FormFactor, Inc. (NASDAQ:FORM) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• FormFactor, Inc. has received a consensus rating of "Hold" from seven research firms, with an average price target of $38.29.
• Insider sales were noted, with directors selling shares, including Kelley Steven-Waiss and Rebeca Obregon-Jimenez, indicating a decrease in ownership stakes.
• The company's stock opened at $36.25 and has shown fluctuations, with recent earnings results revealing an EPS of $0.27, below analysts' expectations.

Shares of FormFactor, Inc. (NASDAQ:FORM - Get Free Report) have been given an average rating of "Hold" by the seven research firms that are presently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $38.2857.

Several analysts recently commented on the company. Stifel Nicolaus cut their price objective on FormFactor from $34.00 to $31.00 and set a "hold" rating for the company in a report on Thursday, July 31st. Citigroup reaffirmed a "neutral" rating and issued a $31.00 price objective (down previously from $36.00) on shares of FormFactor in a report on Thursday, August 21st. Finally, Wall Street Zen raised FormFactor from a "sell" rating to a "hold" rating in a report on Saturday, September 20th.

Insider Buying and Selling at FormFactor

In other FormFactor news, Director Kelley Steven-Waiss sold 3,600 shares of the business's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $30.43, for a total transaction of $109,548.00. Following the completion of the sale, the director owned 35,479 shares of the company's stock, valued at approximately $1,079,625.97. The trade was a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Rebeca Obregon-Jimenez sold 4,000 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $29.55, for a total value of $118,200.00. Following the sale, the director directly owned 13,126 shares of the company's stock, valued at $387,873.30. This represents a 23.36% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.96% of the company's stock.

Institutional Trading of FormFactor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cim Investment Management Inc. purchased a new position in FormFactor during the second quarter valued at $167,000. Coppell Advisory Solutions LLC purchased a new stake in FormFactor during the second quarter valued at approximately $1,948,000. Public Sector Pension Investment Board raised its position in FormFactor by 7.0% during the second quarter. Public Sector Pension Investment Board now owns 262,772 shares of the semiconductor company's stock valued at $9,042,000 after purchasing an additional 17,129 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in shares of FormFactor by 0.6% in the second quarter. CANADA LIFE ASSURANCE Co now owns 86,885 shares of the semiconductor company's stock worth $2,988,000 after buying an additional 507 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in shares of FormFactor by 113.2% in the second quarter. Tower Research Capital LLC TRC now owns 12,340 shares of the semiconductor company's stock worth $425,000 after buying an additional 6,552 shares during the period. Institutional investors own 98.76% of the company's stock.

FormFactor Stock Up 2.7%

FormFactor stock opened at $36.25 on Tuesday. The firm has a market cap of $2.80 billion, a price-to-earnings ratio of 64.73 and a beta of 1.24. The stock has a fifty day simple moving average of $31.11 and a two-hundred day simple moving average of $31.16. FormFactor has a 12 month low of $22.58 and a 12 month high of $50.79. The company has a current ratio of 4.24, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01.

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

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.

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