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 - NEC
  • Sub-Industry: Semiconductor Equipment
  • Symbol: NASDAQ:FORM
  • CUSIP: 34637510
  • Web:
  • Market Cap: $970.03 million
  • Outstanding Shares: 72,121,000
Average Prices:
  • 50 Day Moving Avg: $13.32
  • 200 Day Moving Avg: $12.28
  • 52 Week Range: $8.55 - $15.58
  • Trailing P/E Ratio: 73.90
  • Foreward P/E Ratio: 11.40
  • P/E Growth: 0.62
Sales & Book Value:
  • Annual Revenue: $459.1 million
  • Price / Sales: 2.11
  • Book Value: $5.80 per share
  • Price / Book: 2.32
  • EBIDTA: $35.9 million
  • Net Margins: 2.71%
  • Return on Equity: 11.02%
  • Return on Assets: 7.03%
  • Debt-to-Equity Ratio: 0.28%
  • Current Ratio: 3.02%
  • Quick Ratio: 2.35%
  • Average Volume: 905,798 shs.
  • Beta: 1.6
  • Short Ratio: 1.34

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 announced that its board has approved a stock repurchase program on Monday, April 10th 2017, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

How were FormFactor's earnings last quarter?

FormFactor, Inc. (NASDAQ:FORM) announced its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.04. The business had revenue of $128.80 million for the quarter, compared to analyst estimates of $124.07 million. FormFactor had a net margin of 2.71% and a return on equity of 11.02%. FormFactor's quarterly revenue was up 140.3% on a year-over-year basis. During the same quarter last year, the business posted ($0.11) earnings per share. View FormFactor's Earnings History.

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

FormFactor issued an update on its second quarter earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $0.24-$0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.22. The company issued revenue guidance of $130-$138 million, compared to the consensus revenue estimate of $125.47 million.

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

7 brokers have issued 1 year target prices for FormFactor's stock. Their predictions range from $14.00 to $18.00. On average, they expect FormFactor's stock price to reach $15.71 in the next twelve months. 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 first quarter results. Over the last one year, the stock has outperformed te Zacks Electronics-Semiconductor industry. 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." (7/4/2017)
  • 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

Who owns FormFactor stock?

FormFactor's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (2.63%), Fisher Asset Management LLC (0.55%), Bank of Montreal Can (0.51%), Alpha Windward LLC (0.05%) and Sheets Smith Wealth Management (0.03%). Company insiders that own FormFactor stock include Dennis Thomas St, Edward Rogas Jr, Michael M Ludwig, Mike Slessor, Raymond A Link and Richard Delateur. View Institutional Ownership Trends for FormFactor.

Who sold FormFactor stock? Who is selling FormFactor stock?

FormFactor's stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. Company insiders that have sold FormFactor stock in the last year include Dennis Thomas St, Edward Rogas Jr and Richard Delateur. View Insider Buying and Selling for FormFactor.

Who bought FormFactor stock? Who is buying FormFactor stock?

FormFactor's stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Fisher Asset Management LLC, Alpha Windward LLC and Sheets Smith Wealth Management. View Insider Buying and Selling for FormFactor.

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 $13.45.

MarketBeat Community Rating for FormFactor (NASDAQ FORM)
Community Ranking:  3.3 out of 5 (  )
Outperform Votes:  216 (Vote Outperform)
Underperform Votes:  108 (Vote Underperform)
Total Votes:  324
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, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $15.71 (16.83% upside)

