Zacks Research Comments on FormFactor, Inc.’s Q1 2025 Earnings (NASDAQ:FORM)

FormFactor, Inc. (NASDAQ:FORM) – Equities researchers at Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for FormFactor in a research note issued on Wednesday, April 17th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings of $0.17 per share for the quarter, up from their prior estimate of $0.16. The consensus estimate for FormFactor’s current full-year earnings is $0.63 per share.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, February 7th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.09. FormFactor had a return on equity of 2.43% and a net margin of 12.42%. The business had revenue of $168.16 million for the quarter, compared to analyst estimates of $165.49 million.

Several other equities analysts have also issued reports on FORM. Needham & Company LLC reaffirmed a “buy” rating and set a $46.00 price target on shares of FormFactor in a research note on Thursday, February 8th. TD Cowen increased their target price on FormFactor from $33.00 to $37.00 and gave the company a “market perform” rating in a research note on Thursday, February 8th. StockNews.com lowered FormFactor from a “buy” rating to a “hold” rating in a research note on Friday. TheStreet raised FormFactor from a “c” rating to a “b-” rating in a research note on Thursday, February 8th. Finally, Evercore ISI started coverage on FormFactor in a research note on Tuesday. They issued an “in-line” rating and a $50.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $42.56.

FormFactor Trading Down 3.2 %

Shares of FORM opened at $40.76 on Thursday. The company has a quick ratio of 3.52, a current ratio of 4.38 and a debt-to-equity ratio of 0.01. FormFactor has a 12-month low of $24.88 and a 12-month high of $47.94. The firm has a market capitalization of $3.16 billion, a PE ratio of 38.45 and a beta of 1.18. The stock’s fifty day simple moving average is $43.57 and its 200-day simple moving average is $39.82.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FORM. Riverview Trust Co bought a new position in shares of FormFactor during the first quarter worth about $28,000. Belpointe Asset Management LLC grew its holdings in shares of FormFactor by 170.1% during the first quarter. Belpointe Asset Management LLC now owns 1,086 shares of the semiconductor company’s stock worth $35,000 after buying an additional 684 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of FormFactor during the fourth quarter worth about $55,000. Quadrant Capital Group LLC grew its holdings in shares of FormFactor by 19.5% during the fourth quarter. Quadrant Capital Group LLC now owns 1,590 shares of the semiconductor company’s stock worth $66,000 after buying an additional 260 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in FormFactor in the third quarter valued at approximately $70,000. 98.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other FormFactor news, CEO Mike Slessor sold 4,000 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $43.38, for a total value of $173,520.00. Following the completion of the sale, the chief executive officer now directly owns 499,781 shares in the company, valued at $21,680,499.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CFO Shai Shahar sold 10,000 shares of the stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $44.51, for a total transaction of $445,100.00. Following the completion of the transaction, the chief financial officer now directly owns 27,591 shares in the company, valued at $1,228,075.41. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Mike Slessor sold 4,000 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $43.38, for a total value of $173,520.00. Following the transaction, the chief executive officer now owns 499,781 shares of the company’s stock, valued at $21,680,499.78. The disclosure for this sale can be found here. Insiders sold 28,000 shares of company stock worth $1,223,580 over the last ninety days. 0.96% of the stock is currently owned by corporate insiders.

FormFactor Company Profile

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.