Fabrinet (FN) recent activity suggests a positive outlook with the last week’s performance of 11.67%

Fabrinet (NYSE: FN) on Monday, soared 4.34% from the previous trading day, before settling in for the closing price of $216.21. Within the past 52 weeks, FN’s price has moved between $159.69 and $281.79.

A company in the Technology sector has jumped its sales by 12.88% annually for the last half of the decade. The company achieved an average annual earnings per share of 14.34%. With a float of $36.10 million, this company’s outstanding shares have now reached $36.27 million.

In an organization with 14213 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 12.35%, operating margin of 9.68%, and the pretax margin is 10.73%.

Fabrinet (FN) Insider and Institutional Ownership

Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of Fabrinet is 0.45%, while institutional ownership is 103.31%. The most recent insider transaction that took place on Nov 12 ’24, was worth 5,135,625. Before that another transaction happened on Sep 05 ’24, when Company’s EVP, Sales & Marketing sold 8,690 for $220.26, making the entire transaction worth $1,914,021. This insider now owns 8,333 shares in total.

Fabrinet (FN) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.72 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 14.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.21% during the next five years compared to 19.77% growth over the previous five years of trading.

Fabrinet (NYSE: FN) Trading Performance Indicators

Fabrinet (FN) is currently performing well based on its current performance indicators. A quick ratio of 2.90 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.73. Likewise, its price to free cash flow for the trailing twelve months is 27.74.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.44, a number that is poised to hit 2.56 in the next quarter and is forecasted to reach 11.46 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 0.92 million. That was better than the volume of 0.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.44%. Additionally, its Average True Range was 15.49.

During the past 100 days, Fabrinet’s (FN) raw stochastic average was set at 42.94%, which indicates a significant increase from 42.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 114.22% in the past 14 days, which was higher than the 61.90% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $231.40, while its 200-day Moving Average is $231.31. However, in the short run, Fabrinet’s stock first resistance to watch stands at $234.03. Second resistance stands at $242.47. The third major resistance level sits at $256.98. If the price goes on to break the first support level at $211.08, it is likely to go to the next support level at $196.57. The third support level lies at $188.13 if the price breaches the second support level.

Fabrinet (NYSE: FN) Key Stats

Market capitalization of the company is 8.18 billion based on 36,268K outstanding shares. Right now, sales total 2,883 M and income totals 296,180 K. The company made 804,230 K in profit during its latest quarter, and 77,390 K in sales during its previous quarter.