FormFactor (FORM) Expected to Announce Quarterly Earnings on Wednesday

FormFactor (NASDAQ:FORM - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $170.03 million for the quarter. FormFactor has set its Q1 2025 guidance at 0.030-0.110 EPS.

FormFactor (NASDAQ:FORM - Get Free Report) last posted 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 return on equity of 5.93% and a net margin of 9.12%. On average, analysts expect FormFactor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

FormFactor Stock Performance

NASDAQ:FORM opened at $25.54 on Wednesday. The firm has a 50 day moving average of $30.47 and a 200-day moving average of $38.22. The company has a current ratio of 4.61, a quick ratio of 3.83 and a debt-to-equity ratio of 0.01. FormFactor has a 1 year low of $22.58 and a 1 year high of $63.63. The stock has a market capitalization of $1.98 billion, a P/E ratio of 28.70 and a beta of 1.15.

Insider Transactions at FormFactor

In other news, CEO Mike Slessor sold 4,000 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $38.98, for a total value of $155,920.00. Following the completion of the transaction, the chief executive officer now owns 518,531 shares of the company's stock, valued at $20,212,338.38. The trade was a 0.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.96% of the company's stock.

Wall Street Analysts Forecast Growth

FORM has been the topic of several research reports. Needham & Company LLC reiterated a "hold" rating on shares of FormFactor in a research report on Thursday, February 6th. Citigroup raised shares of FormFactor from a "neutral" rating to a "buy" rating and raised their price target for the company from $44.00 to $51.00 in a report on Monday, January 6th. Stifel Nicolaus reduced 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. Evercore ISI lowered their target price on FormFactor from $50.00 to $43.00 and set an "in-line" rating for the company in a research note on Thursday, February 6th. Finally, B. Riley cut FormFactor from a "buy" rating to a "neutral" rating and decreased their price target for the company from $64.00 to $34.00 in a report on Thursday, February 6th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $48.50.

About FormFactor

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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