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Formfactor (FORM)
NASDAQ:FORM
Formfactor (FORM) Stock Price & Analysis
574 Followers
FORM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.50 - $63.63
Previous Close$60.25
Volume479.78K
Average Volume (3M)623.64K
Market Cap
$4.58B
Enterprise Value$4.28B
Total Cash (Recent Filing)$349.16M
Total Debt (Recent Filing)$45.80M
Price to Earnings (P/E)46.0
Beta1.29
Next Earnings
Jul 31, 2024EPS Estimate
$0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.31
Shares Outstanding77,170,041
10 Day Avg. Volume600,929
30 Day Avg. Volume623,636
Standard Deviation0.11
R-Squared0.26
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)6.28
Price to Sales (P/S)26.59
Price to Cash Flow (P/CF)33.90
P/FCF Ratio50.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.44
Enterprise Value/Gross Profit16.54
Enterprise Value/Ebitda62.62
Forecast
1Y Price Target
$55.20Price Target Upside-3.02% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Formfactor News
Bulls Say, Bears Say
Bulls Say
Earnings And PerformanceThere is more confidence that FORM can reach its $850MM revenue and $2.00 EPS targets in 2025.
Market PositionFORM has 100% share at SK Hynix for HBM and won some HBM business at Samsung or 10%+ sales customer.
Revenue GuidanceFormFactor delivered a surprisingly strong print and offered 2Q24 revenue guidance 16% higher sequentially at the midpoint.
Bears Say
Earnings VolatilityFORM has a concentrated customer base and high fixed cost structure, leading to volatility in earnings.
Geopolitical RisksRisks for FORM include exposure to China and geopolitical risks that could affect trade and manufacturing.
Market CompetitionThe foundry logic probe card market has become more competitive, impacting FORM's market position.
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Ownership Overview
4.90% Insiders
38.39% Mutual Funds
29.01% Other Institutional Investors
27.70% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FORM FAQ
What was Formfactor’s price range in the past 12 months?
Formfactor lowest stock price was $29.50 and its highest was $63.63 in the past 12 months.
What is Formfactor’s market cap?
Currently, no data Available
When is Formfactor’s upcoming earnings report date?
Formfactor’s upcoming earnings report date is Jul 31, 2024 which is in 7 days.
How were Formfactor’s earnings last quarter?
Formfactor released its earnings results on May 01, 2024. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.19 by -$0.01.
Is Formfactor overvalued?
According to Wall Street analysts Formfactor’s price is currently Overvalued.
Does Formfactor pay dividends?
Formfactor does not currently pay dividends.
What is Formfactor’s EPS estimate?
Formfactor’s EPS estimate is $0.31.
How many shares outstanding does Formfactor have?
Formfactor has 77,170,044 shares outstanding.
What happened to Formfactor’s price movement after its last earnings report?
Formfactor reported an EPS of $0.18 in its last earnings report, missing expectations of $0.19. Following the earnings report the stock price went up 17.64%.
Which hedge fund is a major shareholder of Formfactor?
Among the largest hedge funds holding Formfactor’s share is PRIMECAP Management Co. It holds Formfactor’s shares valued at 138M.
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Formfactor Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$55.20 (-3.02% Downside)
$55.20 (-3.02% Downside)
Blogger Sentiment
Bullish
FORM Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 208.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.8%
Last 30 Days ▲ 34.9%
Last 30 Days ▲ 34.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
72.63%
12-Months-Change
Fundamentals
Return on Equity
11.76%
Trailing 12-Months
Asset Growth
9.81%
Trailing 12-Months
Company Description
Formfactor
FormFactor, Inc. engages in the provision of test and measurement solutions. It operates through the following segments: Probe Cards and Systems. The Probe Cards segment consists of technologies and product architectures, including micro-electromechanical systems technologies. The Systems segment comprises of analytical probe solutions for on-wafer probing, board test, and package test. FormFactor was founded by Igor Khandros on April 15, 1993 and is headquartered in Livermore, CA.
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FORM Company Deck
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FORM Earnings Call
Q1 2024
0:00 / 0:00
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FORM Stock 12 Month Forecast
Average Price Target
$55.20
▼(-3.02% Downside)
Technical Analysis
Best Analysts Covering FORM
1 Year
1 Year Success Rate
20/22 ratings generated profit
1 Year Average Return
+46.30%
assigned a buy rating 23 days ago
Copying Christian Schwab's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +46.30% per trade.
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