Fabrinet (NYSE:FN - Get Free Report) issued an update on its second quarter 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.440-2.520 for the period, compared to the consensus earnings per share estimate of 2.440. The company issued revenue guidance of $800.0 million-$820.0 million, compared to the consensus revenue estimate of $793.5 million. Fabrinet also updated its Q2 guidance to $2.44-$2.52 EPS.
Fabrinet Price Performance
Shares of NYSE FN traded down $2.92 during trading hours on Monday, hitting $239.61. 771,853 shares of the stock were exchanged, compared to its average volume of 481,530. Fabrinet has a one year low of $157.55 and a one year high of $278.38. The company's 50 day moving average is $239.06 and its 200 day moving average is $230.70. The firm has a market capitalization of $8.69 billion, a P/E ratio of 29.94 and a beta of 0.95.
Fabrinet (NYSE:FN - Get Free Report) last posted its quarterly earnings data on Monday, August 19th. The technology company reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.06 by $0.35. Fabrinet had a return on equity of 18.10% and a net margin of 10.27%. The company had revenue of $753.26 million during the quarter, compared to analysts' expectations of $732.63 million. During the same period in the prior year, the business earned $1.68 earnings per share. Fabrinet's revenue for the quarter was up 14.8% compared to the same quarter last year. Research analysts anticipate that Fabrinet will post 9.11 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have recently commented on FN shares. JPMorgan Chase & Co. increased their price target on shares of Fabrinet from $240.00 to $285.00 and gave the company a "neutral" rating in a research note on Tuesday, August 20th. Needham & Company LLC increased their price objective on Fabrinet from $270.00 to $280.00 and gave the company a "buy" rating in a research report on Tuesday, August 20th. Rosenblatt Securities boosted their target price on Fabrinet from $260.00 to $280.00 and gave the stock a "buy" rating in a research report on Tuesday, August 20th. Finally, B. Riley upped their price target on Fabrinet from $171.00 to $196.00 and gave the company a "neutral" rating in a research note on Tuesday, August 20th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Fabrinet presently has a consensus rating of "Moderate Buy" and an average price target of $248.50.
View Our Latest Stock Report on FN
Insider Buying and Selling
In related news, CFO Csaba Sverha sold 100 shares of Fabrinet stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $270.00, for a total transaction of $27,000.00. Following the transaction, the chief financial officer now owns 19,347 shares of the company's stock, valued at $5,223,690. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Fabrinet news, CFO Csaba Sverha sold 100 shares of the stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $270.00, for a total value of $27,000.00. Following the completion of the sale, the chief financial officer now directly owns 19,347 shares in the company, valued at $5,223,690. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Edward T. Archer sold 8,690 shares of Fabrinet stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $220.26, for a total value of $1,914,059.40. Following the transaction, the executive vice president now owns 8,333 shares in the company, valued at $1,835,426.58. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 44,728 shares of company stock valued at $11,645,062 over the last three months. Company insiders own 0.38% of the company's stock.
About Fabrinet
(
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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.
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