FN - Fabrinet
| Previous Close | 51.48 |
| Open | 51.43 |
| Bid | 51.73 x 800 |
| Ask | 51.78 x 1000 |
| Day's Range | 51.41 - 52.29 |
| 52 Week Range | 40.94 - 62.31 |
| Volume | 60,789 |
| Avg. Volume | 371,876 |
| Market Cap | 1.895B |
| Beta (3Y Monthly) | 1.20 |
| PE Ratio (TTM) | 15.92 |
| EPS (TTM) | 3.23 |
| Earnings Date | Nov 4, 2019 - Nov 8, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 61.00 |
- Thomson Reuters StreetEvents
Edited Transcript of FN earnings conference call or presentation 19-Aug-19 9:00pm GMT
Q4 2019 Fabrinet Earnings Call
- GuruFocus.com
Fabrinet (FN) CFO Toh-seng Ng Sold $605,967 of Shares
CFO of Fabrinet (30-Year Financial, Insider Trades) Toh-seng Ng (insider trades) sold 11,278 shares of FN on 09/06/2019 at an average price of $53.73 a share. Continue reading...
- Motley Fool
Fabrinet Issues Weak Guidance as Headwinds Mount
Supply chain disruptions and a weak laser market will weigh on the company's results.
- MarketWatch
Fabrinet's stock leads all NYSE losers after downbeat outlook, heads for biggest drop in 5 years
Shares of Fabrinet tumbled 17% in afternoon trading Tuesday, enough to lead all of the NYSE-listed losers, after the optical communications equipment company reported fiscal fourth-quarter results that beat expectations but provided a downbeat first-quarter outlook. The company had reported late Monday net income for the quarter to June 28 that rose to $30.7 million, or 88 cents a share, from $21.6 million, or 60 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted EPS rose to $1.00 from 81 cents, and beat the FactSet consensus of 94 cents. Revenue rose 17% to $405.1 million to top the FactSet consensus of $399.7 million. For the first quarter, Fabrinet said it expects adjusted EPS of 80 cents to 84 cents and revenue of $386 million to $394 million. The FactSet consensus as of the end of July were 96 cents for EPS and $407.3 million for revenue. Regarding the outlook, Chief Executive Seamus Grady said on the post-earnings conference call with analysts that the timing of changes to customer supply chains as they work through the restart of shipments to Huawei will temporarily hurt some of Fabrinet's optical communications business, while the industrial laser market is expected to slow down in the near term. The stock, on track for the biggest one-day drop since August 2014, has lsot 8.3% year to date, while the SPDR Technology Select Sector ETF has rallied 28% and the S&P 500 has gained 16%.
- Motley Fool
Why Shares of Fabrinet Slumped Today
The company's results were solid, but its guidance was a different story.
- TheStreet.com
Fabrinet Slumps After Earnings Forecast Disappoints
The optical and electronic manufacturing service provider issues a fiscal first-quarter forecast below Wall Street estimates.
- Investor's Business Daily
Dow Jones Futures: Stock Market Rally Nears Key Level
Stock futures: About a dozen states reportedly plan a Big Tech antitrust probe, likely ensnaring Apple, Facebook, Amazon and Google. Baidu, spinoff iQiyi and Fabrinet moved on earnings.
Motley FoolFabrinet (FN) Q4 2019 Earnings Call Transcript
FN earnings call for the period ending June 30, 2019.
- Zacks
Fabrinet (FN) Q4 Earnings and Revenues Beat Estimates
Fabrinet (FN) delivered earnings and revenue surprises of 7.53% and 1.17%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- MarketWatch
Fabrinet stock plunges after earnings forecast comes in lower than expectations
Fabrinet shares dove in extended trading Monday after the fiber-optics company suggested its first-quarter performance will not live up to analysts' expectations. In a fiscal fourth-quarter earnings report, Fabrinet on Monday afternoon reported net income of $33 million, or 88 cents a share, on sales of $405.1 million, up from $345.3 million a year before. After adjusting for stock-based compensation and other effects, the company claimed earnings of $1 a share, up from 81 cents a share in the same quarter the prior year. Analysts on average expected adjusted earnings of 94 cents a share on sales of $400 million, according to FactSet. For the first quarter of its new fiscal year, though, Fabrinet guided for a sequential decline, with adjusted earnings of 80 cents to 84 cents a share on sales of $386 million to $394 million. Analysts on average were expecting adjusted earnings of 95 cents a share on sales of $407 million, according to FactSet. After closing with a 1.6% advance at $56.46, shares were selling for less than $50 a share in after-hours trading Monday.
- ACCESSWIRE
Fabrinet to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / August 19, 2019 / Fabrinet (NYSE: FN ) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on August 19, 2019 at 5:00 PM Eastern Time. ...
- Benzinga
Q4 Earnings Preview For Fabrinet
Fabrinet (NYSE: FN ) announces its next round of earnings this Monday, August 19. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement. Earnings and Revenue Analysts predict ...
- Zacks
Fabrinet (FN) Earnings Expected to Grow: Should You Buy?
Fabrinet (FN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Markit
See what the IHS Markit Score report has to say about Fabrinet.
Fabrinet NYSE:FNView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for FN with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting FN. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold FN had net inflows of $429 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Thomson Reuters StreetEvents
Edited Transcript of FN earnings conference call or presentation 6-May-19 9:00pm GMT
Q3 2019 Fabrinet Earnings Call
- Business Wire
Fabrinet to Present at Upcoming Investor Conferences
Fabrinet , a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufact
- Benzinga
Needham Lowers Fabrinet's Price Target, Cites Loss Of Huawei Sales
Huawei doesn't buy equipment from Fabrinet directly but does so indirectly through Lumentum Holdings Inc (NASDAQ: LITE), Henderson wrote in a note. Fabrinet's management said it's "trying to determine" its exposure to Huawei but the analyst says there's enough public information to assume Fabrinet's sales exposure to Huawei is between 7 percent to 10 percent.
- Zacks
Fabrinet Enters Oversold Territory
Fabrinet has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
- Zacks
Is Fabrinet (FN) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Zacks
KEMET (KEM) Q4 Earnings Beat Estimates, Revenues Up Y/Y
KEMET's (KEM) fourth-quarter fiscal 2019 results benefits from solid ceramic capacitor sales and improvement in manufacturing efficiency.
