Formula Systems (1985) (NASDAQ:FORTY) Shares Gap Up – Here’s What Happened

26 Dec 2025, 15:26 by Kim Johansen · The Markets Daily

Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $178.10, but opened at $190.56. Formula Systems (1985) shares last traded at $171.15, with a volume of 135 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Formula Systems (1985) in a research note on Monday. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Formula Systems (1985) currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Formula Systems (1985)

Formula Systems (1985) Stock Performance

The firm has a market cap of $2.62 billion, a P/E ratio of 37.70 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. The firm has a fifty day moving average of $158.89 and a 200-day moving average of $138.57.

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

Formula Systems (1985) Cuts Dividend

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

Hedge Funds Weigh In On Formula Systems (1985)

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Elevation Point Wealth Partners LLC acquired a new position in shares of Formula Systems (1985) during the 2nd quarter worth about $222,000. Raymond James Financial Inc. bought a new stake in Formula Systems (1985) in the second quarter valued at approximately $73,000. CX Institutional acquired a new stake in Formula Systems (1985) in the third quarter worth $398,000. Finally, GHP Investment Advisors Inc. grew its holdings in shares of 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 valued at $1,082,000 after buying an additional 755 shares during the period. Institutional investors own 34.76% of the company’s stock.

About Formula Systems (1985)

(Get Free Report)

Formula Systems (1985) Ltd is an Israeli publicly traded holding company specializing in the software and information technology sectors. Founded in 1985 and listed on NASDAQ under the ticker FORTY, the company focuses on acquiring, investing in and developing independent software firms. Its core mission is to foster innovation in enterprise software, cybersecurity and digital transformation solutions.