Zacks Research Comments on FormFactor, Inc.’s Q1 2025 Earnings (NASDAQ:FORM)

FormFactor, Inc. (NASDAQ:FORM) – Stock analysts at Zacks Research boosted their Q1 2025 earnings per share estimates for shares of FormFactor in a report issued on Wednesday, April 17th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings of $0.17 per share for the quarter, up from their previous estimate of $0.16. The consensus estimate for FormFactor’s current full-year earnings is $0.63 per share.

Several other research firms also recently commented on FORM. TheStreet raised FormFactor from a “c” rating to a “b-” rating in a research note on Thursday, February 8th. StockNews.com raised FormFactor from a “hold” rating to a “buy” rating in a research note on Thursday, April 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $46.00 price objective on shares of FormFactor in a research note on Thursday, February 8th. TD Cowen upped their price objective on FormFactor from $33.00 to $37.00 and gave the company a “market perform” rating in a research note on Thursday, February 8th. Finally, Evercore ISI began coverage on FormFactor in a research note on Tuesday. They set an “in-line” rating and a $50.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $42.56.

FormFactor Stock Down 3.0 %

FormFactor stock opened at $42.97 on Thursday. FormFactor has a fifty-two week low of $24.88 and a fifty-two week high of $47.94. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.52 and a current ratio of 4.38. The company has a market capitalization of $3.33 billion, a P/E ratio of 40.54 and a beta of 1.18. The stock has a 50-day simple moving average of $43.55 and a 200-day simple moving average of $39.75.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, February 7th. The semiconductor company reported $0.09 earnings per share for the quarter, meeting the consensus estimate of $0.09. FormFactor had a return on equity of 2.43% and a net margin of 12.42%. The business had revenue of $168.16 million during the quarter, compared to the consensus estimate of $165.49 million.

Institutional Investors Weigh In On FormFactor

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Ausbil Investment Management Ltd lifted its stake in FormFactor by 79.6% in the 1st quarter. Ausbil Investment Management Ltd now owns 8,938 shares of the semiconductor company’s stock valued at $414,000 after buying an additional 3,961 shares in the last quarter. Riverview Trust Co purchased a new stake in FormFactor in the 1st quarter valued at approximately $28,000. GAMMA Investing LLC lifted its stake in FormFactor by 30.4% in the 1st quarter. GAMMA Investing LLC now owns 1,860 shares of the semiconductor company’s stock valued at $85,000 after buying an additional 434 shares in the last quarter. Wellington Management Group LLP lifted its stake in FormFactor by 81.1% in the 4th quarter. Wellington Management Group LLP now owns 1,927,281 shares of the semiconductor company’s stock valued at $80,387,000 after buying an additional 862,885 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its stake in FormFactor by 74.5% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 42,840 shares of the semiconductor company’s stock valued at $1,787,000 after buying an additional 18,293 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Insiders Place Their Bets

In other FormFactor news, CEO Mike Slessor sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $45.94, for a total transaction of $183,760.00. Following the transaction, the chief executive officer now owns 495,781 shares in the company, valued at approximately $22,776,179.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO Shai Shahar sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $42.12, for a total value of $421,200.00. Following the sale, the chief financial officer now owns 67,141 shares in the company, valued at approximately $2,827,978.92. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Mike Slessor sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $45.94, for a total value of $183,760.00. Following the completion of the sale, the chief executive officer now owns 495,781 shares in the company, valued at approximately $22,776,179.14. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,000 shares of company stock worth $1,223,580. Company insiders own 0.96% of the company’s stock.

FormFactor Company Profile

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.