FormFactor’s (FORM) “Neutral” Rating Reaffirmed at B. Riley Financial

B. Riley Financial reaffirmed their neutral rating on shares of FormFactor (NASDAQ:FORM) in a report published on Monday morning, MarketBeat reports. The firm currently has a $130.00 price objective on the semiconductor company’s stock, up from their prior price objective of $100.00.

A number of other equities research analysts have also issued reports on FORM. Piper Sandler set a $100.00 price objective on shares of FormFactor in a report on Monday, February 2nd. Northland Securities set a $70.00 price objective on shares of FormFactor in a report on Thursday, February 5th. Wall Street Zen raised shares of FormFactor from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a report on Thursday, January 22nd. Finally, Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.91.

FormFactor Stock Performance

FORM opened at $128.22 on Monday. The firm has a market cap of $10.00 billion, a P/E ratio of 185.83 and a beta of 1.04. FormFactor has a 1-year low of $23.78 and a 1-year high of $136.00. The company has a 50 day simple moving average of $96.97 and a two-hundred day simple moving average of $69.95. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.50 and a quick ratio of 3.60.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.11. The business had revenue of $215.16 million during the quarter, compared to analyst estimates of $210.29 million. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The company’s revenue was up 13.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.27 earnings per share. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Equities analysts forecast that FormFactor will post 0.9 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Sheri Rhodes sold 7,634 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $92.61, for a total transaction of $706,984.74. Following the completion of the transaction, the director directly owned 10,356 shares in the company, valued at approximately $959,069.16. This represents a 42.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Aric Brendan Mckinnis sold 3,462 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $90.42, for a total value of $313,034.04. Following the transaction, the chief financial officer owned 11,140 shares of the company’s stock, valued at $1,007,278.80. This represents a 23.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 66,276 shares of company stock worth $6,001,771. 0.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Salomon & Ludwin LLC bought a new position in shares of FormFactor during the 3rd quarter valued at approximately $25,000. Los Angeles Capital Management LLC bought a new stake in FormFactor in the fourth quarter worth $25,000. UMB Bank n.a. lifted its position in FormFactor by 128.9% in the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after buying an additional 281 shares during the last quarter. Jones Financial Companies Lllp lifted its position in FormFactor by 84.4% in the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after buying an additional 453 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its position in FormFactor by 547.8% in the third quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock worth $38,000 after buying an additional 882 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors.

About FormFactor

FormFactor, Inc (NASDAQ:FORM) is a leading provider of advanced test and measurement solutions for the semiconductor industry. The company specializes in the design, development and manufacture of high-performance wafer-level and package-level test interfaces used in wafer sort, characterization, reliability and failure analysis applications. By leveraging precision microelectromechanical systems (MEMS) and photolithographic processes, FormFactor delivers probe cards, analytical probes and test sockets that enable device makers to validate next-generation integrated circuits across logic, memory, RF, analog and power applications.

FormFactor’s product portfolio includes custom probe cards for wafer probers, TEM-based analytical probes for material and device characterization, and socket solutions for burn-in and final test of packaged devices.