Home  »  Companies   »  FormFactor Inc. (FORM) Looks Ready for Growth Desp...

FormFactor Inc. (FORM) Looks Ready for Growth Despite -18.99% Change This Year

FormFactor Inc. (NASDAQ: FORM) is -18.99% lower on its value in year-to-date trading and has touched a low of $32.71 and a high of $47.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FORM stock was last observed hovering at around $37.52 in the last trading session, with the day’s loss setting it -0.48% off its average median price target of $48.00 for the next 12 months. It is also 31.41% off the consensus price target high of $54.00 offered by 8 analysts, but current levels are 17.69% higher than the price target low of $45.00 for the same period.

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

Currently trading at $37.04, the stock is 1.49% and -3.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.38 million and changing -1.28% at the moment leaves the stock -7.65% off its SMA200. FORM registered 9.46% gain for a year compared to 6-month loss of -13.88%.

The stock witnessed a -0.32% gain in the last 1 month and extending the period to 3 months gives it a 2.89%, and is 4.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.63% over the week and 4.39% over the month.

FormFactor Inc. (FORM) has around 2293 employees, a market worth around $2.80B and $780.20M in sales. Current P/E ratio is 31.15 and Fwd P/E is 18.07. Profit margin for the company is 12.10%. Distance from 52-week low is 13.24% and -21.99% from its 52-week high. The company has generated returns on investments over the last 12 months (9.90%).

FormFactor Inc. (FORM) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for FormFactor Inc. (FORM) is a “Buy”. 8 analysts offering their recommendations for the stock have an average rating of 1.90, where 1 rate it as a Hold and 1 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

FormFactor Inc. is expected to release its quarterly report on 10/26/2022.The EPS is expected to grow by 6.70% this year.

FormFactor Inc. (FORM) Top Institutional Holders

The shares outstanding are 78.25M, and float is at 77.35M with Short Float at 3.64%.

FormFactor Inc. (FORM) Insider Activity

A total of 18 insider transactions have happened at FormFactor Inc. (FORM) in the last six months, with sales accounting for 8 and purchases happening 10 times. The most recent transaction is an insider sale by LINK RAYMOND A ,the company’sDirector. SEC filings show that LINK RAYMOND A sold 1,600 shares of the company’s common stock on May 17 at a price of $40.23 per share for a total of $64368.0. Following the sale, the insider now owns 61392.0 shares.

FormFactor Inc. disclosed in a document filed with the SEC on Feb 09 that STEVEN-WAISS KELLEY (Director) sold a total of 6,000 shares of the company’s common stock. The trade occurred on Feb 09 and was made at $42.62 per share for $0.26 million. Following the transaction, the insider now directly holds 15998.0 shares of the FORM stock.

Still, SEC filings show that on Feb 08, Obregon-Jimenez Rebeca (Director) disposed off 2,400 shares at an average price of $41.61 for $99869.0. The insider now directly holds 4,698 shares of FormFactor Inc. (FORM).

FormFactor Inc. (FORM): Who are the competitors?

The company’s main competitors (and peers) include Aehr Test Systems (AEHR) that is trading 145.29% up over the past 12 months and Micron Technology Inc. (MU) that is -19.41% lower over the same period. Applied Materials Inc. (AMAT) is -27.34% down on the 1-year trading charts.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

111365

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.