Fabrinet is part of the computer hardware industry and is part of the technology sector. 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 1.28% with an open at 55.78 and a close of 56.17. It reached an intraday high of 56.94 and a low of 55.70.
The stock has a market cap of $2.1b with 36.9m shares outstanding, of which the float is 36.2m shares. Trading volume reached 524,347 shares compared to its average volume of 449,333 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, Fabrinet shares returned 4.93% and in the past 30 trading days it returned 1.74%. Over three months, it changed 17.66%. In one year it has changed 71.93% and within that year its 52-week high was 59.94 and its 52-week low was 27.69. FN stock is 102.85% above its 52 Week Low.
Our calculations show a 200 day moving average of 46.52 and a 50 day moving average of 54.78. Currently FN stock is trading 20.73% above its 200 day moving average.
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 25.42. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.75. The TTM EPS is 2.42, which comes to a TTM PE of 23.21. Historically, the PE high was 32.30 and the PE low was 5.30. If the stock reached its PE low, that would represent a price of 12.83, which is a decrease of -77.17%.
The following are the last four quarter reported earnings per share:
Base on our calculations, the intrinsic value per share is 69.28, which means it is possibly undervalued and has a margin of safety of 18.92%
Indicators to Watch:
Based on the latest filings, there is 156.20% of institutional ownership. Short-interest is 1,530,385, which is 4.15% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.29. 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 0.59
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Based on last reported financials, the company’s return on equity is 13.83%, return on assets is 9.51%, profit margin is 7.31%, price-to-sales is 1.40 and price-to-book is 2.55.
All scores are out of six:
1 :Valuation Score
4 :Past Performance Score
5 :Financial Strength Score
3 :Future Growth Score
0 :Dividend Score
3 :Overall Score