Fabrinet which can be found using ticker (FN) now have 4 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 158 and 115 and has a mean target at $137.00. Given that the stocks previous close was at $98.25 this now indicates there is a potential upside of 39.4%. It’s also worth noting that there is a 50 day moving average of $115.86 and the 200 day MA is $112.63. The company has a market cap of $3,549m. Visit the company website at: https://www.fabrinet.com
The potential market cap would be $4,949m based on the market consensus.
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including 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, speeds, and over various distances. The company’s products also comprise tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in George Town, the Cayman Islands.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 15.46, revenue per share of 67.51 and a 8.01% return on assets.
