Fabrinet Stock Buy Hold or Sell Recommendation
| FN Stock | USD 219.47 4.68 2.09% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Fabrinet is 'Strong Sell'. The recommendation algorithm takes into account all of Fabrinet's available fundamental, technical, and predictive indicators you will find on this site.
Check out Fabrinet Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide. In addition, we conduct extensive research on individual companies such as Fabrinet and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.
Fabrinet |
Execute Fabrinet Buy or Sell Advice
The Fabrinet recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fabrinet. Macroaxis does not own or have any residual interests in Fabrinet or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fabrinet's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Fabrinet Trading Alerts and Improvement Suggestions
| Fabrinet generated a negative expected return over the last 90 days | |
| Fabrinet has high historical volatility and very poor performance | |
| Fabrinet has a strong financial position based on the latest SEC filings | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Disposition of 3740 shares by Seamus Grady of Fabrinet at 117.85 subject to Rule 16b-3 |
Fabrinet Returns Distribution Density
The distribution of Fabrinet's historical returns is an attempt to chart the uncertainty of Fabrinet's future price movements. The chart of the probability distribution of Fabrinet daily returns describes the distribution of returns around its average expected value. We use Fabrinet price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fabrinet returns is essential to provide solid investment advice for Fabrinet.
| Mean Return | -0.004 | Value At Risk | -4.46 | Potential Upside | 4.35 | Standard Deviation | 3.21 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fabrinet historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Fabrinet Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Fabrinet, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Fabrinet back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Jpmorgan Chase & Co | 2024-09-30 | 660.4 K | Paradigm Capital Management, Inc. | 2024-09-30 | 531.9 K | Baillie Gifford & Co Limited. | 2024-09-30 | 499.8 K | Congress Asset Management Company, Llp | 2024-09-30 | 498.6 K | Charles Schwab Investment Management Inc | 2024-09-30 | 480.6 K | Td Asset Management Inc | 2024-09-30 | 456 K | Millennium Management Llc | 2024-09-30 | 449.4 K | T. Rowe Price Associates, Inc. | 2024-09-30 | 437.5 K | Northern Trust Corp | 2024-09-30 | 435.7 K | Blackrock Inc | 2024-06-30 | 5.8 M | Vanguard Group Inc | 2024-09-30 | 4 M |
Fabrinet Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (16.2M) | (112.3M) | (135.0M) | 37.4M | 56.4M | 59.2M | |
| Change In Cash | 44.6M | 70.3M | (104.8M) | 33.0M | 178.6M | 187.5M | |
| Free Cash Flow | 107.2M | 74.2M | 33.7M | 151.0M | 364.7M | 383.0M | |
| Depreciation | 30.9M | 36.3M | 38.7M | 43.8M | 49.0M | 51.5M | |
| Other Non Cash Items | 8.1M | 2.2M | 2.4M | 980K | (3.4M) | (3.3M) | |
| Capital Expenditures | 43.5M | 44.5M | 90.6M | 62.3M | 48.4M | 38.0M | |
| Net Income | 113.5M | 148.3M | 200.4M | 247.9M | 296.2M | 311.0M | |
| End Period Cash Flow | 232.8M | 303.1M | 198.4M | 231.4M | 410.0M | 430.5M | |
| Change To Netincome | 29.4M | 21.0M | 30.3M | 29.7M | 34.1M | 35.9M | |
| Investments | (147.6M) | (5.4M) | (45.2M) | (98.7M) | (169.8M) | (178.2M) | |
| Change Receivables | (12.3M) | (63.8M) | (104.0M) | (76.9M) | (69.2M) | (65.8M) | |
| Net Borrowings | (7.2M) | 60.8M | (12.3M) | (12.2M) | (11.0M) | (10.4M) |
Fabrinet Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Fabrinet or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Fabrinet's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Fabrinet stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.0082 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 3.24 | |
Ir | Information ratio | -0.01 |
Fabrinet Volatility Alert
Fabrinet exhibits very low volatility with skewness of -0.38 and kurtosis of 0.95. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fabrinet's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fabrinet's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Fabrinet Fundamentals Vs Peers
Comparing Fabrinet's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Fabrinet's direct or indirect competition across all of the common fundamentals between Fabrinet and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fabrinet or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Fabrinet's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fabrinet by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Fabrinet to competition |
| Fundamentals | Fabrinet | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.0818 | -0.14 |
| Profit Margin | 0.10 % | (1.27) % |
| Operating Margin | 0.1 % | (5.51) % |
| Current Valuation | 7.23 B | 16.62 B |
| Shares Outstanding | 36.27 M | 571.82 M |
| Shares Owned By Insiders | 0.40 % | 10.09 % |
| Shares Owned By Institutions | 99.60 % | 39.21 % |
| Number Of Shares Shorted | 1.76 M | 4.71 M |
| Price To Earning | 23.57 X | 28.72 X |
| Price To Book | 4.45 X | 9.51 X |
| Price To Sales | 2.65 X | 11.42 X |
| Revenue | 2.88 B | 9.43 B |
| Gross Profit | 278.59 M | 27.38 B |
| EBITDA | 360.71 M | 3.9 B |
| Net Income | 296.18 M | 570.98 M |
| Cash And Equivalents | 401 K | 2.7 B |
| Cash Per Share | 13.66 X | 5.01 X |
| Total Debt | 4.99 M | 5.32 B |
| Debt To Equity | 0.02 % | 48.70 % |
| Current Ratio | 2.95 X | 2.16 X |
| Book Value Per Share | 50.36 X | 1.93 K |
| Cash Flow From Operations | 413.15 M | 971.22 M |
| Short Ratio | 2.58 X | 4.00 X |
| Earnings Per Share | 8.45 X | 3.12 X |
| Price To Earnings To Growth | 1.19 X | 4.89 X |
| Target Price | 269.33 | |
| Number Of Employees | 14.21 K | 18.84 K |
| Beta | 0.95 | -0.15 |
| Market Capitalization | 7.96 B | 19.03 B |
| Total Asset | 2.34 B | 29.47 B |
| Retained Earnings | 1.76 B | 9.33 B |
| Working Capital | 1.45 B | 1.48 B |
Note: Acquisition by David Mitchell of 895 shares of Fabrinet subject to Rule 16b-3 [view details]
Fabrinet Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fabrinet . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 6180.81 | |||
| Daily Balance Of Power | (0.81) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 218.54 | |||
| Day Typical Price | 218.85 | |||
| Price Action Indicator | (1.41) | |||
| Period Momentum Indicator | (4.68) |
About Fabrinet Buy or Sell Advice
When is the right time to buy or sell Fabrinet? Buying financial instruments such as Fabrinet Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Fabrinet in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Outsourcing Thematic Idea Now
Outsourcing
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Outsourcing Theme or any other thematic opportunities.
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Check out Fabrinet Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.