FormFactor (FORM) – Research Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of FormFactor (NASDAQ: FORM) recently:

• 2/6/2025 – FormFactor was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $34.00 price target on the stock, down previously from $64.00.
• 2/6/2025 – FormFactor had its price target lowered by analysts at Evercore ISI from $50.00 to $43.00. They now have an “in-line” rating on the stock.
• 2/6/2025 – FormFactor had its price target lowered by analysts at Stifel Nicolaus from $48.00 to $42.00. They now have a “hold” rating on the stock.
• 2/6/2025 – FormFactor had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 1/13/2025 – FormFactor was downgraded by analysts at Needham & Company LLC from a “buy” rating to a “hold” rating.
• 1/6/2025 – FormFactor was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $51.00 price target on the stock, up previously from $44.00.

FormFactor Trading Up 2.9 %

Shares of FormFactor stock opened at $37.80 on Tuesday. The company’s fifty day moving average price is $42.20 and its two-hundred day moving average price is $43.32. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.61 and a quick ratio of 3.94. FormFactor, Inc. has a 52-week low of $32.71 and a 52-week high of $63.63. The firm has a market capitalization of $2.93 billion, a PE ratio of 42.47 and a beta of 1.07.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.14). FormFactor had a return on equity of 5.93% and a net margin of 9.12%. On average, analysts expect that FormFactor, Inc. will post 1.23 EPS for the current year.

Insiders Place Their Bets

In other FormFactor news, CEO Mike Slessor sold 4,000 shares of FormFactor stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $38.98, for a total transaction of $155,920.00. Following the transaction, the chief executive officer now directly owns 518,531 shares of the company’s stock, valued at approximately $20,212,338.38. This trade represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last three months, insiders have sold 12,000 shares of company stock worth $496,040. Corporate insiders own 0.96% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in FormFactor by 45.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 164,585 shares of the semiconductor company’s stock worth $7,242,000 after buying an additional 51,487 shares during the period. Vident Advisory LLC increased its stake in shares of FormFactor by 21.5% in the fourth quarter. Vident Advisory LLC now owns 6,140 shares of the semiconductor company’s stock worth $270,000 after acquiring an additional 1,088 shares during the period. Soviero Asset Management LP purchased a new position in shares of FormFactor during the 4th quarter valued at about $3,256,000. State of Wyoming lifted its holdings in FormFactor by 214.6% in the fourth quarter. State of Wyoming now owns 9,680 shares of the semiconductor company’s stock valued at $426,000 after acquiring an additional 6,603 shares during the period. Finally, Select Equity Group L.P. purchased a new stake in FormFactor during the fourth quarter worth $2,719,000. Institutional investors own 98.76% of the company’s stock.

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.