Fabrinet (NYSE:FN) will announce its earnings results after the market closes on Monday, February 5th. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Fabrinet has set its Q2 guidance at $0.69-0.71 EPS.
Fabrinet (NYSE:FN) last issued its quarterly earnings results on Monday, November 6th. The technology company reported $0.55 EPS for the quarter, missing the Zacks’ consensus estimate of $0.62 by ($0.07). Fabrinet had a net margin of 6.60% and a return on equity of 14.35%. On average, analysts expect Fabrinet to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of Fabrinet (FN) opened at $25.93 on Monday. The company has a current ratio of 2.70, a quick ratio of 1.85 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $974.67, a P/E ratio of 10.33, a P/E/G ratio of 0.98 and a beta of 1.00. Fabrinet has a 52-week low of $25.01 and a 52-week high of $49.63.
A number of analysts recently commented on FN shares. Needham & Company LLC reaffirmed a “buy” rating on shares of Fabrinet in a research report on Thursday, October 12th. Piper Jaffray Companies reaffirmed a “buy” rating on shares of Fabrinet in a research report on Friday, November 10th. Zacks Investment Research downgraded Fabrinet from a “hold” rating to a “sell” rating in a research report on Friday, November 10th. JPMorgan Chase & Co. downgraded Fabrinet from an “overweight” rating to a “neutral” rating and set a $42.00 target price for the company. in a research report on Tuesday, November 7th. Finally, B. Riley decreased their target price on Fabrinet from $46.50 to $42.50 and set a “buy” rating for the company in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $44.25.
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Fabrinet provides optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers (OEMs) of products, such as optical communication components, modules and sub-systems, industrial lasers, medical devices and sensors. The Company offers a range of optical and electro-mechanical capabilities across the manufacturing process, including process design and engineering, supply chain management, manufacturing, complex printed circuit board assembly, advanced packaging, integration, final assembly and test.
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