FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, integrated measurement systems, and thermal sub-systems, as well as provides related services. It operates in two segments, Probe Cards and Systems. The company offers probe cards that are used to test various semiconductor device types, including system on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies.
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Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
Phone925-290-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$529.67 million
Profitability
Miscellaneous
Employees1,676
Next Earnings Date2/5/2020 (Estimated)
OptionableOptionable
FormFactor (NASDAQ:FORM) Frequently Asked Questions
What is FormFactor's stock symbol?
FormFactor trades on the NASDAQ under the ticker symbol "FORM."
How were FormFactor's earnings last quarter?
FormFactor, Inc. (NASDAQ:FORM) posted its quarterly earnings data on Wednesday, October, 30th. The semiconductor company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.01. The semiconductor company earned $140.60 million during the quarter, compared to analysts' expectations of $140.54 million. FormFactor had a return on equity of 8.82% and a net margin of 19.18%. FormFactor's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.26 earnings per share. View FormFactor's Earnings History.
When is FormFactor's next earnings date?
What guidance has FormFactor issued on next quarter's earnings?
FormFactor issued an update on its fourth quarter earnings guidance on Wednesday, October, 30th. The company provided earnings per share (EPS) guidance of $0.22-$0.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.20. The company issued revenue guidance of $145-$155 million, compared to the consensus revenue estimate of $138.56 million.
What price target have analysts set for FORM?
7 Wall Street analysts have issued twelve-month price targets for FormFactor's stock. Their forecasts range from $16.00 to $26.00. On average, they expect FormFactor's share price to reach $21.14 in the next year. This suggests that the stock has a possible downside of 7.6%. View Analyst Price Targets for FormFactor.
What is the consensus analysts' recommendation for FormFactor?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FormFactor in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for FormFactor.
What are Wall Street analysts saying about FormFactor stock?
Here are some recent quotes from research analysts about FormFactor stock:
- 1. According to Zacks Investment Research, "FormFactor reported strong third-quarter earnings driven by solid demand in both DRAM and Flash applications. Further, its increasing focus on Mobile SoC and Mobile DRAM probe card segments continues to be a tailwind. FormFactor remains optimistic about strong relationships with semiconductor companies, backed by the ability to serve their electrical test and measurement requirements. However, memory spending remained weak in the last reported quarter. Additionally, adverse effects of extreme pricing pressure in the semiconductor industry and long lead times remain major concerns. Notably, the stock has outperformed the industry it belongs to over a year." (11/4/2019)
- 2. Northland Securities analysts commented, "We trim our estimates moving forward as we are not seeing evidence of a robust pick up in demand. While FORM is growing market share, is well managed and executing well in a challenging environment, we believe that this is priced into the shares. We lift PT to $18 on 20x our lower CY20 estimate and lower our rating to MP. Key Points FORM Reported Solid Quarter: FORM reported non-GAAP earnings of $0.20 on $132M versus our estimate of $0.18 on $131M. GAAP gross margin was 39.7%, 120 bps above our model and down 10 bps Q/Q. A richer mix of higher margin test system revenue offset the lower volume Q/ Q. Opex was in line with our model. Balance sheet metrics were stable in the quarter. Cash and marketable securities was $159.8M up $10.8M Q/Q. Accounts receivable was $81.5M down $13.8M Q/Q as DSO dropped to 56 days or 6 days Q/Q." (5/2/2019)
Has FormFactor been receiving favorable news coverage?
Media coverage about FORM stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. FormFactor earned a news impact score of -1.7 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for FormFactor.
Are investors shorting FormFactor?
FormFactor saw a increase in short interest in October. As of October 15th, there was short interest totalling 2,190,000 shares, an increase of 9.5% from the September 15th total of 2,000,000 shares. Based on an average daily trading volume, of 352,200 shares, the days-to-cover ratio is currently 6.2 days. Currently, 3.0% of the shares of the company are short sold. View FormFactor's Current Options Chain.
Who are some of FormFactor's key competitors?
Some companies that are related to FormFactor include Applied Materials (AMAT), Lam Research (LRCX), KLA (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Amkor Technology (AMKR), Brooks Automation (BRKS), Advanced Energy Industries (AEIS), Xperi (XPER), Rudolph Technologies (RTEC), Ultra Clean (UCTT), Nanometrics (NANO) and Photronics (PLAB).
What other stocks do shareholders of FormFactor own?
Who are FormFactor's key executives?
FormFactor's management team includes the folowing people:
- Dr. Michael D. Slessor, CEO & Director (Age 49)
- Mr. Shai Shahar, Chief Financial Officer (Age 47)
- Mr. Jarek Kister, CTO and Sr. VP of Technology R&D
- Stan Finkelstein, Head of Investor Relations
- Mr. Jason Cohen, VP, Gen. Counsel & Sec.
Who are FormFactor's major shareholders?
FormFactor's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (3.08%), Peregrine Capital Management LLC (1.91%), Point72 Asset Management L.P. (0.98%), Fisher Asset Management LLC (0.36%), Rhumbline Advisers (0.32%) and California Public Employees Retirement System (0.20%). Company insiders that own FormFactor stock include Dennis Thomas St, Edward Rogas Jr, Kelley Steven-Waiss, Michael M Ludwig, Michael W Zellner, Mike Slessor, Raymond A Link and Richard Delateur. View Institutional Ownership Trends for FormFactor.
Which major investors are selling FormFactor stock?
FORM stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Peregrine Capital Management LLC, First Trust Advisors LP, Squarepoint Ops LLC, Teton Advisors Inc., Boston Advisors LLC, Fisher Asset Management LLC and Municipal Employees Retirement System of Michigan. Company insiders that have sold FormFactor company stock in the last year include Dennis Thomas St, Edward Rogas Jr, Kelley Steven-Waiss, Michael W Zellner, Mike Slessor and Raymond A Link. View Insider Buying and Selling for FormFactor.
Which major investors are buying FormFactor stock?
FORM stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Lisanti Capital Growth LLC, Barclays PLC, California Public Employees Retirement System, State of Tennessee Treasury Department, State Street Corp, State of Alaska Department of Revenue and Hussman Strategic Advisors Inc.. View Insider Buying and Selling for FormFactor.
How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.
What is FormFactor's stock price today?
One share of FORM stock can currently be purchased for approximately $22.88.
How big of a company is FormFactor?
FormFactor has a market capitalization of $1.73 billion and generates $529.67 million in revenue each year. The semiconductor company earns $104.04 million in net income (profit) each year or $0.77 on an earnings per share basis. FormFactor employs 1,676 workers across the globe.View Additional Information About FormFactor.
What is FormFactor's official website?
How can I contact FormFactor?
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]
MarketBeat Community Rating for FormFactor (NASDAQ FORM)
MarketBeat's community ratings are surveys of what our community members think about FormFactor and other stocks. Vote "Outperform" if you believe FORM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FORM will underperform the S&P 500 over the long term. You may vote once every thirty days.
