Fabrinet (NYSE: FN): Fabricating a Sturdy Foundation for Investors!

Thread through the market tapestry with Fabrinet! Explore its notable achievements in our latest post. #StockMarket #NYSEFN

WEALTH WORKSHOP

7/22/20231 min read

Hello, stock enthusiasts! Today we're threading our way through Fabrinet (NYSE: FN), a company that's stitching together a series of notable achievements in the stock market.

With a formidable growth in Earnings Per Share (EPS) of 29% in the last quarter, Fabrinet is not just any old thread in the tapestry of the stock market. This company's strong performance continues with an average EPS growth of 30.6% over the past three quarters.

In terms of sales, Fabrinet's performance is no patchwork - it boasts an 18% increase in the last quarter, with a three-year growth rate of the same magnitude. The company also operates with an impressive pre-tax margin of 10.4% and an annual Return on Equity (ROE) of 19.4%.

Fabrinet's stock price stands at a stylish $130.96, just 7% shy of its 52-week high, and trades 16% above its 50-day moving average. With a solid market cap of $4.8 billion, this company has definitely secured its place on the market runway.

However, don't get tied up in knots! Keep an eye on institutional interest, as the number of funds owning the stock has decreased slightly. As always, remember to balance this analysis with your own research before stitching any investment plans together.