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Formfactor (FORM)
NASDAQ:FORM
Formfactor (FORM) Stock Price & Analysis
553 Followers
FORM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$24.88 - $51.90
Previous Close$51.75
Volume1.05M
Average Volume (3M)505.77K
Market Cap
$3.41B
Enterprise Value$3.82B
Total Cash (Recent Filing)$244.42M
Total Debt (Recent Filing)$47.76M
Price to Earnings (P/E)39.4
Beta1.28
Next Earnings
Jul 24, 2024EPS Estimate
$0.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.31
Shares Outstanding77,598,433
10 Day Avg. Volume623,379
30 Day Avg. Volume505,767
Standard Deviation0.12
R-Squared0.28
Alpha0.00888
Financial Highlights & Ratios
Price to Book (P/B)4.91
Price to Sales (P/S)5.37
Price to Cash Flow (P/CF)92.30
P/FCF Ratio225.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.72
Enterprise Value/Gross Profit12.90
Enterprise Value/Ebitda102.59
Forecast
1Y Price Target
$51.57Price Target Upside-4.50% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Formfactor News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceFormFactor delivered a surprisingly strong print and offered revenue guidance 16% higher sequentially, which would mark the strongest growth since 4Q19.
Market PositionFORM has 100% share at SK Hynix for HBM and won some HBM biz at Samsung or 10%+ sales customer.
Product DemandThe growth of HBM, which accounts for ~15% of FORM's revenue, is expected to continue into the second half of the year.
Bears Say
Customer Concentration & CostsFORM 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
5.02% Insiders
37.44% Mutual Funds
29.50% Other Institutional Investors
28.03% 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 $24.88 and its highest was $51.90 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 24, 2024 which is in 80 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 $0.29.
How many shares outstanding does Formfactor have?
Formfactor has 77,598,434 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 126M.
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Formfactor Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$51.57 (-4.50% Downside)
$51.57 (-4.50% Downside)
Blogger Sentiment
Bullish
FORM Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 383.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $866.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
90.25%
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 Months Forecast
Average Price Target
$51.57
▼(-4.50% Downside)
Technical Analysis
Best Analysts Covering FORM
1 Year
1 Year Success Rate
18/20 ratings generated profit
1 Year Average Return
+30.54%
reiterated a buy rating 3 days ago
Copying Christian Schwab's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +30.54% per trade.
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