FormFactor Company Profile (NASDAQ:FORM)

About FormFactor (NASDAQ:FORM)

FormFactor logoFormFactor, Inc. is a provider of test and measurement solutions. The Company's segments include the Probe Cards segment and Systems segment. The Company designs, manufactures and sells multiple product lines, including probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, reliability test systems, and related services. Its products provide electrical information from a range of semiconductor and electro-optical devices and integrated circuits (devices) from development to production. Probe Cards segment consists of probe card products and analytical probes. Systems segment consists of wafer probing, thermal and reliability products to enable precision on-wafer measurement of integrated circuits. Systems products are used in the early phases of the development and characterization of semiconductor processes.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor Equipment & Testing
  • Sub-Industry: Semiconductor Equipment
  • Symbol: NASDAQ:FORM
  • CUSIP: 34637510
  • Web:
  • Market Cap: $1.2913 billion
  • Outstanding Shares: 72,544,000
Average Prices:
  • 50 Day Moving Avg: $16.27
  • 200 Day Moving Avg: $13.90
  • 52 Week Range: $8.55 - $17.90
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.75
  • P/E Growth: 0.71
Sales & Book Value:
  • Annual Revenue: $519.99 million
  • Price / Sales: 2.49
  • Book Value: $6.01 per share
  • Price / Book: 2.97
  • EBITDA: $61.41 million
  • Net Margins: -1.32%
  • Return on Equity: 15.62%
  • Return on Assets: 10.19%
  • Debt-to-Equity Ratio: 0.24%
  • Current Ratio: 2.87%
  • Quick Ratio: 2.25%
  • Average Volume: 721,039 shs.
  • Beta: 1.63
  • Short Ratio: 2.46

Frequently Asked Questions for FormFactor (NASDAQ:FORM)

What is FormFactor's stock symbol?

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

How will FormFactor's stock buyback program work?

FormFactor declared that its board has approved a share repurchase 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 buy up to 2.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

How were FormFactor's earnings last quarter?

FormFactor, Inc. (NASDAQ:FORM) issued its earnings results on Wednesday, August, 2nd. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.12. The company earned $144 million during the quarter, compared to analyst estimates of $134.53 million. FormFactor had a positive return on equity of 15.62% and a negative net margin of 1.32%. The firm's revenue was up 73.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 earnings per share. View FormFactor's Earnings History.

When will FormFactor make its next earnings announcement?

FormFactor is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for FormFactor.

What guidance has FormFactor issued on next quarter's earnings?

FormFactor issued an update on its third quarter earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $0.29-$0.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.27. The company issued revenue guidance of $136-$144 million, compared to the consensus revenue estimate of $133.64 million.

Where is FormFactor's stock going? Where will FormFactor's stock price be in 2017?

6 equities research analysts have issued twelve-month price objectives for FormFactor's stock. Their predictions range from $15.00 to $20.00. On average, they anticipate FormFactor's share price to reach $17.67 in the next year. View Analyst Ratings for FormFactor.

What are analysts saying about FormFactor stock?

Here are some recent quotes from research analysts about FormFactor stock:

  • 1. According to Zacks Investment Research, "FormFactor, is the largest probe card manufacturer in the semiconductor industry as well as the largest supplier of probe cards to the SOC probe card market. The company reported better-than-expected second quarter results surpassing the Zacks Consensus Estimates on both counts. Year to date, the stock has underperformed the industry it belongs to. The company has proved agile in dealing with the secular decline in the PC market by increasing focus on the Mobile SoC and Mobile DRAM probe card segments where growth prospects remain very bright. However, nature of the business necessitates long lead times and customer concentration, which should be kept in mind when investing in the shares." (8/9/2017)
  • 2. Stifel Nicolaus analysts commented, "On Wednesday after the market close, FormFactor reported 4Q16 (Dec) earnings results ahead of our and consensus expectations. The company also delivered guidance for 1Q17 (March) ahead of expectations and also provided an outlook for 2017 that was ahead of our prior estimate. The only aspect that came in below our expectations was on the gross margin line and outlook for 2017. Having said that, we believe that the long-term operating model remains intact and with higher revenues projected for 2017 (and our long-term forecasts), we believe the company is on track for a strong growth year with continued growth projected for future years. We are raising our target price to $15 (from $13) which reflects our new 10x pro-forma EPS of $1.47 on $530 million in annual revenues. We maintain our Buy rating on the shares." (2/9/2017)

Who are some of FormFactor's key competitors?

