Needham Maintains Buy on Fabrinet, Raises Price Target to $135
Needham analyst Alex Henderson maintains Fabrinet (NYSE:FN) with a Buy and raises the price target from $130 to $135.
Walmart, Home Depot And 3 Stocks To Watch Heading Into Tuesday
With US stock futures trading slightly lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
Fear & Greed Index Inches Northwards Amid Sharp Rise In US Stocks
The CNN Money Fear and Greed index is slowly inching toward the "greed" zone, but still remained in the "neutral" zone on Monday following a sharp rise in the US stocks on Friday.
Earnings Scheduled For August 15, 2022
Companies Reporting Before The Bell
• Edible Garden (NASDAQ:EDBL) is likely to report earnings for its second quarter.
Ethereum Moves Lower But Remains Above 1,900; Here Are The Top Crypto Movers For Monday
Bitcoin (CRYPTO: BTC), the world’s most valuable cryptocurrency, edged higher, surpassing the $24,600 mark on Monday.
A Preview Of Fabrinet’s Earnings
Fabrinet (NYSE:FN) is set to give its latest quarterly earnings report on Monday, 2022-08-15. Here's what investors need to know before the announcement.
Analysts estimate that Fabrinet will report an earnings per share (EPS) of $1.54.
Looking Into Fabrinet’s Return On Invested Capital
Pulled from Benzinga Pro data, Fabrinet (NYSE:FN) posted Q3 earnings of $50.66 million, an increase from Q2 of 3.65%. Sales dropped to $564.39 million, a 0.39% decrease between quarters.
80 Biggest Movers From Yesterday
Gainers
Blue Water Vaccines, Inc. (NASDAQ: BWV) shares jumped 93.1% to close at $6.45 on Tuesday on above-average volume.