FORTY - Formula Systems (1985) Ltd.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
48.00
0.00 (0.00%)
At close: 9:30AM EDT
Stock chart is not supported by your current browser
Previous Close48.00
Open48.00
Bid47.01 x 1000
Ask51.00 x 1000
Day's Range48.00 - 48.00
52 Week Range33.15 - 53.48
Volume186
Avg. Volume167
Market Cap765.168M
Beta (3Y Monthly)1.17
PE Ratio (TTM)22.40
EPS (TTM)2.14
Earnings DateN/A
Forward Dividend & Yield0.68 (1.40%)
Ex-Dividend Date2018-12-28
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire7 days ago

    Formula Systems Announces Filing of Annual Report for the Year Ended December 31, 2018

    Or Yehuda, Israel, May 15, 2019 --  Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged primarily, through its subsidiaries and.

  • PR Newswire16 days ago

    Sapiens Reports First Quarter 2019 Financial Results

    HOLON, Israel , May 6, 2019 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, and a member of ...

  • GlobeNewswire2 months ago

    Completion of Israeli Series C Debenture Offering

    Formula effected the Offering pursuant to the foregoing shelf offering report and in accordance with Formula’s shelf prospectus filed with the ISA and TASE on March 25, 2019. The new Series C Debentures offered by Formula in the Offering are secured by liens on the shares of the Company’s subsidiaries and affiliate held by the Company and will be listed for trading only on the TASE. In accordance with customary Israeli practice and the Israeli Securities Law and regulations, the Offering was conducted via a two stage bidding process in which institutional investors and public investors submitted bids as to the most favorable terms that they were willing to provide to the Company.

  • GlobeNewswire2 months ago

    Publication of Shelf Prospectus for Potential Offerings of Securities

    Or Yehuda, Israel, March 26, 2019 (GLOBE NEWSWIRE) --  Formula Systems (1985) Ltd. (“Formula”) published a final-form shelf prospectus with the Tel Aviv Stock Exchange (the “TASE”) and the Israel Securities Authority (the “ISA”). Pursuant to the shelf prospectus, Formula may offer from time to time an indeterminate number of ordinary shares, nonconvertible debt securities, convertible debt securities, warrants, options to purchase non-convertible debt securities, options to purchase convertible debt securities and other tradable securities of Formula.

  • Associated Press2 months ago

    Formula Systems: 4Q Earnings Snapshot

    On a per-share basis, the Or Yehuda, Israel-based company said it had net income of 70 cents. Earnings, adjusted for non-recurring gains, were 53 cents per share. The information technology company posted ...

  • GlobeNewswire2 months ago

    Formula Systems Reports the Results of the Fourth Quarter and Full Year 2018 with Record-Breaking Revenues of $1.5 Billion and Net Income Attributable to Shareholders of $32.2 Million for the Year

    Operating income for the year increased by 51% year over year to $109.6 million Or Yehuda, Israel, March 19, 2019 -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global.

  • GlobeNewswire2 months ago

    Investor Presentation Related to Potential New Israeli Debenture Series

    On March 13, 2019, Formula Systems (1985) Ltd. (“Formula”) published with the Tel Aviv Stock Exchange (the “TASE”) and the Israel Securities Authority (the “ISA”) an investor presentation that it will be using in connection with its marketing efforts for Formula’s new series of secured debentures—Series C Debentures— that may potentially be issued by Formula in Israel. A copy of the investor presentation is appended as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K (a “Form 6-K”). A description of the potential offering of the Series C Debentures in Israel was contained in Formula’s Form 6-K that it furnished to the U.S. Securities and Exchange Commission on March 11, 2019, which description is incorporated by reference herein.

  • GlobeNewswire2 months ago

    Conversion of Series B Convertible Debentures

    Or Yehuda, Israel, March 12, 2019 -- Formula Systems (1985) Ltd. (“Formula”) hereby reports that a significant amount of its unsecured, convertible debentures—the Series B.

  • GlobeNewswire2 months ago

    Publication of Draft Agreement with Trustee for Potential New Israeli Debenture Series

    On March 10, 2019, Formula Systems (1985) Ltd. (“Formula”) published with the Tel Aviv Stock Exchange (the “TASE”) and the Israel Securities Authority (the “ISA”) a draft agreement with a trustee for a new series of secured debentures—Series C Debentures— that may potentially be issued by Formula in Israel. Publication of the final-form indenture for the Series C Debentures, as well as the actual offering of the Series C Debentures, are subject to receipt of the required approvals under Israeli law, including the approval of the Company’s board of directors, the ISA and the TASE. Also on March 10, 2019, Formula reported publicly to the TASE and ISA that Standard & Poor’s Maalot (“S&P”) had issued a credit rating of ilAA- for the potential new secured Series C Debenture series, for an aggregate principal amount of up to NIS 300 million (par value) that may be issued and sold.

  • PR Newswire3 months ago

    Sapiens Reports Fourth Quarter and Full Year 2018 Financial Results

    HOLON, Israel , Feb. 26, 2019 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, and a member ...

  • GlobeNewswire4 months ago

    Results of Special General Meeting held on January 4, 2019

    Or Yehuda, Israel, Jan. 07, 2019 -- On January 4, 2019, Formula Systems (1985) Ltd. (“we,” “us” or the “Company”) held a special general meeting of shareholders (the.

  • GlobeNewswire5 months ago

    Formula Systems Announces Distribution of Cash Dividend in Respect of its Results for 2018

    Formula Systems (1985) Ltd. (FORTY), a leading software consulting services, computer-based business solutions and proprietary software products holding company, today announced that its Board of Directors has declared a cash dividend in the amount of US $0.34 per share and in the aggregate amount of approximately US $5.0 million. The dividend is payable on January 16th, 2019 to all of the Company’s shareholders of record at the close of trading on the NASDAQ Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on December 31st, 2018. The dividend will be paid in US dollars with respect to the ordinary shares of Formula Systems traded on the Tel Aviv Stock Exchange and the American Depositary Receipts of Formula Systems traded on the NASDAQ Global Select Market.

  • Associated Press6 months ago

    Formula Systems: 3Q Earnings Snapshot

    The Or Yehuda, Israel-based company said it had profit of 45 cents per share. The information technology company posted revenue of $362.4 million in the period. Formula Systems shares have dropped slightly ...

  • GlobeNewswire6 months ago

    Formula Systems Reports the Results of the Third Quarter of 2018 with 22% increase in Net Income Year over Year

    Formula’s revenues for the nine-month period increased by 11% year over year to $1.1 billion. Operating income for the nine-month period increased by 44% year over year to $77.1.

  • Associated Press9 months ago

    Formula Systems: 2Q Earnings Snapshot

    The Or Yehuda, Israel-based company said it had profit of 51 cents per share. The information technology company posted revenue of $363.5 million in the period. Formula Systems shares have decreased 12 ...

  • ACCESSWIRE11 months ago

    Free Research Report as Globant Delivered Record Revenues; Adjusted EPS Soared 52%

    LONDON, UK / ACCESSWIRE / June 19, 2018 / If you want access to our free earnings report on Globant S.A. (NYSE: GLOB), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=GLOB. The Company reported its first quarter fiscal 2018 operating and financial results on May 10, 2018. The information technology services provider outperformed top- and bottom-line expectations.