NASDAQ:FORM - FormFactor Stock Price, Price Target & More

FormFactor trades on the NASDAQ under the ticker symbol "FORM."

FormFactor declared that its Board of Directors has approved a stock buyback program on Monday, April 10th 2017, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 2.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

FormFactor, Inc. (NASDAQ:FORM) posted its quarterly earnings results on Wednesday, May, 2nd. The semiconductor company reported $0.17 EPS for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.02. The semiconductor company earned $118.29 million during the quarter, compared to the consensus estimate of $116.08 million. FormFactor had a net margin of 7.04% and a return on equity of 15.19%. The company's revenue was down 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 earnings per share. View FormFactor's Earnings History.

FormFactor issued an update on its second quarter earnings guidance on Wednesday, May, 2nd. The company provided earnings per share (EPS) guidance of $0.20-0.26 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.26. The company issued revenue guidance of $130-138 million, compared to the consensus revenue estimate of $129.81 million.

5 equities research analysts have issued twelve-month price targets for FormFactor's shares. Their forecasts range from $13.50 to $21.00. On average, they expect FormFactor's share price to reach $18.30 in the next twelve months. View Analyst Ratings for FormFactor.

Some companies that are related to FormFactor include AU Optronics (AUO), Advantest (ATEYY), Semtech (SMTC), Cabot Microelectronics (CCMP), BE Semiconductor Industrs (BESIY), Power Integrations (POWI), Cirrus Logic (CRUS), Viavi Solutions (VIAV), Solaredge Technologies (SEDG), Tower Semiconductor (TSEM), Amkor Technology (AMKR), Finisar (FNSR), Silicon Motion Technology (SIMO), Diodes (DIOD) and Synaptics (SYNA).

News headlines about FORM stock have been trending somewhat positive on Sunday, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. FormFactor earned a media sentiment score of 0.13 on Accern's scale. They also gave headlines about the semiconductor company an impact score of 44.16 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

FormFactor's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.62%), Dimensional Fund Advisors LP (6.98%), Pinnacle Associates Ltd. (2.33%), Victory Capital Management Inc. (2.27%), Needham Investment Management LLC (1.53%) and Northern Trust Corp (1.49%). Company insiders that own FormFactor stock include Dennis Thomas St, Edward Rogas Jr, Kelley Steven-Waiss, Michael M Ludwig, Michael W Zellner, Raymond A Link and Richard Delateur. View Institutional Ownership Trends for FormFactor.

FORM stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Hood River Capital Management LLC, Intrinsic Edge Capital Management LLC, Spark Investment Management LLC, American Century Companies Inc., Federated Investors Inc. PA, Tygh Capital Management Inc. and Pinnacle Associates Ltd.. Company insiders that have sold FormFactor company stock in the last year include Dennis Thomas St, Kelley Steven-Waiss, Michael M Ludwig, Michael W Zellner, Raymond A Link and Richard Delateur. View Insider Buying and Selling for FormFactor.

FORM stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Principal Financial Group Inc., Principal Financial Group Inc., Guggenheim Capital LLC, JPMorgan Chase & Co., Point72 Asset Management L.P., Legal & General Group Plc and Rhumbline Advisers. View Insider Buying and Selling for FormFactor.

Shares of FORM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of FORM stock can currently be purchased for approximately $14.15.

FormFactor has a market capitalization of $1.03 billion and generates $548.44 million in revenue each year. The semiconductor company earns $40.91 million in net income (profit) each year or $1.00 on an earnings per share basis. FormFactor employs 1,685 workers across the globe.

FormFactor's mailing address is 7005 SOUTHFRONT ROAD, LIVERMORE CA, 94551. The semiconductor company can be reached via phone at 925-290-4000 or via email at [email protected]