FormFactor, Inc. (NASDAQ:FORM – Get Rating) Director Raymond A. Link sold 1,600 shares of the company’s stock in a transaction on Tuesday, May 17th. The stock was sold at an average price of $40.23, for a total transaction of $64,368.00. Following the completion of the sale, the director now owns 61,392 shares of the company’s stock, valued at approximately $2,469,800.16. The transaction was disclosed in a filing with the SEC, which is available through this link.
Shares of NASDAQ:FORM opened at $41.47 on Wednesday. The company has a quick ratio of 2.78, a current ratio of 3.60 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $3.24 billion, a PE ratio of 34.56 and a beta of 1.37. FormFactor, Inc. has a twelve month low of $32.69 and a twelve month high of $47.48. The company has a 50-day moving average price of $39.32 and a two-hundred day moving average price of $41.33.
FormFactor (NASDAQ:FORM – Get Rating) last issued its earnings results on Wednesday, April 27th. The semiconductor company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.09. The firm had revenue of $197.17 million during the quarter, compared to analyst estimates of $194.33 million. FormFactor had a net margin of 12.07% and a return on equity of 13.56%. During the same quarter last year, the business earned $0.32 earnings per share. Analysts anticipate that FormFactor, Inc. will post 1.57 earnings per share for the current fiscal year.
Several research firms have recently issued reports on FORM. B. Riley reduced their target price on shares of FormFactor from $60.00 to $55.00 in a research note on Thursday, February 3rd. Citigroup increased their price target on shares of FormFactor from $45.00 to $50.00 in a research report on Thursday, February 3rd. StockNews.com initiated coverage on shares of FormFactor in a research report on Thursday, March 31st. They set a “buy” rating for the company. CL King increased their price target on shares of FormFactor from $43.00 to $45.00 in a research report on Tuesday, April 12th. Finally, Stifel Nicolaus reduced their price target on shares of FormFactor from $51.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, April 25th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $50.17.
About FormFactor (Get Rating)
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. It operates in two segments, Probe Cards and Systems. The company offers probe cards to test various semiconductor device types, including systems 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.
- Get a free copy of the StockNews.com research report on FormFactor (FORM)
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