<div id="readability-page-1"><p>Formula Systems (1985) (NASDAQ:FORTY - Get Free Report) issued its quarterly earnings data on Thursday. The technology company reported $0.73 earnings per share (EPS) for the quarter, Zacks reports. Formula Systems (1985) had a return on equity of 5.58% and a net margin of 2.70%.</p><div><p><span></span><span>Get <strong>Formula Systems (1985)</strong> alerts:</span></p></div><h2>Formula Systems (1985) Stock Down 5.2%</h2><p>Shares of NASDAQ:FORTY traded down $8.20 during midday trading on Thursday, reaching $150.30. The company had a trading volume of 853 shares, compared to its average volume of 848. The stock has a market cap of $2.30 billion, a PE ratio of 30.24 and a beta of 0.94. The company has a quick ratio of 1.17, a current ratio of 1.21 and a debt-to-equity ratio of 0.17. The business's 50 day moving average price is $144.72 and its 200 day moving average price is $126.70. Formula Systems has a 1-year low of $80.15 and a 1-year high of $169.03. </p><h2>Hedge Funds Weigh In On Formula Systems (1985)</h2><p>An institutional investor recently bought a new position in Formula Systems (1985) stock. Raymond James Financial Inc. acquired a new stake in shares of  Formula Systems (1985) Ltd. (NASDAQ:FORTY - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 568 shares of the technology company's stock, valued at approximately $73,000. 34.76% of the stock is owned by institutional investors and hedge funds. </p><h2>Wall Street Analyst Weigh In</h2><p>Separately, Weiss Ratings  reissued a &#34;hold (c-)&#34; rating on shares of Formula Systems (1985) in a research note on Tuesday, November 11th. One research analyst  has rated the stock with a Hold rating,  Based on data from MarketBeat.com, the stock  has a consensus rating of &#34;Hold&#34;.</p><p><b>Check Out Our Latest Stock Analysis on Formula Systems (1985)</b></p><h2>About Formula Systems (1985)</h2> (Get Free Report)<p>Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration worldwide. The company offers computer and telecommunication infrastructure solutions; and sells and markets computers and peripheral equipment, and cloud based solutions and services relating to databases and big data.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Formula Systems (1985)</li><li>The Basics of Support and  Resistance</li><li>NVIDIA Just Proved the AI Boom Is Bigger Than Anyone Thought</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>Why Target Stock May Keep Falling Despite a 5% Dividend Yield </li><li>How to Plot Fibonacci Price Inflection Levels </li><li>Is Tesla Setting Up for a Year-End Rebound—or a Collapse?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Rk9SVFk?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Rk9SVFk"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Formula Systems (1985) Right Now?</h2><p>Before you consider Formula Systems (1985), you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Formula Systems (1985) wasn't on the list.</p><p>While Formula Systems (1985) currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FORTY

<p>Formula Systems (1985) reported quarterly earnings with $0.73 EPS, a net margin of 2.70%, and a return on equity of 5.58%. The stock fell 5.2% to $150.30. Raymond James Financial Inc. acquired 568 shares. Weiss Ratings issued a 'hold' rating. The company provides software solutions and IT services globally.</p>

Formula Systems (1985) (NASDAQ:FORTY) Posts Quarterly Earnings Results