Fabrinet [FN] stock is trading at $233.55, up 1.91%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FN shares have gain 6.22% over the last week, with a monthly amount drifted -3.89%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Fabrinet [NYSE: FN] stock has seen the most recent analyst activity on November 20, 2024, when B. Riley Securities downgraded its rating to a Sell and also revised its price target to $178 from $194. Previously, Barclays started tracking the stock with Equal Weight rating on November 14, 2024, and set its price target to $292. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $230 on June 26, 2024. Northland Capital upgraded its rating to a Outperform and raised its price target to $220 on March 21, 2024. Northland Capital downgraded its rating to Market Perform for this stock on February 06, 2024, but kept the price target unchanged to $200. In a note dated January 08, 2024, JP Morgan downgraded an Neutral rating on this stock and boosted its target price from $185 to $210.
Fabrinet [FN] stock has fluctuated between $159.69 and $278.38 over the past year. Currently, Wall Street analysts expect the stock to reach $280 within the next 12 months. Fabrinet [NYSE: FN] shares were valued at $233.55 at the most recent close of the market. An investor can expect a potential return of 19.89% based on the average FN price forecast.
Analyzing the FN fundamentals
Fabrinet [NYSE:FN] reported sales of 3.00B for the trailing twelve months, which represents a growth of 17.32%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.18 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 226.75 points at the first support level, and at 219.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 237.06, and for the 2nd resistance point, it is at 240.58.
Ratios To Look Out For
For context, Fabrinet’s Current Ratio is 3.66. As well, the Quick Ratio is 2.90, while the Cash Ratio is 0.7. Considering the valuation of this stock, the price to sales ratio is 2.82, the price to book ratio is 4.64 and price to earnings (TTM) ratio is 27.67.
Transactions by insiders
Recent insider trading involved Gill Harpal, Officer, that happened on Nov 12 ’24 when 18675.0 shares were purchased. EVP, Sales & Marketing, Archer Edward T. completed a deal on Sep 05 ’24 to sell 8690.0 shares. Meanwhile, Officer Archer Edward T. bought 8690.0 shares on Sep 05 ’24.
