EPS for Fabrinet (FN) forecasted at $0.79

During 2018 Q3 the big money sentiment increased to 1.33. That’s change of 0.26, from 2018Q2’s 1.07. 13 investors sold all, 56 reduced holdings as Fabrinet ratio is positive. 47 rose stakes while 45 funds amassed stakes. Funds hold 33.32 million shares thus 7.30% less from 2018Q2’s 35.95 million shares.
Moreover, Millennium Mgmt Lc has 0% invested in Fabrinet (NYSE:FN). Comerica Financial Bank holds 0.04% in Fabrinet (NYSE:FN) or 120,023 shs. Group Inc One Trading L P reported 18,122 shs. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,990 shs. Quantbot Techs Limited Partnership has invested 0.01% of its capital in Fabrinet (NYSE:FN). Invesco Ltd owns 210,510 shs. Guggenheim Cap Limited invested 0.01% of its capital in Fabrinet (NYSE:FN). Vanguard Gru Inc has invested 0% in Fabrinet (NYSE:FN). The Maryland-based Price T Rowe Associates Inc Md has invested 0% in Fabrinet (NYSE:FN). Pennsylvania-based Pnc Service Group Inc Inc has invested 0% in Fabrinet (NYSE:FN). California State Teachers Retirement Sys invested 0% in Fabrinet (NYSE:FN). Paloma Partners Co invested in 0% or 5,017 shs. 18,668 were accumulated by Ubs Asset Americas. Art Advsr Limited Co reported 7,200 shs stake. Hbk Investments L P accumulated 0% or 9,969 shs.

Fabrinet had 8 sales and 0 insider buys since August 23, 2018. This’s net activity of $10.40 million. $1.74 million worth of Fabrinet (NYSE:FN) was sold by Gill Harpal. Mitchell David T. sold $1.82 million worth of Fabrinet (NYSE:FN) on Monday, October 1. $313,396 worth of Fabrinet (NYSE:FN) was sold by Grady Seamus. On Thursday, August 23 Olson Rollance E. sold $240,130 worth of Fabrinet (NYSE:FN) or 5,000 shs.

On February, 4. Investors expect Fabrinet (NYSE:FN) to announce its quarterly earnings, according to RTT. Last year’s EPS was $0.51, while now analysts expect change of 54.90 % up from current $0.79 EPS. If FN’s EPS is $0.79 the profit will reach $29.10M for 17.28 P/E. After $0.79 EPS was reported previous quarter, analysts now see EPS growth of 0.00 % for Fabrinet. The stock decreased 4.21% or $2.4 during the last trading session, hitting $54.6.Currently Fabrinet is uptrending after 53.29% change in last January 14, 2018. FN has also 344,180 shares volume. The stock outperformed the S&P500 by 53.29%.

Fabrinet (NYSE:FN) Ratings Coverage

Total analysts of 4 have positions in Fabrinet (NYSE:FN) as follows: 3 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 75%. Since August 16, 2018 according to StockzIntelligence Inc Fabrinet has 6 analyst reports. On Tuesday, August 21 the stock of Fabrinet (NYSE:FN) has “Buy” rating given by Needham. On Tuesday, October 23 the stock has “Buy” rating by Stifel Nicolaus. On Tuesday, September 4 the stock of Fabrinet (NYSE:FN) has “Neutral” rating given by FBR Capital. On Thursday, August 16 the firm has “Buy” rating by FBR Capital given. On Wednesday, September 5 the stock of Fabrinet (NYSE:FN) has “Buy” rating given by Needham.

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, medical devices, and sensors.The firm is worth $2.01 billion. It offers a range of optical and electro-mechanical capabilities across the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, packaging, integration, final assembly, and test.22.68 is the P/E ratio. The companyÂ’s products comprise switching products, such as reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths and speeds, and over various distances; tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as for Infiniband, Ethernet, fiber channel, and optical backplane connectivity.

There’s a significant Fabrinet (NYSE:FN) news posted by Zacks.com. It’s a report titled: “ZAGG vs. FN: Which Stock Is the Better Value Option? – Zacks.com” on January 08, 2019.

Fabrinet (NYSE:FN) Analyst Ratings Chart

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