Fabrinet (FN) latest performance of -9.02% is not what was on cards

Witnessing the stock’s movement on the chart, on Wednesday, Fabrinet (NYSE: FN) had a quiet start as it plunged -9.02% to $226.30, before settling in for the price of $248.74 at the close. Taking a more long-term approach, FN posted a 52-week range of $159.30-$278.38.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Technology sector firm’s twelve-monthly sales growth has been 12.88% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 19.77%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 13.63%. This publicly-traded company’s shares outstanding now amounts to $36.15 million, simultaneously with a float of $36.12 million. The organization now has a market capitalization sitting at $8.21 billion. At the time of writing, stock’s 50-day Moving Average stood at $243.79, while the 200-day Moving Average is $223.07.

Fabrinet (FN) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Electronic Components industry. Fabrinet’s current insider ownership accounts for 0.41%, in contrast to 102.99% institutional ownership. Preceding that transaction, on Sep 05 ’24, Company’s EVP, Sales & Marketing sold 8,690 for 220.26, making the whole transaction’s value amount to 1,914,021. This particular insider is now the holder of 8,333 in total.

Fabrinet (FN) Earnings and Revenue Records

Fabrinet’s EPS increase for this current 12-month fiscal period is 13.63% and is forecasted to reach 11.44 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 22.00% through the next 5 years, which can be compared against the 19.77% growth it accomplished over the previous five years trading on the market.

Fabrinet (NYSE: FN) Trading Performance Indicators

Let’s observe the current performance indicators for Fabrinet (FN). It’s Quick Ratio in the last reported quarter now stands at 2.90. The Stock has managed to achieve an average true range (ATR) of 13.62. Alongside those numbers, its PE Ratio stands at $26.81, and its Beta score is 0.94. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.73. Similarly, its price to free cash flow for trailing twelve months is now 27.83.

In the same vein, FN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.44, a figure that is expected to reach 2.50 in the next quarter, and analysts are predicting that it will be 11.44 at the market close of one year from today.

Technical Analysis of Fabrinet (FN)

Going through the that latest performance of [Fabrinet, FN]. Its last 5-days volume of 0.63 million indicated improvement to the volume of 0.49 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 19.99% While, its Average True Range was 15.01.

Raw Stochastic average of Fabrinet (FN) in the period of the previous 100 days is set at 45.12%, which indicates a major rise in contrast to 26.02% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 76.63% that was higher than 59.20% volatility it exhibited in the past 100-days period.