The price-to-earnings ratio for FormFactor Inc (NASDAQ: FORM) is 25.24x, which is above its average ratio. Moreover, the 36-month beta value for FORM is 1.07. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for FORM is 76.76M and currently, short sellers hold a 4.18% of that float. On January 08, 2025, FORM’s average trading volume was 791.77K shares.
FORM) stock’s latest price update
The stock price of FormFactor Inc (NASDAQ: FORM) has plunged by -7.56 when compared to previous closing price of 47.24, but the company has seen a -0.75% decline in its stock price over the last five trading sessions. invezz.com reported 2025-01-06 that Correction in chip equipment stocks has caused a buying opportunity, Citi said on Monday, with stocks in the sector now trading at a discount to both the benchmark S&P 500 and the PHLX Semiconductor Index.
FORM’s Market Performance
FormFactor Inc (FORM) has seen a -0.75% fall in stock performance for the week, with a 3.31% gain in the past month and a -6.03% plunge in the past quarter. The volatility ratio for the week is 4.35%, and the volatility levels for the past 30 days are at 5.07% for FORM. The simple moving average for the last 20 days is -1.87% for FORM stock, with a simple moving average of -9.32% for the last 200 days.
Analysts’ Opinion of FORM
Many brokerage firms have already submitted their reports for FORM stocks, with Citigroup repeating the rating for FORM by listing it as a “Buy.” The predicted price for FORM in the upcoming period, according to Citigroup is $51 based on the research report published on January 06, 2025 of the current year 2025.
TD Cowen, on the other hand, stated in their research note that they expect to see FORM reach a price target of $44, previously predicting the price at $60. The rating they have provided for FORM stocks is “Hold” according to the report published on October 31st, 2024.
TD Cowen gave a rating of “Hold” to FORM, setting the target price at $60 in the report published on August 01st of the previous year.
FORM Trading at 3.14% 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 -31.36% of loss for the given period.
Volatility was left at 5.07%, however, over the last 30 days, the volatility rate increased by 4.35%, as shares surge +1.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.01% lower at present.
During the last 5 trading sessions, FORM fell by -1.27%, which changed the moving average for the period of 200-days by +0.35% in comparison to the 20-day moving average, which settled at $44.49. In addition, FormFactor Inc saw -0.75% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FORM starting from SLESSOR MIKE, who sale 4,000 shares at the price of $44.44 back on Jan 02 ’25. After this action, SLESSOR MIKE now owns 522,531 shares of FormFactor Inc, valued at $177,772 using the latest closing price.
MIKE SLESSOR, the Officer of FormFactor Inc, proposed sale 4,000 shares at $44.44 during a trade that took place back on Jan 02 ’25, which means that MIKE SLESSOR is holding shares at $177,762 based on the most recent closing price.
Stock Fundamentals for FORM
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.41 for the gross margin
The net margin for FormFactor Inc stands at 0.18. The total capital return value is set at 0.04. Equity return is now at value 15.12, with 12.42 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 4.11.
Currently, EBITDA for the company is 134.53 million with net debt to EBITDA at -0.8. When we switch over and look at the enterprise to sales, we see a ratio of 4.36. The receivables turnover for the company is 6.35for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.76.
Conclusion
To wrap up, the performance of FormFactor Inc (FORM) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.