Weekly Fabrinet (NYSE:FN) Ratings

June 29, 2018 - By Ronnie Lemelle

Big Money Sentiment increased to 0.96 in Q1 2018. It has change of 0.06, from 2017Q4’s 0.9. The ratio is positive due to Fabrinet positioning: 34 sold and 51 reduced. 29 funds bought positions and 53 increased positions. Investors holded 43.87 million in 2017Q4 but now own 36.25 million shares or 17.37% less.
Stoneridge Invest Partners Limited Com reported 10,480 shs. Regions Fincl stated it has 0% of its capital in Fabrinet (NYSE:FN). Tci Wealth Advsrs holds 587 shs or 0.01% of its capital. Nuveen Asset Management Llc reported 0.06% in Fabrinet (NYSE:FN). Hillcrest Asset Mgmt Limited Co holds 1.22% in Fabrinet (NYSE:FN) or 193,454 shs. State Street Corporation owns 940,957 shs or 0% of their US capital. The Georgia-based Voya Inv Mgmt Ltd has invested 0% in Fabrinet (NYSE:FN). Campbell Newman Asset Mngmt Inc holds 0.06% in Fabrinet (NYSE:FN) or 10,616 shs. Ariel Invests Ltd Liability reported 58,269 shs stake. Teacher Retirement Sys Of Texas holds 8,351 shs. Moreover, Panagora Asset Mgmt has 0.02% invested in Fabrinet (NYSE:FN). Anchor Cap Advisors Limited accumulated 48,736 shs. Marvin & Palmer Associate Incorporated invested in 595 shs or 0.02% of the stock. Foundry Prns Limited Com owns 12,645 shs or 0.02% of their US capital. Arizona State Retirement Sys holds 0.02% of its capital in Fabrinet (NYSE:FN) for 58,878 shs.

Fabrinet registered $15.93 million net activity with 0 insider buys and 14 selling transactions since January 8, 2018. Another trade for 27,188 shs valued at $1.00M was made by Ng Toh-Seng on Friday, May 25. Mitchell David T. also sold $1.20 million worth of Fabrinet (NYSE:FN) on Wednesday, May 2.

Fabrinet (NYSE:FN) Ratings Coverage

Total analysts of 5 have positions in Fabrinet (NYSE:FN) as follows: 4 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 80%. Since January 24, 2018 according to StockzIntelligence Inc Fabrinet has 7 analyst reports. On Tuesday, February 6 the firm has “Buy” rating given by Needham. On Tuesday, April 17 the firm earned “Buy” rating by Northland Capital. The company rating was maintained by FBR Capital on Tuesday, May 8. In Monday, January 29 report Northland Capital maintained the stock with “Buy” rating. On Wednesday, May 30 Northland Capital downgraded the shares of FN in report to “Hold” rating. On Monday, February 5 Piper Jaffray maintained the shares of FN in report with “Buy” rating. The stock rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, January 24. Listed here are Fabrinet (NYSE:FN) PTs and latest ratings.

30/05/2018 Broker: Northland Capital Rating: Hold Downgrade
08/05/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $38 New Target: $40 Maintain
17/04/2018 Broker: Northland Capital Rating: Buy New Target: $35.0000 Maintain
06/02/2018 Broker: Needham Rating: Buy New Target: $40.0 Maintain
05/02/2018 Broker: Piper Jaffray Rating: Buy New Target: $42.0 Maintain
29/01/2018 Broker: Northland Capital Rating: Buy New Target: $37.0 Maintain
24/01/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $40 New Target: $35 Maintain

FN hit $37.05 during the last trading session after $0.83 change.Fabrinet has volume of 91,511 shares. Since June 29, 2017 FN has declined 0.57% and is downtrending. The stock underperformed the S&P500 by 13.14%.

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, medical devices, and sensors.The firm is worth $1.37 billion. It offers a range of optical and electro-mechanical capabilities across the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, packaging, integration, final assembly, and test.15.91 is the P/E ratio. The companyÂ’s products comprise switching products, such as 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 and speeds, and over various distances; tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as for Infiniband, Ethernet, fiber channel, and optical backplane connectivity.

Fabrinet (NYSE:FN) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.