A closer look at Fabrinet (FN)’s stock price trends

While Fabrinet has overperformed by 4.56%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, FN rose by 35.95%, with highs and lows ranging from $288.72 to $148.55, whereas the simple moving average jumped by 31.73% in the last 200 days.

On April 04, 2025, B. Riley Securities Upgraded Fabrinet (NYSE: FN) to Neutral. A report published by Fox Advisors on February 18, 2025, Initiated its previous ‘Overweight’ rating for FN. B. Riley Securities also Downgraded FN shares as ‘Sell’, setting a target price of $178 on the company’s shares in a report dated November 20, 2024. Barclays Initiated an Equal Weight rating on November 14, 2024, and assigned a price target of $292. Needham initiated its ‘Buy’ rating for FN, as published in its report on November 05, 2024. Jefferies’s report from June 26, 2024 suggests a price prediction of $230 for FN shares, giving the stock a ‘Hold’ rating. Northland Capital also rated the stock as ‘Outperform’.

Analysis of Fabrinet (FN)

Further, the quarter-over-quarter increase in sales is 19.17%, showing a positive trend in the upcoming months.

There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Fabrinet’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 18.30% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.54, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

As an indicator of volatility for any stock, average volume can also be very valuable, and FN is recording an average volume of 735.05K. On a monthly basis, the volatility of the stock is set at 3.59%, whereas on a weekly basis, it is put at 3.82%, with a gain of 12.56% over the past seven days. Furthermore, long-term investors anticipate a median target price of $263.50, showing decline from the present price of $298.93, which can serve as yet another indication of whether FN is worth investing in or should be passed over.

How Do You Analyze Fabrinet Shares?

Fabrinet (FN) is based in the Cayman Islands and is one of the most prominent companies operating in the Electronic Components market. When comparing Fabrinet shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 33.32, there is a growth in quarterly earnings of 1.66%.

Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.45%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 107.93% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

FN shares are owned by institutional investors to the tune of 107.93% at present.

Hot this week

Predicting Southwest Airlines Co’s (LUV) earnings for the current quarter

Southwest Airlines Co (LUV)'s stock is trading at $32.15...

VTRS’s Q2 earnings predictions: What the experts say

Viatris Inc (VTRS)'s stock has witnessed a price declined...

How will EQT Corp’s (EQT) earnings compare to estimates this quarter?

Currently, EQT Corp's (EQT) stock is trading at $58.01,...

WEN’s Q2 earnings estimates: What investors need to know

In the current trading session, Wendy's Co's (WEN) stock...

Can Apogee Enterprises Inc (APOG) meet market expectations this quarter?

Apogee Enterprises Inc (APOG)'s stock is trading at $41.78...

Topics

Predicting Southwest Airlines Co’s (LUV) earnings for the current quarter

Southwest Airlines Co (LUV)'s stock is trading at $32.15...

VTRS’s Q2 earnings predictions: What the experts say

Viatris Inc (VTRS)'s stock has witnessed a price declined...

How will EQT Corp’s (EQT) earnings compare to estimates this quarter?

Currently, EQT Corp's (EQT) stock is trading at $58.01,...

WEN’s Q2 earnings estimates: What investors need to know

In the current trading session, Wendy's Co's (WEN) stock...

Can Apogee Enterprises Inc (APOG) meet market expectations this quarter?

Apogee Enterprises Inc (APOG)'s stock is trading at $41.78...

CTRA’s earnings forecast for the current quarter

Coterra Energy Inc (CTRA)'s stock has witnessed a price...

Breaking down DVN’s current quarter earnings estimates

Currently, Devon Energy Corp's (DVN) stock is trading at...

Experts predict Constellation Energy Corporation’s (CEG) current quarter earnings growth rate

In the current trading session, Constellation Energy Corporation's (CEG)...
spot_img

Related Articles

Popular Categories

spot_imgspot_img
US Post News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.