Analysts have raised their price target for Fabrinet from $332.75 to $352.88. They cite stronger revenue growth expectations, even though there is a slight decline in projected profit margins.
What's in the News
- Fabrinet completed the repurchase of 3,874,078 shares, representing 10.53% of its outstanding shares, for a total of $360.02 million under its buyback plan announced in August 2017. (Key Developments)
- Between March 29, 2025 and June 27, 2025, the company bought back 107,945 shares for $22.26 million, amounting to 0.3% of its total shares. (Key Developments)
- Fabrinet issued guidance for its first fiscal quarter ending September 26, 2025, projecting revenue between $910 million and $950 million, and GAAP net income per diluted share between $2.48 and $2.63, based on approximately 36.1 million fully diluted shares outstanding. (Key Developments)
Valuation Changes
- Consensus Analyst Price Target has risen from $332.75 to $352.88.
- Discount Rate has increased slightly from 8.21% to 8.22%.
- Revenue Growth expectations have improved, moving from 16.30% to 16.89%.
- Net Profit Margin has declined modestly, shifting from 9.99% to 9.84%.
- Future P/E ratio has increased from 26.68x to 28.30x.
Disclaimer
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