compared to 19.77% growth over the previous five years of trading.
Fabrinet (NYSE: FN) Trading Performance Indicators
Take a look at Fabrinet’s (FN) current performance indicators. Last quarter, stock had a quick ratio of 2.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.05. Likewise, its price to free cash flow for the trailing twelve months is 24.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.10, a number that is poised to hit 2.38 in the next quarter and is forecasted to reach 11.28 in one year’s time.
Technical Analysis of Fabrinet (FN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.51 million. That was better than the volume of 0.48 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.43%. Additionally, its Average True Range was 10.29.
During the past 100 days, Fabrinet’s (FN) raw stochastic average was set at 62.74%, which indicates a significant increase from 40.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.26% in the past 14 days, which was higher than the 54.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $237.12, while its 200-day Moving Average is $217.63. However, in the short run, Fabrinet’s stock first resistance to watch stands at $255.01. Second resistance stands at $267.00. The third major resistance level sits at $275.86. If the price goes on to break the first support level at $234.16, it is likely to go to the next support level at $225.30. The third support level lies at $213.31 if the price breaches the second support level.
Fabrinet (NYSE: FN) Key Stats
The company with the Market Capitalisation of 8.79 billion has total of 36,145K Shares Outstanding. Its annual sales at the moment are 2,883 M in contrast with the sum of 296,180 K annual income. Company’s last quarter sales were recorded 753,260 K and last quarter income was 81,070 K.
