FORTY Company Profile and Key Details

Formula Systems (1985) Ltd. generated EPS of $4.56 over the past year. Five-year average earnings growth is 15.22%.

Formula Systems (1985) Ltd. has 15.33 million shares outstanding. This equals 124.00 shares. The short ratio is 0.21 days. Institutional investors hold 12.57% of the float. Insiders own 0.0%.

Formula Systems (1985) Ltd. (NASDAQ:FORTY) shares are up 95.48% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Formula Systems (1985) Ltd. trading at a premium to the broader market with a P/E of 57.76.

Short-term trend indicators are bearishly aligned (SMA20 12.47%, SMA50 22.79%, SMA200 67.5%). The stock’s 14-day RSI is 63.86 (firm momentum), while the ATR of 6.4 points to higher daily volatility. The stock remains sitting in the mid-range of its 52-week band, trading -5.19% below its high and over 117.84% above its low. Average 10-day trading volume of 176.00 shares is below the 3-month average of 335.28, indicating normal recent market interest.

Formula Systems (1985) Ltd. last paid a dividend of 1.41 per share, this equals a trailing yield of roughly 1.86%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $112.36. This means the shares are trading above this model’s fair value.

The stock is currently within 5% of its 52-week high $80.15 and $184.16. With a market capitalization of about $2.73 billion, Formula Systems (1985) Ltd. is classified as a mid-cap and shows lower-than-market volatility (beta ~0.42). Key stats such as the average daily volume over the past year has been around 261.00 shares, volume is running light vs its 52-week average. Headquartered in Or Yehuda, None, Formula Systems (1985) Ltd. operates in the Technology sector and the Information Technology Services industry. Led by CEO Guy Bernstein, the company employs approximately 21,900 people and listed since October 20, 1997. Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions worldwide.

Our AI price prediction model suggests that Formula Systems (1985) Ltd. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -68.54%, with price expected at $54.73 by November 24, 2023, within a range of $50.81 to $58.41

Formula Systems (1985) Ltd. trades at a P/E ratio of 57.76, slightly above the S&P 500 average, with a price-to-sales ratio of 0.93 and a price-to-book ratio of 5.33 trading at moderately above to book value. The P/FCF stands at 0.0, also below market averages.