FormFactor's (FORM) Hold (C) Rating Reaffirmed at Weiss Ratings

Key Points

• FormFactor's stock maintains a "hold (c)" rating from Weiss Ratings, with analysts reporting a consensus rating of "Hold" and an average target price of $38.29.
• Institutional investors collectively own 98.76% of FormFactor's stock, demonstrating strong interest and confidence in the company.
• FormFactor's recent earnings report showed a miss in EPS of $0.03, contributing to a decline in share price by 1.6% on the reporting day.

FormFactor (NASDAQ:FORM - Get Free Report)'s stock had its "hold (c)" rating reiterated by equities research analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

A number of other analysts have also recently weighed in on the company. Citigroup reissued a "neutral" rating and issued a $31.00 price objective (down previously from $36.00) on shares of FormFactor in a research report on Thursday, August 21st. Wall Street Zen raised FormFactor from a "sell" rating to a "hold" rating in a research report on Saturday, September 20th. Finally, Stifel Nicolaus lowered their price objective on FormFactor from $34.00 to $31.00 and set a "hold" rating for the company in a research report on Thursday, July 31st. One analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $38.29.

FormFactor Stock Down 1.6%

Shares of NASDAQ FORM opened at $38.19 on Wednesday. The company has a current ratio of 4.24, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $2.94 billion, a PE ratio of 68.20 and a beta of 1.28. The stock's fifty day simple moving average is $31.75 and its two-hundred day simple moving average is $31.51. FormFactor has a 12-month low of $22.58 and a 12-month high of $50.79.

FormFactor (NASDAQ:FORM - Get Free Report) last announced its 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 for 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 firm's revenue was down .8% compared to the same quarter last year. During the same period last year, the business posted $0.35 EPS. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. As a group, analysts expect that FormFactor will post 0.9 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $29.55, for a total value of $118,200.00. Following the completion of the transaction, the director owned 13,126 shares in the company, valued at $387,873.30. This trade represents a 23.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kelley Steven-Waiss sold 3,600 shares of the firm's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $30.43, for a total value of $109,548.00. Following the completion of the transaction, the director owned 35,479 shares of the company's stock, valued at $1,079,625.97. This trade represents a 9.21% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.90% of the company's stock.

Hedge Funds Weigh In On FormFactor

A number of institutional investors have recently modified their holdings of the stock. Earnest Partners LLC raised its stake in shares of FormFactor by 0.3% during the 1st quarter. Earnest Partners LLC now owns 6,055,121 shares of the semiconductor company's stock valued at $171,299,000 after buying an additional 18,039 shares during the last quarter. Bank of America Corp DE raised its stake in shares of FormFactor by 4.0% during the 2nd quarter. Bank of America Corp DE now owns 2,806,905 shares of the semiconductor company's stock valued at $96,586,000 after buying an additional 108,487 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of FormFactor by 170.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,094,421 shares of the semiconductor company's stock valued at $72,069,000 after buying an additional 1,319,345 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of FormFactor by 82.1% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,963,727 shares of the semiconductor company's stock valued at $55,554,000 after buying an additional 885,617 shares during the last quarter. Finally, Reinhart Partners LLC. raised its stake in shares of FormFactor by 64.8% during the 2nd quarter. Reinhart Partners LLC. now owns 1,904,698 shares of the semiconductor company's stock valued at $65,541,000 after buying an additional 749,088 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

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.

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