Formula Systems (1985) (NASDAQ:FORTY) Sets New 1-Year High – Here’s Why

11 Dec 2025, 09:55 by Danessa Lincoln · The Markets Daily

Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as $175.00 and last traded at $170.3750, with a volume of 836 shares. The stock had previously closed at $168.90.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Formula Systems (1985) in a research report on Monday. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Formula Systems (1985) presently has an average rating of “Hold”.

Read Our Latest Report on FORTY

Formula Systems (1985) Stock Up 0.9%

The firm’s fifty day simple moving average is $151.44 and its 200-day simple moving average is $133.21. The company has a market cap of $2.61 billion, a PE ratio of 37.53 and a beta of 1.07. The company has a quick ratio of 1.58, a current ratio of 1.60 and a debt-to-equity ratio of 0.15.

Formula Systems (1985) (NASDAQ:FORTY – Get Free Report) last issued its quarterly earnings data on Thursday, November 20th. The technology company reported $0.73 earnings per share (EPS) for the quarter. The firm had revenue of $696.64 million during the quarter. Formula Systems (1985) had a return on equity of 4.55% and a net margin of 2.49%.

Formula Systems (1985) Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Tuesday, December 30th will be given a $0.5021 dividend. This represents a $2.01 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, December 30th. Formula Systems (1985)’s dividend payout ratio is currently 32.60%.

Institutional Trading of Formula Systems (1985)

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FORTY. CX Institutional acquired a new position in shares of Formula Systems (1985) in the third quarter valued at approximately $398,000. Elevation Point Wealth Partners LLC purchased a new stake in Formula Systems (1985) in the 2nd quarter worth approximately $222,000. GHP Investment Advisors Inc. grew its stake in Formula Systems (1985) by 10.8% in the 3rd quarter. GHP Investment Advisors Inc. now owns 7,716 shares of the technology company’s stock worth $1,082,000 after acquiring an additional 755 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Formula Systems (1985) in the 2nd quarter valued at $73,000. Hedge funds and other institutional investors own 34.76% of the company’s stock.

Formula Systems (1985) Company Profile

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