FormFactor, Inc. (NASDAQ:FORM - Free Report) - Stock analysts at Zacks Research issued their FY2027 earnings per share estimates for shares of FormFactor in a research report issued on Wednesday, February 26th. Zacks Research analyst R. Department forecasts that the semiconductor company will earn $1.22 per share for the year. The consensus estimate for FormFactor's current full-year earnings is $0.90 per share.
FormFactor (NASDAQ:FORM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.14). FormFactor had a return on equity of 5.93% and a net margin of 9.12%.
A number of other analysts have also recently issued reports on FORM. Evercore ISI reduced their target price on shares of FormFactor from $50.00 to $43.00 and set an "in-line" rating for the company in a research note on Thursday, February 6th. Needham & Company LLC reiterated a "hold" rating on shares of FormFactor in a report on Thursday, February 6th. B. Riley downgraded shares of FormFactor from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $64.00 to $34.00 in a research report on Thursday, February 6th. Citigroup raised FormFactor from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $44.00 to $51.00 in a research report on Monday, January 6th. Finally, Stifel Nicolaus lowered their price objective on FormFactor from $48.00 to $42.00 and set a "hold" rating on the stock in a report on Thursday, February 6th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $48.50.
Get Our Latest Analysis on FORM
FormFactor Stock Up 0.3 %
Shares of FormFactor stock traded up $0.10 during trading on Friday, hitting $31.56. 1,041,167 shares of the stock traded hands, compared to its average volume of 902,814. The company has a fifty day moving average price of $40.49 and a two-hundred day moving average price of $42.67. FormFactor has a twelve month low of $30.97 and a twelve month high of $63.63. The stock has a market cap of $2.45 billion, a P/E ratio of 35.46 and a beta of 1.07. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.83 and a current ratio of 4.61.
Institutional Investors Weigh In On FormFactor
Hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio acquired a new position in FormFactor in the 4th quarter valued at approximately $27,000. Advisors Asset Management Inc. raised its stake in shares of FormFactor by 99.4% in the third quarter. Advisors Asset Management Inc. now owns 620 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 309 shares in the last quarter. Quarry LP raised its stake in shares of FormFactor by 131.7% in the third quarter. Quarry LP now owns 920 shares of the semiconductor company's stock valued at $42,000 after purchasing an additional 523 shares in the last quarter. Pinpoint Asset Management Ltd bought a new position in FormFactor in the fourth quarter worth $43,000. Finally, Manchester Capital Management LLC boosted its stake in FormFactor by 63.8% during the fourth quarter. Manchester Capital Management LLC now owns 1,130 shares of the semiconductor company's stock worth $50,000 after buying an additional 440 shares in the last quarter. Institutional investors own 98.76% of the company's stock.
Insider Transactions at FormFactor
In other news, CEO Mike Slessor sold 4,000 shares of the business's stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $44.44, for a total transaction of $177,760.00. Following the transaction, the chief executive officer now owns 522,531 shares in the company, valued at approximately $23,221,277.64. The trade was a 0.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.96% of the company's stock.
About FormFactor
(
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FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.
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