FormFactor, Inc. (NASDAQ:FORM) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• FormFactor, Inc. has a consensus rating of "Hold" from analysts, with six rating it as hold and one as buy, alongside an average 12-month price target of $38.29.
• The company reported earnings of $0.27 EPS, which was below the consensus estimate of $0.30 EPS, and a revenue of $195.80 million, a slight decline compared to the previous year.
• Insider activity includes a sale of 4,000 shares by Director Rebeca Obregon-Jimenez, representing a 23.36% decrease in her ownership of the stock.

FormFactor, Inc. (NASDAQ:FORM - Get Free Report) has been assigned a consensus rating of "Hold" from the seven research firms that are currently covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $38.2857.

Several brokerages recently issued reports on FORM. Stifel Nicolaus cut their price target on FormFactor from $34.00 to $31.00 and set a "hold" rating for the company in a research note on Thursday, July 31st. Wall Street Zen cut FormFactor from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Finally, Citigroup restated a "neutral" rating and set a $31.00 target price (down from $36.00) on shares of FormFactor in a research note on Thursday, August 21st.

FormFactor Price Performance

Shares of FORM stock traded up $0.15 during trading on Friday, hitting $29.58. The company had a trading volume of 99,966 shares, compared to its average volume of 810,077. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.24. The firm has a market capitalization of $2.28 billion, a P/E ratio of 52.89 and a beta of 1.24. The stock's 50-day moving average price is $31.60 and its 200 day moving average price is $31.03. FormFactor has a one year low of $22.58 and a one year high of $50.79.

FormFactor (NASDAQ:FORM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.03). The company had revenue of $195.80 million during the quarter, compared to the consensus estimate of $190.17 million. FormFactor had a net margin of 5.75% and a return on equity of 5.57%. The company's quarterly revenue was down .8% on a year-over-year basis. During the same quarter last year, the firm posted $0.35 earnings per share. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. Equities analysts expect that FormFactor will post 0.9 EPS for the current fiscal year.

Insiders Place Their Bets

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $29.55, for a total transaction of $118,200.00. Following the completion of the sale, the director directly owned 13,126 shares in the company, valued at $387,873.30. This represents a 23.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.96% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB lifted its stake in shares of FormFactor by 282.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 741 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 547 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of FormFactor in the 4th quarter valued at $27,000. AlphaQuest LLC lifted its stake in shares of FormFactor by 96,900.0% in the 1st quarter. AlphaQuest LLC now owns 970 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 969 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of FormFactor by 256.3% in the 1st quarter. Versant Capital Management Inc now owns 1,197 shares of the semiconductor company's stock valued at $34,000 after acquiring an additional 861 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new stake in FormFactor in the first quarter valued at $42,000. 98.76% of the stock is currently owned by institutional investors.

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.