FormFactor, Inc. (NASDAQ:FORM) has received an average rating of “Hold” from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $18.17.

A number of equities analysts have commented on the company. Needham & Company LLC assumed coverage on FormFactor in a research note on Monday, June 10th. They issued a “buy” rating and a $19.00 price objective on the stock. Zacks Investment Research lowered FormFactor from a “hold” rating to a “sell” rating in a research note on Tuesday, May 7th. Northland Securities lowered FormFactor from an “outperform” rating to a “market perform” rating and boosted their price objective for the stock from $16.50 to $18.00 in a research note on Thursday, May 2nd. DA Davidson boosted their price objective on FormFactor to $21.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Finally, BidaskClub raised FormFactor from a “sell” rating to a “hold” rating in a research note on Tuesday.

FormFactor stock traded down $0.66 on Monday, reaching $14.51. The company’s stock had a trading volume of 388,435 shares, compared to its average volume of 262,014. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.54 and a current ratio of 3.36. The firm has a market cap of $1.08 billion, a P/E ratio of 18.84, a P/E/G ratio of 1.94 and a beta of 1.79. FormFactor has a twelve month low of $11.38 and a twelve month high of $19.27.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings data on Wednesday, May 1st. The semiconductor company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The company had revenue of $132.21 million for the quarter, compared to analyst estimates of $130.37 million. FormFactor had a return on equity of 11.06% and a net margin of 19.76%. The business’s revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.17 earnings per share. On average, equities research analysts predict that FormFactor will post 0.65 earnings per share for the current year.

In other news, Director Raymond A. Link sold 4,000 shares of the business’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $15.58, for a total transaction of $62,320.00. Following the completion of the sale, the director now owns 49,602 shares in the company, valued at $772,799.16. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 1.88% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in FORM. Morgan Stanley raised its position in shares of FormFactor by 101.0% during the third quarter. Morgan Stanley now owns 330,535 shares of the semiconductor company’s stock worth $4,545,000 after acquiring an additional 166,074 shares during the last quarter. Arizona State Retirement System raised its position in shares of FormFactor by 6.5% during the fourth quarter. Arizona State Retirement System now owns 114,116 shares of the semiconductor company’s stock worth $1,608,000 after acquiring an additional 6,969 shares during the last quarter. Rhumbline Advisers raised its position in shares of FormFactor by 21.5% during the fourth quarter. Rhumbline Advisers now owns 217,459 shares of the semiconductor company’s stock worth $3,064,000 after acquiring an additional 38,417 shares during the last quarter. Oregon Public Employees Retirement Fund bought a new stake in shares of FormFactor during the fourth quarter worth $28,000. Finally, Csenge Advisory Group raised its position in shares of FormFactor by 755.7% during the fourth quarter. Csenge Advisory Group now owns 15,223 shares of the semiconductor company’s stock worth $214,000 after acquiring an additional 13,444 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

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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Analyst Recommendations for FormFactor (NASDAQ:FORM)

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