Technology sector company Fabrinet posted a -1.6% performance today, while the S&P 500 returned -0.1%.
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company is based in Grand Cayman and has 14,235 full time employees. Its market capitalization is $4,754,179,839.
5 analysts are following Fabrinet and have set target prices ranging from $102 to $142 per share. On average, they have given the company a rating of buy. At today's prices, FN is trading 2.07% away from its average analyst target price of $127.3 per share.
Over the last year, FN's share price has increased by 31.0%, which represents a difference of None% when compared to the S&P 500. The stock's 52 week high is $140.18 per share whereas its 52 week low is $74.57. The company has healthy top line and earnings growth, along with reasonable leverage levels. However the clear pattern of declining free cash flow may worry some investors.
| 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | |
|---|---|---|---|---|
| Revenue (MM) | $1,584 | $1,642 | $1,879 | $2,262 |
| Revenue Growth | n/a | 3.63% | 14.47% | 20.37% |
| Gross Margins | 11.3% | 11.3% | 11.8% | 12.3% |
| Gross Margins Growth | n/a | 0.0% | 4.42% | 4.24% |
| Operating Margins | 7.8% | 7.2% | 8.0% | 9.0% |
| Operating Margins Growth | n/a | -7.69% | 11.11% | 12.5% |
| Earnings Per Share | $3.23 | $3.01 | $3.95 | $5.36 |
| EPS Growth | n/a | -6.81% | 31.23% | 35.7% |
| Free Cash Flow (MM) | $128 | $107 | $74 | $34 |
| FCF Growth | n/a | -16.58% | -30.77% | -54.62% |
| Capital Expenditures (MM) | -$19 | -$44 | -$44 | -$91 |
| Net Debt / EBITDA | -0.74 | -1.09 | -1.39 | -0.69 |
