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

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

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

Other research analysts also recently issued reports about the company. TheStreet raised FormFactor from a “c” rating to a “b-” rating in a research note on Thursday, February 8th. StockNews.com downgraded FormFactor from a “buy” rating to a “hold” rating in a research note on Friday. Needham & Company LLC reaffirmed a “buy” rating and set a $46.00 price target on shares of FormFactor in a research note on Thursday, February 8th. Evercore ISI initiated coverage on FormFactor in a research note on Tuesday. They set an “in-line” rating and a $50.00 price target on the stock. Finally, TD Cowen upped their price target on FormFactor from $33.00 to $37.00 and gave the stock a “market perform” rating in a research note on Thursday, February 8th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $42.56.

FormFactor Stock Down 3.2 %

Shares of NASDAQ:FORM opened at $40.76 on Thursday. The company has a market capitalization of $3.16 billion, a price-to-earnings ratio of 38.45 and a beta of 1.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.38 and a quick ratio of 3.52. The business’s 50-day moving average is $43.57 and its 200-day moving average is $39.82. FormFactor has a 1 year low of $24.88 and a 1 year high of $47.94.

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 Friday, March 1st. The stock was sold at an average price of $43.38, for a total transaction of $173,520.00. Following the completion of the sale, the chief executive officer now directly owns 499,781 shares of the company’s stock, valued at approximately $21,680,499.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CFO Shai Shahar sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $44.51, for a total value of $445,100.00. Following the completion of the transaction, the chief financial officer now directly owns 27,591 shares of the company’s stock, valued at $1,228,075.41. The transaction was disclosed in a 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 Friday, March 1st. The shares were sold at an average price of $43.38, for a total value of $173,520.00. Following the completion of the transaction, the chief executive officer now directly owns 499,781 shares of the company’s stock, valued at $21,680,499.78. The disclosure for this sale can be found here. In the last ninety days, insiders sold 28,000 shares of company stock valued at $1,223,580. Corporate insiders own 0.96% of the company’s stock.

Hedge Funds Weigh In On FormFactor

Institutional investors have recently modified their holdings of the business. Tudor Investment Corp Et Al grew its holdings in shares of FormFactor by 368.7% in the third quarter. Tudor Investment Corp Et Al now owns 83,760 shares of the semiconductor company’s stock valued at $2,927,000 after acquiring an additional 65,889 shares in the last quarter. Dark Forest Capital Management LP grew its holdings in shares of FormFactor by 240.4% in the third quarter. Dark Forest Capital Management LP now owns 23,649 shares of the semiconductor company’s stock valued at $826,000 after acquiring an additional 16,702 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of FormFactor by 2.4% in the third quarter. Vanguard Group Inc. now owns 9,759,801 shares of the semiconductor company’s stock valued at $341,007,000 after acquiring an additional 224,599 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of FormFactor by 5.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 815,716 shares of the semiconductor company’s stock valued at $28,501,000 after acquiring an additional 45,248 shares in the last quarter. Finally, QRG Capital Management Inc. bought a new position in shares of FormFactor in the third quarter valued at approximately $301,000. 98.76% of the stock is owned by institutional investors.

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.