The stock of FormFactor Inc. (FORM) has gone up by 7.55% for the week, with a 40.60% rise in the past month and a 42.34% rise in the past quarter. The volatility ratio for the week is 3.46%, and the volatility levels for the past 30 days are 3.67% for FORM. The simple moving average for the past 20 days is 10.72% for FORM’s stock, with a 47.56% simple moving average for the past 200 days.
Is It Worth Investing in FormFactor Inc. (NASDAQ: FORM) Right Now?
FormFactor Inc. (NASDAQ: FORM) has a price-to-earnings ratio that is above its average at 44.74x. The stock has a 36-month beta value of 1.14. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for FORM is 76.49M, and at present, short sellers hold a 3.22% of that float. On May 24, 2024, the average trading volume of FORM was 518.49K shares.
FORM) stock’s latest price update
FormFactor Inc. (NASDAQ: FORM) has experienced a decline in its stock price by -1.56 compared to its previous closing price of 59.59. However, the company has seen a gain of 7.55% in its stock price over the last five trading days. globenewswire.com reported 2024-05-16 that LIVERMORE, Calif., May 16, 2024 (GLOBE NEWSWIRE) — FormFactor, Inc. (Nasdaq: FORM) is pleased to announce its participation in the following investor conferences:
Analysts’ Opinion of FORM
Many brokerage firms have already submitted their reports for FORM stocks, with TD Cowen repeating the rating for FORM by listing it as a “Hold.” The predicted price for FORM in the upcoming period, according to TD Cowen is $48 based on the research report published on May 02, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see FORM reach a price target of $50. The rating they have provided for FORM stocks is “In-line” according to the report published on April 16th, 2024.
TD Cowen gave a rating of “Market Perform” to FORM, setting the target price at $37 in the report published on February 08th of the current year.
FORM Trading at 23.38% from the 50-Day Moving Average
After a stumble in the market that brought FORM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.32% of loss for the given period.
Volatility was left at 3.67%, however, over the last 30 days, the volatility rate increased by 3.46%, as shares surge +33.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.84% upper at present.
During the last 5 trading sessions, FORM rose by +7.55%, which changed the moving average for the period of 200-days by +72.33% in comparison to the 20-day moving average, which settled at $53.72. In addition, FormFactor Inc. saw 40.64% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FORM starting from WHITE BRIAN C, who sale 3,290 shares at the price of $57.00 back on May 20 ’24. After this action, WHITE BRIAN C now owns 11,828 shares of FormFactor Inc., valued at $187,530 using the latest closing price.
MAIER LOTHAR, the Director of FormFactor Inc., sale 99,723 shares at $55.08 during a trade that took place back on May 14 ’24, which means that MAIER LOTHAR is holding 6,770 shares at $5,492,723 based on the most recent closing price.
Stock Fundamentals for FORM
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.39 for the gross margin
The net margin for FormFactor Inc. stands at 0.15. The total capital return value is set at 0.01. Equity return is now at value 11.76, with 9.61 for asset returns.
Based on FormFactor Inc. (FORM), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 3.81. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -6.33.
Currently, EBITDA for the company is 56.1 million with net debt to EBITDA at -3.61. When we switch over and look at the enterprise to sales, we see a ratio of 6.59. The receivables turnover for the company is 6.53for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.51.
Conclusion
To sum up, FormFactor Inc. (FORM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
