What is DA Davidson’s Forecast for FormFactor Q1 Earnings?

FormFactor, Inc. (NASDAQ:FORM) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share estimates for FormFactor in a research report issued on Thursday, February 6th. DA Davidson analyst T. Diffely anticipates that the semiconductor company will post earnings per share of $0.09 for the quarter. The consensus estimate for FormFactor’s current full-year earnings is $1.23 per share. DA Davidson also issued estimates for FormFactor’s FY2025 earnings at $0.90 EPS and FY2026 earnings at $1.60 EPS.

Several other equities analysts also recently commented on FORM. Stifel Nicolaus cut their price target on shares of FormFactor from $48.00 to $42.00 and set a “hold” rating on the stock in a report on Thursday, February 6th. Evercore ISI decreased their target price on FormFactor from $50.00 to $43.00 and set an “in-line” rating for the company in a research report on Thursday, February 6th. TD Cowen decreased their price objective on shares of FormFactor from $60.00 to $44.00 and set a “hold” rating for the company in a report on Thursday, October 31st. B. Riley downgraded shares of FormFactor from a “buy” rating to a “neutral” rating and decreased their price target for the company from $64.00 to $34.00 in a research note on Thursday, February 6th. Finally, Citigroup raised FormFactor from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $44.00 to $51.00 in a research note on Monday, January 6th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $48.50.

FormFactor Trading Down 2.1 %

FORM stock opened at $34.99 on Monday. FormFactor has a twelve month low of $32.71 and a twelve month high of $63.63. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 39.32 and a beta of 1.07. The company has a quick ratio of 3.94, a current ratio of 4.61 and a debt-to-equity ratio of 0.01. The firm’s fifty day simple moving average is $42.61 and its two-hundred day simple moving average is $43.71.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, February 5th. The semiconductor company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.14). FormFactor had a return on equity of 5.93% and a net margin of 9.12%.

Insider Buying and Selling at FormFactor

In other FormFactor news, CEO Mike Slessor sold 4,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $44.44, for a total value of $177,760.00. Following the completion of the sale, the chief executive officer now owns 522,531 shares of the company’s stock, valued at approximately $23,221,277.64. This trade represents a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 12,000 shares of company stock worth $496,040 over the last quarter. Insiders own 0.96% of the company’s stock.

Institutional Trading of FormFactor

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in shares of FormFactor by 4.8% during the fourth quarter. Vanguard Group Inc. now owns 10,581,258 shares of the semiconductor company’s stock worth $465,575,000 after buying an additional 484,176 shares during the period. State Street Corp grew its stake in FormFactor by 1.4% during the 3rd quarter. State Street Corp now owns 2,913,463 shares of the semiconductor company’s stock valued at $134,019,000 after purchasing an additional 39,784 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of FormFactor by 3.7% in the third quarter. Geode Capital Management LLC now owns 2,067,174 shares of the semiconductor company’s stock valued at $95,105,000 after purchasing an additional 73,982 shares during the period. Royce & Associates LP raised its stake in shares of FormFactor by 30.1% in the fourth quarter. Royce & Associates LP now owns 1,757,086 shares of the semiconductor company’s stock worth $77,312,000 after purchasing an additional 406,768 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of FormFactor by 34.5% during the fourth quarter. Sei Investments Co. now owns 1,595,498 shares of the semiconductor company’s stock worth $70,202,000 after purchasing an additional 409,304 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

About FormFactor

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.