Who are FormFactor's key executives?

FormFactor's management team includes the folowing people:

  • Thomas St. Dennis, Executive Chairman of the Board
  • Michael D. Slessor, Chief Executive Officer, Director
  • Michael M. Ludwig, Chief Financial Officer
  • Richard DeLateur, Lead Independent Director
  • Raymond A. Link CPA, Independent Director
  • Lothar Maier, Independent Director
  • Edward Rogas Jr., Independent Director
  • Kelley Steven-Waiss, Independent Director

How do I buy FormFactor stock?

Shares of FormFactor can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is FormFactor's stock price today?

One share of FormFactor stock can currently be purchased for approximately $17.85.

MarketBeat Community Rating for FormFactor (NASDAQ FORM)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  248 (Vote Outperform)
Underperform Votes:  139 (Vote Underperform)
Total Votes:  387
MarketBeat's community ratings are surveys of what our community members think about FormFactor and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for FormFactor (NASDAQ:FORM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $17.67 (1.03% downside)
Consensus Price Target History for FormFactor (NASDAQ:FORM)
Price Target History for FormFactor (NASDAQ:FORM)
Analysts' Ratings History for FormFactor (NASDAQ:FORM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/12/2017Needham & Company LLCReiterated RatingBuy$18.00LowView Rating Details
8/31/2017DA DavidsonReiterated RatingBuy$20.00MediumView Rating Details
8/8/2017B. RileyReiterated RatingBuy$20.00LowView Rating Details
6/14/2017SidotiReiterated RatingBuy$15.00 -> $18.00MediumView Rating Details
6/5/2017Citigroup Inc.Reiterated RatingNeutral$13.50 -> $15.00MediumView Rating Details
2/9/2017Stifel NicolausBoost Price TargetBuy$13.00 -> $15.00N/AView Rating Details
9/22/2016Craig HallumInitiated CoverageBuy$14.00N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for FormFactor (NASDAQ:FORM)
Earnings by Quarter for FormFactor (NASDAQ:FORM)
Earnings History by Quarter for FormFactor (NASDAQ FORM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017N/AView Earnings Details
8/2/2017Q2 2017$0.28$0.40$134.53 million$144.00 millionViewListenView Earnings Details
5/3/2017Q1 2017$0.20$0.24$124.07 million$128.80 millionViewListenView Earnings Details
2/8/2017Q4 2016$0.18$0.20$120.46 million$123.90 millionViewListenView Earnings Details
10/27/2016Q3$0.15$0.22$122.70 million$123.30 millionViewListenView Earnings Details
8/2/2016Q216$0.11$0.13$78.23 million$83.10 millionViewN/AView Earnings Details
4/27/2016Q116($0.15)($0.11)$56.38 million$53.60 millionViewListenView Earnings Details
2/4/2016Q415$0.09$0.10$70.46 million$71.78 millionViewN/AView Earnings Details
10/28/2015Q315$0.03$0.06$65.37 million$65.90 millionViewListenView Earnings Details
7/29/2015Q215$0.09$0.11$73.44 million$73.90 millionViewListenView Earnings Details
4/29/2015Q115$0.02$0.10$68.12 million$70.82 millionViewN/AView Earnings Details
2/4/2015Q414$0.07$0.11$70.96 million$71.30 millionViewN/AView Earnings Details
10/29/2014Q314$0.07$0.09$72.55 million$73.93 millionViewListenView Earnings Details
7/30/2014Q214$0.04$0.02$66.04 million$67.40 millionViewListenView Earnings Details
4/30/2014Q114($0.16)($0.09)$54.44 million$56.00 millionViewListenView Earnings Details
2/5/2014Q413$0.02($0.20)$48.03 million$48.55 millionViewListenView Earnings Details
10/24/2013Q313$0.02($0.06)$66.94 million$67.60 millionViewN/AView Earnings Details
7/31/2013Q2 2013($0.03)($0.01)$60.78 million$62.70 millionViewN/AView Earnings Details
5/1/2013Q1 2013($0.18)($0.13)$51.68 million$52.60 millionViewN/AView Earnings Details
2/6/2013Q4 2012($0.28)($0.25)$48.84 million$47.70 millionViewN/AView Earnings Details
11/1/2012Q312($0.25)($0.15)$40.55 million$41.30 millionViewN/AView Earnings Details
8/1/2012($0.13)($0.08)ViewN/AView Earnings Details
5/1/2012($0.47)($0.29)ViewN/AView Earnings Details
2/7/2012($0.47)($0.45)ViewN/AView Earnings Details
10/27/2011($0.22)($0.12)ViewN/AView Earnings Details
4/26/2011($0.42)($0.32)ViewN/AView Earnings Details
2/1/2011($0.43)($0.40)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for FormFactor (NASDAQ:FORM)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.23$0.23$0.23
(Data provided by Zacks Investment Research)


