NASDAQ:FORM - FormFactor Stock Price, News, & Analysis

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$14.68 -0.36 (-2.39 %)
(As of 05/24/2019 06:48 AM ET)
Previous Close$15.04
Today's Range$14.45 - $14.7993
52-Week Range$11.38 - $19.27
Volume262,843 shs
Average Volume367,516 shs
Market Capitalization$1.09 billion
P/E Ratio19.06
Dividend YieldN/A
Beta1.68
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. It also provides probing systems for semiconductor design engineers to capture and analyze accurate data; integrated measurement systems that include test instrumentation, probe, cabling configurations, and software to enable fast, accurate, and on-wafer data collection for complex application and measurement needs; thermal subsystems that produce thermal chucks and other test systems used in probe stations. In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services. FormFactor, Inc. markets and sells its products through direct sales force, manufacturers' representatives, and distributors in the United States, Taiwan, South Korea, China, Japan, Europe, the Asia-Pacific, and internationally. The company was founded in 1993 and is headquartered in Livermore, California.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
Current SymbolNASDAQ:FORM
CUSIP34637510
Phone925-290-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$529.67 million
Cash Flow$1.3049 per share
Book Value$7.95 per share

Profitability

Net Income$104.04 million

Miscellaneous

Employees1,676
Market Cap$1.09 billion
Next Earnings Date8/7/2019 (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) issued its quarterly earnings results on Wednesday, May, 1st. The semiconductor company reported $0.20 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.02. The semiconductor company had revenue of $132.21 million for the quarter, compared to analyst estimates of $130.37 million. FormFactor had a net margin of 19.76% and a return on equity of 11.06%. FormFactor's quarterly revenue was up 11.8% compared to the same quarter last year. During the same period last year, the company posted $0.17 EPS. View FormFactor's Earnings History.

When is FormFactor's next earnings date?

FormFactor is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for FormFactor.

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

FormFactor updated its second quarter earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of $0.15-0.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21. The company issued revenue guidance of $131-139 million, compared to the consensus revenue estimate of $134.04 million.

What price target have analysts set for FORM?

5 brokerages have issued 12 month target prices for FormFactor's stock. Their predictions range from $16.00 to $21.00. On average, they expect FormFactor's share price to reach $18.00 in the next year. This suggests a possible upside of 22.6% from the stock's current price. View Analyst Price Targets for FormFactor.

What is the consensus analysts' recommendation for FormFactor?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FormFactor in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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’s sluggish demand for DRAM and Flash product lines is an overhang. Additionally, the company’s exposure to the adverse effects of extreme pricing pressure in the semiconductor industry remains major concerns. Also, long lead times, unfavorable market conditions and customer concentration remain concerns. However, the company’s increasing focus on Mobile SoC and Mobile DRAM probe card segments continue to drive its top-line growth. Moreover, solid probe card demand in both Foundry and Logic markets remain a major positive. Its stock has outperformed the industry it belongs to over a year. " (5/7/2019)
  • 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?

News coverage about FORM stock has been trending negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news 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 daily sentiment score of -2.7 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Who are some of FormFactor's key competitors?

What other stocks do shareholders of FormFactor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FormFactor investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Cisco Systems (CSCO), Extreme Networks (EXTR), Alibaba Group (BABA), Netflix (NFLX), FireEye (FEYE), Ultra Clean (UCTT) and Adobe (ADBE).

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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.89%), Wellington Management Group LLP (9.38%), Dimensional Fund Advisors LP (6.76%), Primecap Management Co. CA (6.16%), Victory Capital Management Inc. (2.63%) and Peregrine Capital Management LLC (2.19%). Company insiders that own FormFactor stock include Dennis Thomas St, Kelley Steven-Waiss, Michael M Ludwig, Michael W Zellner, 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 Wellington Management Group LLP, Dimensional Fund Advisors LP, IndexIQ Advisors LLC, Peregrine Capital Management LLC, Teton Advisors Inc., Crosslink Capital Inc., JPMorgan Chase & Co. and Royce & Associates LP. Company insiders that have sold FormFactor company stock in the last year include Dennis Thomas St, Kelley Steven-Waiss, Michael W Zellner, Raymond A Link and Richard Delateur. View Insider Buying and Selling for FormFactor.

Which major investors are buying FormFactor stock?

FORM stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, State of Wisconsin Investment Board, BlackRock Inc., Pinebridge Investments L.P., Geode Capital Management LLC, Renaissance Technologies LLC and Goldman Sachs Group 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, Scottrade, Fidelity and Charles Schwab.

What is FormFactor's stock price today?

One share of FORM stock can currently be purchased for approximately $14.68.

How big of a company is FormFactor?

FormFactor has a market capitalization of $1.09 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.

What is FormFactor's official website?

The official website for FormFactor is http://www.formfactor.com/.

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)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  362 (Vote Outperform)
Underperform Votes:  256 (Vote Underperform)
Total Votes:  618
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.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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