Equities research analysts expect FormFactor, Inc. (NASDAQ:FORM) to announce earnings of $0.18 per share for the current quarter, according to Zacks. Four analysts have made estimates for FormFactor’s earnings. The lowest EPS estimate is $0.17 and the highest is $0.18. FormFactor posted earnings per share of $0.17 during the same quarter last year, which would suggest a positive year-over-year growth rate of 5.9%. The company is scheduled to announce its next earnings report after the market closes on Wednesday, May 1st.

On average, analysts expect that FormFactor will report full-year earnings of $0.89 per share for the current financial year, with EPS estimates ranging from $0.85 to $0.95. For the next financial year, analysts anticipate that the firm will report earnings of $1.04 per share, with EPS estimates ranging from $0.93 to $1.10. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for FormFactor.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, February 6th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.05. The firm had revenue of $140.90 million during the quarter, compared to analyst estimates of $135.93 million. FormFactor had a net margin of 19.64% and a return on equity of 11.59%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the business earned $0.24 EPS.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of FormFactor from a “sell” rating to a “hold” rating in a report on Wednesday, February 13th. ValuEngine lowered shares of FormFactor from a “buy” rating to a “hold” rating in a report on Friday, January 4th. Finally, BidaskClub upgraded shares of FormFactor from a “sell” rating to a “hold” rating in a report on Friday, March 22nd. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. FormFactor has a consensus rating of “Buy” and an average target price of $17.08.

FormFactor stock opened at $18.30 on Monday. The stock has a market capitalization of $1.36 billion, a PE ratio of 23.77, a PEG ratio of 2.23 and a beta of 1.64. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.30 and a quick ratio of 2.54. FormFactor has a 12-month low of $11.10 and a 12-month high of $18.85.

In related news, Director Dennis Thomas St sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $15.99, for a total value of $127,920.00. Following the transaction, the director now owns 45,000 shares of the company’s stock, valued at approximately $719,550. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Kelley Steven-Waiss sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, February 12th. The stock was sold at an average price of $15.50, for a total transaction of $108,500.00. Following the completion of the transaction, the director now directly owns 12,000 shares in the company, valued at approximately $186,000. The disclosure for this sale can be found here. Insiders sold a total of 16,200 shares of company stock worth $254,924 in the last ninety days. 1.88% of the stock is currently owned by insiders.

Hedge funds have recently bought and sold shares of the stock. Texas Permanent School Fund increased its stake in FormFactor by 4.3% in the 4th quarter. Texas Permanent School Fund now owns 48,491 shares of the semiconductor company’s stock worth $683,000 after buying an additional 2,017 shares during the period. Legal & General Group Plc increased its position in FormFactor by 0.9% during the 4th quarter. Legal & General Group Plc now owns 158,114 shares of the semiconductor company’s stock valued at $2,223,000 after purchasing an additional 1,398 shares during the period. BlackRock Inc. increased its position in FormFactor by 1.7% during the 4th quarter. BlackRock Inc. now owns 10,999,192 shares of the semiconductor company’s stock valued at $154,977,000 after purchasing an additional 182,059 shares during the period. Vanguard Group Inc increased its position in FormFactor by 8.7% during the 3rd quarter. Vanguard Group Inc now owns 7,472,866 shares of the semiconductor company’s stock valued at $102,751,000 after purchasing an additional 600,660 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in FormFactor by 22.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,120 shares of the semiconductor company’s stock valued at $72,000 after purchasing an additional 924 shares during the period. 95.07% of the stock is currently owned by institutional investors.

FormFactor Company Profile

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, integrated measurement systems, and thermal sub-systems, as well as provides related services. It operates in two segments, Probe Cards and Systems. The company offers probe cards that are used to test various semiconductor device types, including system on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies.

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