Dividend History for FormFactor (NASDAQ:FORM)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for FormFactor (NASDAQ:FORM)
Insider Ownership Percentage: 2.30%
Institutional Ownership Percentage: 86.55%
Insider Trades by Quarter for FormFactor (NASDAQ:FORM)
Institutional Ownership by Quarter for FormFactor (NASDAQ:FORM)
Insider Trades by Quarter for FormFactor (NASDAQ:FORM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2017Michael W ZellnerDirectorSell3,725$15.26$56,843.50View SEC Filing  
8/23/2017Michael M LudwigCFOSell10,000$14.07$140,700.00View SEC Filing  
8/22/2017Michael M LudwigCFOSell30,000$14.21$426,300.00View SEC Filing  
6/14/2017Dennis Thomas StDirectorSell400$13.93$5,572.00View SEC Filing  
6/5/2017Dennis Thomas StDirectorSell285,333$14.61$4,168,715.13View SEC Filing  
5/16/2017Richard DelateurDirectorSell45,262$14.08$637,288.96View SEC Filing  
5/15/2017Edward Rogas JrDirectorSell6,000$13.90$83,400.00View SEC Filing  
5/9/2017Dennis Thomas StDirectorSell62,088$13.77$854,951.76View SEC Filing  
5/8/2017Richard DelateurDirectorSell80,000$13.80$1,104,000.00View SEC Filing  
3/2/2017Richard DelateurDirectorSell12,000$11.08$132,960.00View SEC Filing  
2/24/2017Dennis Thomas StDirectorSell20,297$11.68$237,068.96View SEC Filing  
2/21/2017Dennis Thomas StDirectorSell196,682$11.83$2,326,748.06View SEC Filing  
2/15/2017Dennis Thomas StDirectorSell156,971$12.07$1,894,639.97View SEC Filing  
2/14/2017Dennis Thomas StDirectorSell80,397$12.01$965,567.97View SEC Filing  
2/13/2017Dennis Thomas StDirectorSell18,404$12.15$223,608.60View SEC Filing  
11/1/2016Raymond A LinkDirectorBuy2,000$8.95$17,900.00View SEC Filing  
8/22/2016Richard DelateurDirectorSell10,000$10.74$107,400.00View SEC Filing  
8/10/2016Raymond A LinkDirectorBuy2,000$10.02$20,040.00View SEC Filing  
8/5/2016Dennis Thomas StDirectorSell23,120$10.51$242,991.20View SEC Filing  
6/2/2016Michael M LudwigCFOSell3,692$7.33$27,062.36View SEC Filing  
5/9/2016Michael M LudwigCFOSell11,423$6.81$77,790.63View SEC Filing  
5/9/2016Mike SlessorCEOSell12,697$6.82$86,593.54View SEC Filing  
5/3/2016Michael M LudwigCFOSell24,524$7.14$175,101.36View SEC Filing  
5/3/2016Mike SlessorCEOSell32,857$7.14$234,598.98View SEC Filing  
11/6/2015Mike SlessorCEOSell10,883$8.52$92,723.16View SEC Filing  
5/21/2015Dennis Thomas StChairmanSell130,000$8.91$1,158,300.00View SEC Filing  
5/7/2015Dennis Thomas StChairmanSell10,606$8.28$87,817.68View SEC Filing  
5/7/2015Michael M LudwigCFOSell7,954$8.28$65,859.12View SEC Filing  
5/7/2015Mike SlessorCEOSell6,674$8.28$55,260.72View SEC Filing  
5/7/2015Stuart L MerkadeauSVPSell3,183$8.28$26,355.24View SEC Filing  
5/6/2015Dennis Thomas StChairmanSell10,607$8.25$87,507.75View SEC Filing  
5/6/2015Michael M LudwigCFOSell7,955$8.25$65,628.75View SEC Filing  
5/6/2015Mike SlessorCEOSell7,002$8.25$57,766.50View SEC Filing  
5/6/2015Stuart L MerkadeauSVPSell3,820$8.25$31,515.00View SEC Filing  
5/5/2015Dennis Thomas StChairmanSell92,782$8.42$781,224.44View SEC Filing  
5/5/2015Michael M LudwigCFOSell32,116$8.43$270,737.88View SEC Filing  
5/5/2015Mike SlessorCEOSell29,165$8.42$245,569.30View SEC Filing  
5/5/2015Stuart L MerkadeauSVPSell9,262$8.42$77,986.04View SEC Filing  
3/9/2015Dennis Thomas StCEOSell90,000$9.16$824,400.00View SEC Filing  
