Currently, there are 77.45M common shares owned by the public and among those 76.76M shares have been available to trade.
The company’s stock has a 5-day price change of -1.72% and -0.57% over the past three months. FORM shares are trading -1.23% year to date (YTD), with the 12-month market performance up to 11.21% higher. It has a 12-month low price of $37.25 and touched a high of $63.62 over the same period. FORM has an average intraday trading volume of 804.96K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.58%, 2.07%, and -9.68% respectively.
Institutional ownership of FormFactor Inc (NASDAQ: FORM) shares accounts for 96.51% of the company’s 77.45M shares outstanding.
It has a market capitalization of $3.37B and a beta (3y monthly) value of 1.07. The stock’s trailing 12-month PE ratio is 25.12, while the earnings-per-share (ttm) stands at $1.73. The company has a PEG of 1.26 and a Quick Ratio of 3.94 with the debt-to-equity ratio at 0.04. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.85% over the week and 5.29% over the month.
Earnings per share for the fiscal year are expected to increase by 59.97%, and 42.75% over the next financial year. EPS should grow at an annualized rate of 20.00% over the next five years, compared to -5.30% over the past 5-year period.
Citigroup coverage for the FormFactor Inc (FORM) stock in a research note released on January 06, 2025 offered a Buy rating with a price target of $51. TD Cowen was of a view on October 31, 2024 that the stock is Hold, while TD Cowen gave the stock Hold rating on August 01, 2024, issuing a price target of $48- $60. TD Cowen on their part issued Hold rating on May 02, 2024.
