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NASDAQ:FORM

FormFactor (FORM) Stock Price, News & Analysis

FormFactor logo
$37.98
-5.83 (-13.31%)
(As of 10/31/2024 ET)

About FormFactor Stock (NASDAQ:FORM)

Key Stats

Today's Range
$37.64
$41.14
50-Day Range
$41.28
$51.41
52-Week Range
$32.16
$63.63
Volume
2.22 million shs
Average Volume
575,701 shs
Market Capitalization
$2.93 billion
P/E Ratio
24.35
Dividend Yield
N/A
Price Target
$59.63
Consensus Rating
Moderate Buy

Company Overview

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. It operates in two segments, Probe Cards and Systems. The company offers probe cards to test various semiconductor device types, including systems on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices, as well as computer processor devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies. It also provides probe systems for semiconductor design engineers to capture and analyze accurate data; surface metrology systems for the development, production, and quality control of semiconductor products; thermal subsystems, such as thermal chucks and other test systems used in probe stations and other applications; and precision cryogenic instruments, semiconductor tests, and measurement systems. In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services. It markets and sells its products through direct sales force, manufacturers' representatives, and distributors. The company was incorporated in 1993 and is headquartered in Livermore, California.

FormFactor Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
91st Percentile Overall Score

FORM MarketRank™: 

FormFactor scored higher than 91% of companies evaluated by MarketBeat, and ranked 106th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    FormFactor has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    FormFactor has only been the subject of 2 research reports in the past 90 days.

  • Read more about FormFactor's stock forecast and price target.
  • Earnings Growth

    Earnings for FormFactor are expected to grow by 74.32% in the coming year, from $0.74 to $1.29 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of FormFactor is 24.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of FormFactor is 24.35, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 271.14.

  • Price to Book Value per Share Ratio

    FormFactor has a P/B Ratio of 3.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about FormFactor's valuation and earnings.
  • Percentage of Shares Shorted

    2.36% of the float of FormFactor has been sold short.
  • Short Interest Ratio / Days to Cover

    FormFactor has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in FormFactor has recently decreased by 12.98%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    FormFactor does not currently pay a dividend.

  • Dividend Growth

    FormFactor does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.36% of the float of FormFactor has been sold short.
  • Short Interest Ratio / Days to Cover

    FormFactor has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in FormFactor has recently decreased by 12.98%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    FormFactor has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 22 news articles for FormFactor this week, compared to 5 articles on an average week.
  • Search Interest

    7 people have searched for FORM on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added FormFactor to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, FormFactor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $854,014.00 in company stock.

  • Percentage Held by Insiders

    Only 0.96% of the stock of FormFactor is held by insiders.

  • Percentage Held by Institutions

    98.76% of the stock of FormFactor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about FormFactor's insider trading history.
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FORM Stock News Headlines

Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
FormFactor, Inc. (FORM) Q3 2024 Earnings Call Transcript
FormFactor Achieves Record Revenue Amid DRAM Demand Surge
FormFactor price target lowered to $44 from $60 at TD Cowen
See More Headlines

FORM Stock Analysis - Frequently Asked Questions

FormFactor's stock was trading at $41.71 at the beginning of the year. Since then, FORM stock has decreased by 8.9% and is now trading at $37.98.
View the best growth stocks for 2024 here
.

FormFactor, Inc. (NASDAQ:FORM) posted its quarterly earnings data on Wednesday, October, 27th. The semiconductor company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.10. FormFactor's revenue for the quarter was up 6.7% compared to the same quarter last year.

FormFactor subsidiaries include these companies: High Precision Devices, Advantest Corporation, FRT, Cascade Microtech, Astria Semiconductor Holding, MicroProbe Inc, Advanced Temperature Test Systems GmbH, and others.

Top institutional investors of FormFactor include Emerald Advisers LLC (0.78%), Emerald Mutual Fund Advisers Trust (0.62%), Reinhart Partners LLC. (0.55%) and Pinnacle Associates Ltd. (0.48%). Insiders that own company stock include Mike Slessor, Raymond A Link, Dennis Thomas St, Shai Shahar, Jorge Titinger, Brian C White, Rebeca Obregon-Jimenez, Sheri Rhodes and Kelley Steven-Waiss.
View institutional ownership trends
.

Shares of FORM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that FormFactor investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), Intel (INTC) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
10/27/2021
Today
10/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:FORM
CUSIP
34637510
Employees
2,115
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$59.63
High Stock Price Target
$74.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+36.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$82.39 million
Pretax Margin
18.95%

Debt

Sales & Book Value

Annual Sales
$705.94 million
Cash Flow
$0.68 per share
Book Value
$11.68 per share

Miscellaneous

Free Float
76,646,000
Market Cap
$3.38 billion
Optionable
Optionable
Beta
1.11

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This page (NASDAQ:FORM) was last updated on 10/31/2024 by MarketBeat.com Staff
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