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Formfactor (FORM)
NASDAQ:FORM
Holding FORM?
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FORM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$31.51 - $63.63
Previous Close$44.78
Volume303.07K
Average Volume (3M)699.14K
Market Cap
$3.37B
Enterprise Value$3.15B
Total Cash (Recent Filing)$357.62M
Total Debt (Recent Filing)$43.54M
Price to Earnings (P/E)28.9
Beta1.68
Next Earnings
Oct 23, 2024EPS Estimate
$0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.55
Shares Outstanding77,389,392
10 Day Avg. Volume540,238
30 Day Avg. Volume699,139
Standard Deviation0.12
R-Squared0.24
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)3.66
Price to Sales (P/S)4.70
Price to Cash Flow (P/CF)37.90
P/FCF Ratio50.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.54
Enterprise Value/Gross Profit12.19
Enterprise Value/Ebitda39.10
Forecast
1Y Price Target
$60.00Price Target Upside37.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Formfactor News
Bulls Say, Bears Say
Bulls Say
Earnings PotentialThere is more confidence that FORM can reach its $850MM revenue and $2.00 EPS targets in 2025.
Market DemandManagement sees sustained strength in HBM demand, strong demand across client and server microprocessors at Intel, plus an Android mobile processor refresh driving the expected strong sequential growth in 2Q24.
Revenue GrowthRevenue is expected to return to $200MM/qtr in 3Q24, the first time since 2Q22.
Bears Say
Operational VisibilityProbe card lead times under a quarter limit visibility.
Profit MarginsNear-term margin pressure given higher memory (& DDR5) mix.
Stock ValuationMaintain Neutral rating on valuation.
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Ownership Overview
4.97% Insiders
39.11% Mutual Funds
53.61% Other Institutional Investors
2.31% 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 $31.51 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 Oct 23, 2024 which is in 32 days.
How were Formfactor’s earnings last quarter?
Formfactor released its earnings results on Jul 31, 2024. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.313 by $0.037.
Is Formfactor overvalued?
According to Wall Street analysts Formfactor’s price is currently Undervalued.
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 77,389,390 shares outstanding.
What happened to Formfactor’s price movement after its last earnings report?
Formfactor reported an EPS of $0.35 in its last earnings report, beating expectations of $0.313. Following the earnings report the stock price went down -11.781%.
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 174M.
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Formfactor Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$60.00 (37.84% Upside)
$60.00 (37.84% Upside)
Blogger Sentiment
Bullish
FORM Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 440.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $283.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
33.31%
12-Months-Change
Fundamentals
Return on Equity
13.62%
Trailing 12-Months
Asset Growth
12.79%
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
Q2 2024
0:00 / 0:00
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FORM Stock 12 Month Forecast
Average Price Target
$60.00
▲(37.84% Upside)
Technical Analysis
Best Analysts Covering FORM
1 Year
1 Year Success Rate
19/24 ratings generated profit
1 Year Average Return
+29.56%
assigned a buy rating 4 days ago
Copying Christian Schwab's trades and holding each position for 1 Year would result in 79.17% of your transactions generating a profit, with an average return of +29.56% per trade.
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