FormFactor Inc (NASDAQ: FORM) is 15.42% higher on its value in year-to-date trading and has touched a low of $37.21 and a high of $63.62 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FORM stock was last observed hovering at around $45.87 in the last trading session, with the day’s gains setting it 1.93%.
Currently trading at $47.80, the stock is 11.78% and 13.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing 4.21% at the moment leaves the stock -0.53% off its SMA200. FORM registered 16.34% gain for a year compared to 6-month loss of -19.13%. The firm has a 50-day simple moving average (SMA 50) of $42.1196 and a 200-day simple moving average (SMA200) of $48.03675.
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 stock witnessed a 16.48% gain in the last 1 month and extending the period to 3 months gives it a 9.36%, and is 9.73% 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 7.43% over the week and 4.76% over the month.
FormFactor Inc (FORM) has around 2115 employees, a market worth around $3.86B and $742.28M in sales. Current P/E ratio is 27.63 and Fwd P/E is 28.67. Profit margin for the company is 18.29%. Distance from 52-week low is 28.46% and -24.87% from its 52-week high. The company has generated returns on investments over the last 12 months (13.75%).
with sales reaching $191.12M over the same period.The EPS is expected to grow by 59.89% this year, but quarterly earnings will post 15.28% year-over-year. Quarterly sales are estimated to grow 13.65% in year-over-year returns.
432.0 institutions hold shares in FormFactor Inc (FORM), with institutional investors hold 98.60% of the company’s shares. The shares outstanding are 77.45M, and float is at 76.69M with Short Float at 4.19%. Institutions hold 97.67% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 11.73 million shares valued at $709.98 million. The investor’s holdings represent 15.144 of the FORM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.65 million shares valued at $584.4 million to account for 12.4655 of the shares outstanding. The other top investors are EARNEST PARTNERS LLC which holds 5.69 million shares representing 7.3506 and valued at over $344.61 million, while PRIMECAP MANAGEMENT CO/CA/ holds 3.7141 of the shares totaling 2.88 million with a market value of $174.12 million.
FormFactor Inc (FORM) Insider Activity
The most recent transaction is an insider sale by SLESSOR MIKE, the company’s CEO. SEC filings show that SLESSOR MIKE sold 4,000 shares of the company’s common stock on Dec 02 ’24 at a price of $40.59 per share for a total of $0.16 million. Following the sale, the insider now owns 0.53 million shares.
Still, SEC filings show that on Nov 05 ’24, St Dennis Thomas (Director) disposed off 3,100 shares at an average price of $39.11 for $0.12 million. The insider now directly holds 37,429 shares of FormFactor Inc (FORM).