3/2/2015Dennis Thomas StCEOSell13,548$10.15$137,512.20View SEC Filing  
3/2/2015Michael M LudwigCFOSell6,097$10.15$61,884.55View SEC Filing  
3/2/2015Stuart L MerkadeauSVPSell9,731$10.19$99,158.89View SEC Filing  
2/12/2015Richard DelateurDirectorSell12,982$8.53$110,736.46View SEC Filing  
2/11/2015Michael M LudwigCFOSell3,707$8.52$31,583.64View SEC Filing  
2/11/2015Stuart L MerkadeauSVPSell2,966$8.52$25,270.32View SEC Filing  
11/7/2014Mike SlessorPresidentSell7,515$8.71$65,455.65View SEC Filing  
11/7/2014Stuart L MerkadeauSVPSell7,501$8.93$66,983.93View SEC Filing  
5/9/2014Stuart MerkadeauSVPSell11,162$5.64$62,953.68View SEC Filing  
5/7/2014Dennis Thomas StCEOSell9,904$5.77$57,146.08View SEC Filing  
5/7/2014Michael LudwigCFOSell9,279$5.77$53,539.83View SEC Filing  
5/7/2014Mike SlessorPresidentSell5,852$5.77$33,766.04View SEC Filing  
5/7/2014Stuart MerkadeauSVPSell6,702$5.77$38,670.54View SEC Filing  
2/28/2014Dennis Thomas StCEOSell13,528$7.11$96,184.08View SEC Filing  
2/28/2014Michael LudwigCFOSell6,139$7.11$43,648.29View SEC Filing  
2/28/2014Stuart MerkadeauSVPSell4,922$7.11$34,995.42View SEC Filing  
2/11/2014Dennis Thomas StCEOSell6,990$6.47$45,225.30View SEC Filing  
2/11/2014Michael LudwigCFOSell3,720$6.47$24,068.40View SEC Filing  
2/11/2014Stuart MerkadeauSVPSell2,977$6.47$19,261.19View SEC Filing  
11/7/2013Mike SlessorPresidentSell7,677$5.09$39,075.93View SEC Filing  
9/16/2013Dennis Thomas StCEOSell5,689$7.26$41,302.14View SEC Filing  
8/12/2013Stuart MerkadeauSVPSell9,234$6.51$60,113.34View SEC Filing  
5/29/2013Richard DelateurDirectorSell13,936$5.42$75,533.12View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for FormFactor (NASDAQ:FORM)
Latest Headlines for FormFactor (NASDAQ:FORM)
DateHeadline logoFormFactor, Inc. (FORM) Given Average Recommendation of "Buy" by Brokerages - October 18 at 7:22 AM logoFormFactor, Inc. (FORM) to Release Quarterly Earnings on Wednesday - October 18 at 5:38 AM logoHead-To-Head Contrast: FormFactor (FORM) & The Competition - October 10 at 2:10 AM logoEric Hobbs' relentless nature drives cell manipulation company - October 5 at 5:56 PM logoFormFactor to Announce Third Quarter 2017 Financial Results on October 31 - October 5 at 5:56 PM logo Analysts Expect FormFactor, Inc. (FORM) Will Post Quarterly Sales of $140.18 Million - October 2 at 9:52 AM logoTop Ranked Growth Stocks to Buy for September 29th - September 29 at 2:42 PM logoMicron's (MU) Q4 Earnings & Revenues Crush Estimates - September 27 at 6:18 PM logoFormFactor, Inc. (FORM) Receives Average Recommendation of "Buy" from Analysts - September 23 at 4:38 AM logoTop Ranked Growth Stocks to Buy for September 20th - September 20 at 7:44 PM logoSmartMatrix 1500XP provides 300 mm wafer testing for advanced DRAM - September 19 at 6:45 PM logoTop Ranked Growth Stocks to Buy for September 19th - September 19 at 6:45 PM logoFormFactor Extends Capabilities of SmartMatrix™ Probe Card to Deliver Single-Touchdown, 1500-site Parallelism at 200 MHz Wafer Test Speeds - September 19 at 6:45 PM logoFacebook Provides Russian Ad Spend Details to Special Counsel - September 18 at 11:30 PM logoFormFactor (FORM) versus Entegris (ENTG) Critical Survey - September 18 at 6:10 AM