Q1 2025 EPS Estimates for FormFactor, Inc. Lifted by Analyst (NASDAQ:FORM)

FormFactor, Inc. (NASDAQ:FORM - Free Report) - Investment analysts at Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for FormFactor in a research report issued to clients and investors on Wednesday, April 17th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings per share of $0.17 for the quarter, up from their prior estimate of $0.16. The consensus estimate for FormFactor's current full-year earnings is $0.63 per share.

FORM has been the topic of several other reports. Needham & Company LLC reaffirmed a "buy" rating and issued a $46.00 price target on shares of FormFactor in a report on Thursday, February 8th. StockNews.com upgraded shares of FormFactor from a "hold" rating to a "buy" rating in a research report on Thursday, April 11th. Evercore ISI started coverage on FormFactor in a report on Tuesday. They set an "in-line" rating and a $50.00 target price for the company. TheStreet raised shares of FormFactor from a "c" rating to a "b-" rating in a research note on Thursday, February 8th. Finally, TD Cowen boosted their price target on shares of FormFactor from $33.00 to $37.00 and gave the company a "market perform" rating in a report on Thursday, February 8th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $42.56.

FormFactor Stock Down 2.0 %

FormFactor stock traded down $0.88 during midday trading on Thursday, hitting $42.09. 310,146 shares of the company were exchanged, compared to its average volume of 451,359. FormFactor has a fifty-two week low of $24.88 and a fifty-two week high of $47.94. The company has a market cap of $3.26 billion, a PE ratio of 40.54 and a beta of 1.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.38 and a quick ratio of 3.52. The company's fifty day moving average price is $43.55 and its 200-day moving average price is $39.75.

FormFactor (NASDAQ:FORM - Get Free Report) last issued its earnings results on Wednesday, February 7th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.09. FormFactor had a return on equity of 2.43% and a net margin of 12.42%. The business had revenue of $168.16 million during the quarter, compared to analysts' expectations of $165.49 million.

Insider Transactions at FormFactor

In other FormFactor news, CFO Shai Shahar sold 10,000 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $42.12, for a total transaction of $421,200.00. Following the sale, the chief financial officer now owns 67,141 shares of the company's stock, valued at approximately $2,827,978.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, CEO Mike Slessor sold 4,000 shares of the business's stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $43.38, for a total transaction of $173,520.00. Following the completion of the transaction, the chief executive officer now owns 499,781 shares in the company, valued at $21,680,499.78. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Shai Shahar sold 10,000 shares of the firm's stock in a transaction on Monday, February 12th. The stock was sold at an average price of $42.12, for a total value of $421,200.00. Following the sale, the chief financial officer now directly owns 67,141 shares in the company, valued at approximately $2,827,978.92. The disclosure for this sale can be found here. Insiders have sold 28,000 shares of company stock valued at $1,223,580 in the last three months. 0.96% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On FormFactor

Institutional investors have recently bought and sold shares of the company. Riverview Trust Co bought a new stake in FormFactor during the first quarter worth $28,000. Belpointe Asset Management LLC lifted its position in FormFactor by 170.1% during the first quarter. Belpointe Asset Management LLC now owns 1,086 shares of the semiconductor company's stock worth $35,000 after acquiring an additional 684 shares during the last quarter. GAMMA Investing LLC acquired a new position in FormFactor in the 4th quarter valued at $55,000. Quadrant Capital Group LLC increased its position in FormFactor by 19.5% during the fourth quarter. Quadrant Capital Group LLC now owns 1,590 shares of the semiconductor company's stock worth $66,000 after acquiring an additional 260 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of FormFactor during the third quarter worth approximately $70,000. 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.