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Formula Systems 1985 Ltd

FORTY
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139.780USD
-3.355-2.34%
Close 05/15, 16:00ETQuotes delayed by 15 min
2.14BMarket Cap
58.49P/E TTM

Formula Systems 1985 Ltd

139.780
-3.355-2.34%
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Intraday
1m
30m
1h
D
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M
D

Today

-2.34%

5 Days

-5.17%

1 Month

+5.10%

6 Months

-12.64%

Year to Date

-20.36%

1 Year

+37.27%

Key Insights

Formula Systems 1985 Ltd's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 236 out of 468 in the Software & IT Services industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Formula Systems 1985 Ltd's Score

Industry at a Glance

Industry Ranking
236 / 468
Overall Ranking
413 / 4482
Industry
Software & IT Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Formula Systems 1985 Ltd Highlights

StrengthsRisks
Formula Systems (1985) Ltd. (Formula) is a global information technology (IT) solutions and services holding company. The Company, through its directly held subsidiary and affiliated companies, is engaged in providing software solutions and services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration. The Company operates through two segments: software services and IT professional services. The software services segment develops markets, sells and supports an application platform, software applications, business and process integration solutions, and related services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 2.63B.
Overvalued
The company’s latest PE is 58.49, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 1.93M shares, decreasing 1.30% quarter-over-quarter.

Analyst Rating

Based on 0 analysts
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Current Rating
--
Target Price
--
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Formula Systems 1985 Ltd News

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Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Formula Systems 1985 Ltd Info

Formula Systems (1985) Ltd. (Formula) is a global information technology (IT) solutions and services holding company. The Company, through its directly held subsidiary and affiliated companies, is engaged in providing software solutions and services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration. The Company operates through two segments: software services and IT professional services. The software services segment develops markets, sells and supports an application platform, software applications, business and process integration solutions, and related services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services.
Ticker SymbolFORTY
CompanyFormula Systems 1985 Ltd
CEOBernstein (Guy)
Websitehttps://www.formulasystems.com/
KeyAI