Fabrinet (NYSE:FN – Get Free Report) updated its second quarter 2025 earnings guidance on Monday. The company provided EPS guidance of 2.440-2.520 for the period, compared to the consensus EPS 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.
Analyst Ratings Changes
FN has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Fabrinet from $240.00 to $285.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 20th. B. Riley cut their target price on Fabrinet from $196.00 to $194.00 and set a “neutral” rating on the stock in a research report on Tuesday. Needham & Company LLC assumed coverage on Fabrinet in a research note on Tuesday. They issued a “buy” rating and a $280.00 price target on the stock. Finally, Rosenblatt Securities increased their target price on shares of Fabrinet from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Tuesday, August 20th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Fabrinet has a consensus rating of “Moderate Buy” and an average price target of $248.17.
Fabrinet Trading Down 4.0 %
Fabrinet (NYSE:FN – Get Free Report) last issued 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 business had revenue of $753.26 million for the quarter, compared to analysts’ expectations of $732.63 million. During the same period last year, the business earned $1.68 EPS. The business’s revenue was up 14.8% on a year-over-year basis. As a group, equities analysts anticipate that Fabrinet will post 9.11 EPS for the current fiscal year.
Insiders Place Their Bets
In other Fabrinet news, CFO Csaba Sverha sold 100 shares of the company’s stock in a transaction on 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 transaction, the chief financial officer now owns 19,347 shares in the company, valued at $5,223,690. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Csaba Sverha sold 100 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $270.00, for a total value of $27,000.00. Following the transaction, the chief financial officer now owns 19,347 shares in the company, valued at approximately $5,223,690. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Edward T. Archer sold 8,690 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $220.26, for a total value of $1,914,059.40. Following the completion of the sale, the executive vice president now directly owns 8,333 shares of the company’s stock, valued at $1,835,426.58. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 44,728 shares of company stock valued at $11,645,062. Corporate insiders own 0.38% of the company’s stock.
Fabrinet Company Profile
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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