logoFormFactor (FORM) & Entegris (ENTG) Critical Analysis - September 15 at 10:20 AM logoFormFactor, Inc. (FORM) Expected to Post Quarterly Sales of $140.07 Million - September 13 at 12:58 PM logoStocks To Watch: Formfactor Sees RS Rating Jump To 92 - September 12 at 7:35 PM logoNeedham & Company LLC Reiterates Buy Rating for FormFactor, Inc. (FORM) - September 12 at 4:30 PM logo Brokerages Expect FormFactor, Inc. (FORM) Will Post Earnings of $0.32 Per Share - September 11 at 2:16 PM logoWhy Is FormFactor (FORM) Up 16.4% Since the Last Earnings Report? - September 8 at 7:17 PM logoETFs with exposure to FormFactor, Inc. : September 7, 2017 - September 7 at 6:55 PM logoTop Ranked Momentum Stocks to Buy for September 6th - September 6 at 6:40 PM logoFormFactor, Inc. (FORM) Director Sells $56,843.50 in Stock - September 5 at 8:32 PM logoFormFactor, Inc. :FORM-US: Earnings Analysis: Q2, 2017 By the Numbers : September 4, 2017 - September 4 at 6:15 PM logoFormFactor, Inc. (FORM) Earns Buy Rating from DA Davidson - August 31 at 9:28 PM logoWhy FormFactor (FORM) Could Be an Impressive Growth Stock? - August 31 at 6:41 PM logoWhy FormFactor (FORM) Could Be Positioned for a Surge - August 29 at 7:15 PM logoFormFactor, Inc. (FORM) Receives Consensus Rating of "Buy" from Brokerages - August 29 at 4:32 AM logoCritical Analysis: Cohu (COHU) and FormFactor (FORM) - August 26 at 4:30 PM logoInsider Selling: FormFactor, Inc. (FORM) CFO Sells 10,000 Shares of Stock - August 24 at 7:36 PM logoFormFactor, Inc. (FORM) CFO Michael M. Ludwig Sells 30,000 Shares - August 22 at 7:36 PM logoFirst Week Of April 2018 Options Trading For FormFactor (FORM) - August 22 at 7:18 PM logoFormFactor Stock: 3 Reasons Why FORM Is a Top Choice for Momentum Investors - August 16 at 6:51 PM logoContrasting FormFactor (FORM) and Nanometrics (NANO) - August 15 at 12:16 PM logo10-Q: FORMFACTOR INC - August 11 at 1:07 AM logo5 Top Stocks for August - August 8 at 6:28 PM logoFormFactor, Inc. (FORM) Stock Rating Reaffirmed by B. Riley - August 8 at 12:50 PM logoFormFactor, Inc. – Value Analysis (NASDAQ:FORM) : August 7, 2017 - August 7 at 9:15 PM logoFormFactor (FORM) Beats Earnings & Revenue Estimates in Q2 - August 7 at 4:15 PM logoFormFactor, Inc. (FORM) Expected to Post Quarterly Sales of $133.36 Million - August 7 at 8:56 AM logo$0.24 EPS Expected for FormFactor, Inc. (NASDAQ:FORM) This Quarter - August 5 at 6:30 PM logoFormFactor, Inc. breached its 50 day moving average in a Bullish Manner : FORM-US : August 4, 2017 - August 4 at 7:02 PM logoNeedham & Company LLC Reiterates "Buy" Rating for FormFactor, Inc. (FORM) - August 3 at 9:10 PM logoEdited Transcript of FORM earnings conference call or presentation 2-Aug-17 8:30pm GMT - August 3 at 3:59 PM logoFormFactor Tops Expectations and Shares a Bullish Outlook - August 3 at 3:59 PM logoHere's Why FormFactor Inc Is Soaring Today - August 3 at 11:38 AM
News IconBRIEF-FormFactor Q2 earnings per share $0.24 - August 3 at 5:42 AM logoFormFactor, Inc. 2017 Q2 - Results - Earnings Call Slides - August 3 at 12:41 AM logoFormFactor tops Street 2Q forecasts - August 3 at 12:41 AM



FormFactor (FORM) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

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