Weekly Fabrinet (NYSE:FN) Ratings

June 29, 2018 - By Alice Fox

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.
Deutsche Bankshares Ag stated it has 0.01% of its capital in Fabrinet (NYSE:FN). Natixis Advisors L P reported 0.04% of its capital in Fabrinet (NYSE:FN). Alliancebernstein Ltd Partnership reported 0% in Fabrinet (NYSE:FN). Frontier Mngmt Llc holds 0.06% or 264,430 shs in its capital. Northpointe Capital Ltd Liability Company reported 0.37% stake. Guggenheim Cap Ltd, a Illinois-based fund reported 142,054 shs. Pinebridge L P has 0.05% invested in Fabrinet (NYSE:FN). Bank Of America De holds 0% of its capital in Fabrinet (NYSE:FN) for 262,185 shs. The Nebraska-based Ameritas Invest Prtnrs Inc has invested 0% in Fabrinet (NYSE:FN). Wells Fargo Co Mn reported 0% of its capital in Fabrinet (NYSE:FN). First Interstate Retail Bank reported 329 shs. Amundi Pioneer Asset Mgmt holds 0% in Fabrinet (NYSE:FN) or 60,400 shs. Tiaa Cref Inv Mgmt Limited owns 262,694 shs for 0.01% of their capital. California Pub Employees Retirement Sys accumulated 132,678 shs. 331,353 are owned by Brandes Invest Partners Limited Partnership.

Fabrinet registered $15.93 million net activity with 0 insider purchases and 14 insider sales since January 8, 2018. $938,215 worth of Fabrinet (NYSE:FN) shs were sold by Mitchell David T.. Ng Toh-Seng also sold $1.00M worth of Fabrinet (NYSE:FN) shs.

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. The company rating was maintained by FBR Capital on Tuesday, May 8. On Tuesday, February 6 the stock of Fabrinet (NYSE:FN) earned “Buy” rating by Needham. On Wednesday, January 24 the stock has “Buy” rating by Stifel Nicolaus. On Monday, January 29 the rating was maintained by Northland Capital with “Buy”. On Tuesday, April 17 the rating was maintained by Northland Capital with “Buy”. In Monday, February 5 report Piper Jaffray maintained it with “Buy” rating and $42.0 target. On Wednesday, May 30 Northland Capital downgraded the shares of FN in report to “Hold” rating. 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 is hitting $37.05 during the last trading session, after increased 2.29%.Currently Fabrinet is downtrending after 0.57% change in last June 29, 2017. FN has 91,511 shares volume. FN underperformed the S&P 500 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 company has $1.37 billion market cap. 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.The P/E ratio is 15.91. 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.