Home News Latest Movement: Fabrinet (NYSE: FN)

Latest Movement: Fabrinet (NYSE: FN)

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Fabrinet trades as part of the technology sector and is in the computer hardware industry. The company CEO is Seamus Grady. Fabrinet is engaged in providing outsourced manufacturing services to original equipment manufacturers. It offers a wide range of optical and electro-mechanical manufacturing capabilities across the whole producing process.

Previous Intraday Trading Performance:

The FN stock showed a previous change of -2.14% with an open at 53.33 and a close of 52.16. It reached an intraday high of 53.56 and a low of 51.99.

SeekingAlpha:  Undervalued Stocks With Rising Earnings Expectations

Liquidity:

The stock has a market cap of $1.9b with 36.8m shares outstanding, of which the float is 35.9m shares. Trading volume reached 570,764 shares compared to its average volume of 447,338 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Fabrinet shares returned -0.63% and in the past 30 trading days it returned 18.30%. Over three months, it changed 11.62%. In one year it has changed 69.30% and within that year its 52-week high was 54.70 and its 52-week low was 24.02. FN stock is 117.15% above its 52 Week Low.

Our calculations show a 200 day moving average of 39.51 and a 50 day moving average of 47.24. Currently FN stock is trading 32.03% above its 200 day moving average.

SeekingAlpha:  Undervalued Stocks With Rising Earnings Expectations

Earnings:

The last annual fiscal EPS for the company was reported at 2.21 that ended on 30th of June 2018, which according to the previous close, that is a PE of 23.60. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.52. The TTM EPS is 2.33, which comes to a TTM PE of 22.39. Historically, the PE high was 31.10 and the PE low was 5.70. If the stock reached its PE low, that would represent a price of 13.28, which is a decrease of -74.54%.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.79
06-30-2018:  0.81
03-31-2018:  0.55
12-31-2017:  0.51

Base on our calculations, the intrinsic value per share is 67.91, which means it is possibly undervalued and has a margin of safety of 23.20%

Indicators to Watch:

Based on the latest filings, there is 157.00% of institutional ownership. Short-interest is 542,689, which is 1.47% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.21. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.65

SeekingAlpha:  Exterran Corporation (EXTN) CEO Andrew Way on Q3 2018 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 12.41%, return on assets is 8.34%, profit margin is 6.78%, price-to-sales is 1.41 and price-to-book is 2.51.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 3  :Past Performance Score
 5  :Financial Strength Score
 4  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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