Formula Systems 1985 Stock Today
| FORTY Stock | USD 80.20 2.53 3.06% |
Performance6 of 100
| Odds Of DistressLess than 9
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Formula Systems is trading at 80.20 as of the 21st of November 2024; that is 3.06% down since the beginning of the trading day. The stock's open price was 82.73. Formula Systems has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Formula Systems 1985 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 21st of October 1997 | Category Technology | Classification Information Technology |
Formula Systems 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. Formula Systems Ltd. The company has 15.33 M outstanding shares of which 1.74 K shares are currently shorted by private and institutional investors with about 3.91 days to cover all short positions. More on Formula Systems 1985
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ESG Sustainability
Environmental | Governance | Social |
| Chief Executive officer | Guy Bernstein | ||||
| Thematic Idea | Israel Wall Street (View all Themes) | ||||
| Business Concentration | IT Consulting & Other Services, Information Technology Services, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Israel Wall Street, Information Technology, IT Services, Information Technology Services, Technology (View all Sectors) | ||||
Debt LevelsFormula Systems can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Formula Systems' financial leverage. It provides some insight into what part of Formula Systems' total assets is financed by creditors.
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Formula Systems 1985 (FORTY) is traded on NASDAQ Exchange in USA. It is located in Terminal Center, Or Yehuda, Israel, 6037501 and employs 21,900 people. Formula Systems is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.27 B. Formula Systems 1985 classifies itself under IT Services sector and is part of Information Technology industry. The entity has 15.33 M outstanding shares of which 1.74 K shares are currently shorted by private and institutional investors with about 3.91 days to cover all short positions.
Formula Systems 1985 has accumulated about 451.47 M in cash with 294.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 29.52.
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Ownership AllocationFormula Systems holds a total of 15.33 Million outstanding shares. Roughly 87.33 percent of Formula Systems outstanding shares are held by general public with 12.67 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Formula Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Fmr Inc | 2024-09-30 | 0.0 | |
| Ronald Blue Trust, Inc. | 2024-09-30 | 0.0 | |
| Private Trust Co Na | 2024-06-30 | 0.0 | |
| Clal Insurance Enterprises Holdings Ltd | 2024-09-30 | 824.7 K | |
| Tfg Advisers Llc | 2024-09-30 | 7.4 K | |
| Ghp Investment Advisors, Inc. | 2024-09-30 | 7 K | |
| Altshuler Shaham Ltd | 2024-06-30 | 6.7 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 5.8 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 4 K | |
| Bank Of America Corp | 2024-06-30 | 1000 | |
| Blackrock Inc | 2024-06-30 | 680 |
Formula Systems Historical Income Statement
Formula Stock Against Markets
Formula Systems Corporate Management
| Maya SolomonElla | Chief Officer | Profile | |
| Guy CPA | Chief Officer | Profile | |
| Tammy Koll | Chief Officer | Profile | |
| Asaf CPA | Chief Officer | Profile | |
| Asaf Berenstin | Chief Officer | Profile |
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