FormFactor, Inc. (NASDAQ:FORM - Free Report) - Investment analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of FormFactor in a research note issued to investors on Thursday, February 6th. DA Davidson analyst T. Diffely anticipates that the semiconductor company will earn $0.09 per share for the quarter. The consensus estimate for FormFactor's current full-year earnings is $1.23 per share. DA Davidson also issued estimates for FormFactor's FY2025 earnings at $0.90 EPS and FY2026 earnings at $1.60 EPS.
FormFactor (NASDAQ:FORM - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.14). FormFactor had a net margin of 9.12% and a return on equity of 5.93%.
Other equities analysts have also recently issued research reports about the company. Stifel Nicolaus lowered their target price on FormFactor from $48.00 to $42.00 and set a "hold" rating for the company in a report on Thursday, February 6th. Needham & Company LLC reissued a "hold" rating on shares of FormFactor in a research report on Thursday, February 6th. B. Riley cut shares of FormFactor from a "buy" rating to a "neutral" rating and cut their price target for the company from $64.00 to $34.00 in a research note on Thursday, February 6th. Evercore ISI dropped their price target on FormFactor from $50.00 to $43.00 and set an "in-line" rating for the company in a report on Thursday, February 6th. Finally, Citigroup upgraded FormFactor from a "neutral" rating to a "buy" rating and upped their target price for the company from $44.00 to $51.00 in a research report on Monday, January 6th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $48.50.
Check Out Our Latest Report on FormFactor
FormFactor Stock Up 2.4 %
Shares of FormFactor stock traded up $0.85 on Monday, hitting $36.74. The company had a trading volume of 769,455 shares, compared to its average volume of 939,774. FormFactor has a twelve month low of $32.71 and a twelve month high of $63.63. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.61 and a quick ratio of 3.94. The stock has a 50-day moving average of $42.39 and a 200-day moving average of $43.61. The firm has a market capitalization of $2.85 billion, a P/E ratio of 41.28 and a beta of 1.07.
Insider Transactions at FormFactor
In other FormFactor news, CEO Mike Slessor sold 4,000 shares of the firm's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $44.44, for a total value of $177,760.00. Following the completion of the transaction, the chief executive officer now directly owns 522,531 shares of the company's stock, valued at $23,221,277.64. This trade represents a 0.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 12,000 shares of company stock worth $496,040 over the last quarter. Corporate insiders own 0.96% of the company's stock.
Institutional Trading of FormFactor
Hedge funds and other institutional investors have recently bought and sold shares of the company. Algert Global LLC boosted its position in shares of FormFactor by 134.4% during the third quarter. Algert Global LLC now owns 53,037 shares of the semiconductor company's stock valued at $2,440,000 after purchasing an additional 30,410 shares in the last quarter. FMR LLC boosted its stake in FormFactor by 1,255.5% in the 3rd quarter. FMR LLC now owns 116,426 shares of the semiconductor company's stock worth $5,356,000 after purchasing an additional 107,837 shares during the period. Citigroup Inc. lifted its position in shares of FormFactor by 59.4% in the third quarter. Citigroup Inc. now owns 105,797 shares of the semiconductor company's stock worth $4,867,000 after buying an additional 39,419 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in FormFactor by 14.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,870 shares of the semiconductor company's stock valued at $362,000 after purchasing an additional 972 shares during the last quarter. Finally, Intech Investment Management LLC purchased a new position in shares of FormFactor in the 3rd quarter worth approximately $818,000. Hedge funds and other institutional investors own 98.76% of the company's stock.
FormFactor Company Profile
(
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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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