FormFactor (FORM) Projected to Post Quarterly Earnings on Wednesday

FormFactor (NASDAQ:FORM - Get Free Report) is projected to release its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect FormFactor to post 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 results on Wednesday, February 5th. The semiconductor company reported $0.15 EPS for the quarter, missing analysts' consensus estimates 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 traded down $0.23 on Monday, hitting $28.11. 230,533 shares of the stock traded hands, compared to its average volume of 770,559. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.83 and a current ratio of 4.61. The business's fifty day moving average is $29.86 and its two-hundred day moving average is $37.76. FormFactor has a 12 month low of $22.58 and a 12 month high of $63.63. The firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of 31.50 and a beta of 1.15.

Insider Activity at FormFactor

In other FormFactor news, CEO Mike Slessor sold 4,000 shares of FormFactor stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $38.98, for a total transaction of $155,920.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.96% of the stock is currently owned by insiders.

Analysts Set New Price Targets

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

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.