FormFactor (NASDAQ:FORM) Releases Q1 2025 Earnings Guidance

FormFactor (NASDAQ:FORM - Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.030-0.110 for the period, compared to the consensus EPS estimate of 0.330. The company issued revenue guidance of $165.0 million-$175.0 million, compared to the consensus revenue estimate of $192.9 million.

FormFactor Stock Performance

FormFactor stock traded down $2.49 during mid-day trading on Friday, reaching $35.84. 1,448,182 shares of the stock traded hands, compared to its average volume of 891,268. The stock has a market capitalization of $2.78 billion, a PE ratio of 40.27 and a beta of 1.07. 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 business's 50-day moving average is $42.89 and its 200-day moving average is $43.94. FormFactor has a 12-month low of $32.71 and a 12-month high of $63.63.

FormFactor (NASDAQ:FORM - Get Free Report) last issued 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%. As a group, sell-side analysts predict that FormFactor will post 1.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Evercore ISI cut their price objective on shares of FormFactor from $50.00 to $43.00 and set an "in-line" rating for the company in a research report on Thursday. Needham & Company LLC reissued a "hold" rating on shares of FormFactor in a report on Thursday. Stifel Nicolaus decreased their price objective on FormFactor from $48.00 to $42.00 and set a "hold" rating on the stock in a research note on Thursday. B. Riley downgraded FormFactor from a "buy" rating to a "neutral" rating and cut their price objective for the company from $64.00 to $34.00 in a research note on Thursday. Finally, Citigroup raised shares of FormFactor from a "neutral" rating to a "buy" rating and increased their target price for the stock from $44.00 to $51.00 in a report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, FormFactor currently has an average rating of "Hold" and a consensus target price of $48.50.

Insider Buying and Selling

In related news, CEO Mike Slessor sold 4,000 shares of the company's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $38.98, for a total transaction of $155,920.00. Following the completion of the transaction, the chief executive officer now owns 518,531 shares in the company, valued at approximately $20,212,338.38. This represents a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 12,000 shares of company stock worth $496,040. 0.96% of the stock is owned by corporate insiders.

FormFactor Company Profile

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.