Analysts' Ratings History for FormFactor (NASDAQ:FORM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/1/2017B. RileyReiterated RatingBuy$17.00LowView Rating Details
6/22/2017Needham & Company LLCReiterated RatingBuy$16.00MediumView 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
1/11/2017DA DavidsonBoost Price TargetBuy$12.00 -> $15.00N/AView Rating Details
9/22/2016Craig HallumInitiated CoverageBuy$14.00N/AView Rating Details
7/21/2015Summit ResearchReiterated RatingBuyN/AView Rating Details
(Data available from 7/20/2015 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
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: 2.84%
Institutional Ownership Percentage: 88.28%
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
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 logoBidaskClub Upgrades FormFactor, Inc. (NASDAQ:FORM) to Hold - July 16 at 2:20 PM logo$134.28 Million in Sales Expected for FormFactor, Inc. (FORM) This Quarter - July 16 at 8:28 AM logo Brokerages Anticipate FormFactor, Inc. (FORM) to Post $0.24 EPS - July 14 at 2:51 PM logoFormFactor, Inc. (NASDAQ:FORM) Given Average Rating of "Buy" by Brokerages - July 10 at 9:10 AM logoFormFactor, Inc. (FORM) Downgraded by BidaskClub - July 7 at 12:04 AM logoFormFactor, Inc. (FORM) Lowered to Hold at Zacks Investment Research - July 4 at 3:30 PM logoB. Riley Reiterates Buy Rating for FormFactor, Inc. (FORM) - July 1 at 8:56 AM logoFormFactor, Inc. (FORM) Stock Rating Reaffirmed by B. Riley - June 26 at 11:22 PM logoFormFactor, Inc. (FORM) Receives Buy Rating from Needham & Company LLC - June 23 at 12:24 AM logoFormFactor, Inc. (FORM) Expected to Post Quarterly Sales of $134.28 Million - June 22 at 11:10 AM logoFormFactor, Inc. breached its 50 day moving average in a Bearish Manner : FORM-US : June 21, 2017 - June 21 at 6:50 PM logoFormFactor, Inc. (FORM) Expected to Announce Earnings of $0.24 Per Share - June 20 at 12:30 PM logoFormFactor, Inc. to Update Company Strategy at June 28th Analyst Call - June 15 at 5:35 PM logoFormFactor's (FORM) Buy Rating Reaffirmed at Sidoti - June 14 at 5:20 PM logoFormFactor, Inc. (FORM) Receives Consensus Rating of "Buy" from Analysts - June 13 at 9:46 AM logoFormFactor, Inc. (FORM) Receives "Neutral" Rating from Citigroup Inc. - June 11 at 8:58 PM logoWhy FormFactor, Inc. Stock Rose 32% in May - June 10 at 10:45 AM logoIs the Time Ripe to Build Position in Marvell Technology? - June 9 at 10:27 AM logoFormFactor Named as a VLSIresearch 10 BEST Supplier of Chip Making Equipment in Annual Customer Satisfaction Survey - June 8 at 6:16 PM logoFormFactor, Inc. (FORM) Director Sells $4,168,715.13 in Stock - June 6 at 7:26 PM logoWhy Is FormFactor (FORM) Up 6.9% Since the Last Earnings Report? - June 6 at 5:31 AM logoFormFactor (FORM) Presents At Cowen And Company 45th Annual Technology, Media & Telecom Conference - Slideshow - June 5 at 5:23 PM logoEarnings Estimates Moving Higher for FormFactor (FORM): Time to Buy? - June 5 at 11:12 AM logoFormFactor, Inc. (FORM) Raised to Buy at ValuEngine - June 4 at 4:20 PM logoETFs with exposure to FormFactor, Inc. : May 26, 2017 - May 26 at 5:55 PM logoFormFactor, Inc. (FORM) Short Interest Down 16.8% in May - May 26 at 7:10 AM logoFormFactor, Inc. :FORM-US: Earnings Analysis: Q1, 2017 By the Numbers : May 25, 2017 - May 25 at 7:28 PM logoFormFactor, Inc. (FORM) Expected to Post Earnings of $0.24 Per Share - May 25 at 8:07 AM logoBull trend intact: S&P 500 absorbs the May whipsaw - May 23 at 4:57 PM logoFormFactor Announces Participation at Upcoming Conferences - May 23 at 4:57 PM logoTrade of the Day: FormFactor, Inc. (NASDAQ:FORM) - May 23 at 7:37 AM logoWhy FormFactor (FORM) Could Be an Impressive Growth Stock - May 22 at 11:29 AM logoFormFactor, Inc. (FORM) Given Consensus Rating of "Buy" by Analysts - May 19 at 11:46 AM logoFormFactor Awarded Texas Instruments Supplier Excellence Award - May 19 at 7:14 AM logoFormFactor, Inc. (FORM) Director Richard Delateur Sells 45,262 Shares - May 18 at 7:47 PM logoEdward Rogas, Jr. Sells 6,000 Shares of FormFactor, Inc. (FORM) Stock - May 17 at 11:15 PM logoStratasys (SSYS) Q1 Loss and Revenues in Line with Estimates - May 17 at 10:40 AM logoFormFactor, Inc. (FORM) Raised to B- at TheStreet - May 15 at 12:34 AM logoFormFactor, Inc. (FORM) Director Richard Delateur Sells 80,000 Shares - May 10 at 10:44 PM logoFormFactor, Inc. (FORM) Rating Reiterated by B. Riley - May 9 at 8:04 PM logoFormFactor, Inc. (FORM) Director Sells $854,951.76 in Stock - May 9 at 7:20 PM logoFormFactor (FORM) Earnings and Revenues Top Estimates in Q1 - May 9 at 10:41 AM logoFormFactor, Inc. (FORM) Stock Rating Upgraded by Zacks Investment Research - May 8 at 3:34 PM logoFY2017 EPS Estimates for FormFactor, Inc. (FORM) Lifted by Analyst - May 8 at 10:06 AM logoQ2 2017 EPS Estimates for FormFactor, Inc. (FORM) Lifted by Analyst - May 8 at 8:21 AM logoFormFactor Inc. (FORM) Surged To A New High On Q1 Results - May 5 at 5:28 PM logoFormFactor, Inc.: Strong price momentum but will it sustain? - May 5 at 5:28 PM logoInvestor Network: FormFactor, Inc. to Host Earnings Call - May 5 at 3:32 AM logoFormFactor, Inc. Kicks Off 2017 on a High Note - May 4 at 6:34 PM logoWhy Square, FormFactor, and Air Transport Services Group Jumped Today - May 4 at 5:23 PM



FormFactor (FORM) Chart for Thursday, July, 20, 2017

This page was last updated on 7/20/2017 by Staff