Fabrinet Stock Price on December 24, 2024

FN Stock  USD 221.24  0.35  0.16%   
Below is the normalized historical share price chart for Fabrinet extending back to June 25, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fabrinet stands at 221.24, as last reported on the 25th of December, with the highest price reaching 223.71 and the lowest price hitting 219.93 during the day.
IPO Date
25th of June 2010
200 Day MA
226.2636
50 Day MA
242.645
Beta
0.947
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fabrinet Stock, it is important to understand the factors that can impact its price. Fabrinet secures Sharpe Ratio (or Efficiency) of -0.0189, which denotes the company had a -0.0189% return per unit of standard deviation over the last 3 months. Fabrinet exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fabrinet's Mean Deviation of 2.32, standard deviation of 3.2, and Coefficient Of Variation of (15,607) to check the risk estimate we provide.
  
At this time, Fabrinet's Total Stockholder Equity is very stable compared to the past year. As of the 25th of December 2024, Common Stock Shares Outstanding is likely to grow to about 38.7 M, while Common Stock Total Equity is likely to drop about 381.4 K. . At this time, Fabrinet's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 25th of December 2024, Price To Free Cash Flows Ratio is likely to grow to 31.40, while Price To Sales Ratio is likely to drop 1.79. Fabrinet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0189

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Estimated Market Risk

 3.23
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fabrinet is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fabrinet by adding Fabrinet to a well-diversified portfolio.
Price Book
4.3859
Enterprise Value Ebitda
19.1138
Price Sales
2.6731
Shares Float
36.1 M
Wall Street Target Price
269.3333

Related Headline

Plexus Corp Headline on 24th of December 2024

Neenah-based electronic manufacturing services provider Plexus Corp. purchased an office building across the street from its existing design center in Raleigh, North Carolina.

Fabrinet Valuation on December 24, 2024

It is possible to determine the worth of Fabrinet on a given historical date. On December 24, 2024 Fabrinet was worth 220.85 at the beginning of the trading date compared to the closed value of 221.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fabrinet stock. Still, in general, we apply an absolute valuation method to find Fabrinet's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fabrinet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fabrinet's related companies.
 Open High Low Close Volume
  223.14    227.20    219.78    220.89    382,790  
12/24/2024
  220.85    223.71    219.93    221.24    185,948  
Backtest Fabrinet  |  Fabrinet History  |  Fabrinet Valuation   Previous
Open Value
220.85
211.17
Downside
221.24
Closing Value
230.53
Upside

Fabrinet Trading Date Momentum on December 24, 2024

On December 24 2024 Fabrinet was traded for  221.24  at the closing time. The highest price during the trading period was 223.71  and the lowest recorded bid was listed for  219.93 . The volume for the day was 185.9 K. This history from December 24, 2024 did not affect price variability. The overall trading delta to the current price is 0.18% .

Fabrinet Fundamentals Correlations and Trends

By evaluating Fabrinet's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fabrinet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fabrinet financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fabrinet Stock history

Fabrinet investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fabrinet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fabrinet will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fabrinet stock prices may prove useful in developing a viable investing in Fabrinet
Last ReportedProjected for Next Year
Common Stock Shares Outstanding36.6 M38.7 M
Net Income Applicable To Common Shares285.1 M299.4 M

Fabrinet Quarterly Net Working Capital

1.53 Billion

Fabrinet Stock Technical Analysis

Fabrinet technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Fabrinet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fabrinet trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fabrinet Period Price Range

Low
December 25, 2024
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High

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Fabrinet cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Fabrinet December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Fabrinet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fabrinet shares will generate the highest return on investment. By undertsting and applying Fabrinet stock market strength indicators, traders can identify Fabrinet entry and exit signals to maximize returns

Fabrinet Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fabrinet's price direction in advance. Along with the technical and fundamental analysis of Fabrinet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fabrinet to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fabrinet. If investors know Fabrinet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fabrinet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.197
Earnings Share
8.45
Revenue Per Share
82.845
Quarterly Revenue Growth
0.173
Return On Assets
0.0818
The market value of Fabrinet is measured differently than its book value, which is the value of Fabrinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fabrinet's value that differs from its market value or its book value, called intrinsic value, which is Fabrinet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fabrinet's market value can be influenced by many factors that don't directly affect Fabrinet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fabrinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fabrinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fabrinet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.