FormFactor (NASDAQ:FORM) Stock Rating Lowered by Zacks Research

FormFactor (NASDAQ:FORM) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Other equities analysts have also recently issued research reports about the company. Freedom Capital raised FormFactor to a “hold” rating in a report on Tuesday, January 27th. Craig Hallum reaffirmed a “buy” rating and set a $90.00 target price on shares of FormFactor in a report on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of FormFactor in a report on Tuesday, April 21st. TD Cowen upped their price objective on FormFactor from $50.00 to $80.00 and gave the stock a “hold” rating in a research report on Thursday, February 5th. Finally, Northland Securities set a $70.00 price objective on shares of FormFactor in a research note on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $92.45.

FormFactor Stock Performance

Shares of NASDAQ:FORM traded up $1.19 during midday trading on Monday, reaching $135.37. The company’s stock had a trading volume of 972,928 shares, compared to its average volume of 1,547,685. The company has a quick ratio of 3.60, a current ratio of 4.50 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average of $107.96 and a 200 day moving average of $77.80. FormFactor has a twelve month low of $26.08 and a twelve month high of $159.09. The firm has a market capitalization of $10.55 billion, a PE ratio of 196.08 and a beta of 1.04.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The company had revenue of $215.16 million during the quarter, compared to the consensus estimate of $210.29 million. During the same period in the previous year, the firm posted $0.27 earnings per share. The firm’s quarterly revenue was up 13.6% on a year-over-year basis. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, equities analysts expect that FormFactor will post 1.41 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Kelley Steven-Waiss sold 2,200 shares of FormFactor stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $93.70, for a total value of $206,140.00. Following the sale, the director owned 30,579 shares of the company’s stock, valued at approximately $2,865,252.30. This trade represents a 6.71% 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, Director Kevin J. Brewer sold 3,000 shares of the business’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $96.20, for a total transaction of $288,600.00. Following the completion of the sale, the director directly owned 8,105 shares of the company’s stock, valued at approximately $779,701. The trade was a 27.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 64,482 shares of company stock valued at $6,438,951. 0.79% of the stock is owned by insiders.

Institutional Trading of FormFactor

Institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in FormFactor by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company’s stock valued at $1,303,000 after buying an additional 2,001 shares in the last quarter. Jones Financial Companies Lllp increased its stake in FormFactor by 870.3% during the 1st quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company’s stock worth $150,000 after buying an additional 4,743 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of FormFactor by 12.2% during the first quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company’s stock valued at $13,873,000 after acquiring an additional 53,310 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of FormFactor by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company’s stock valued at $4,922,000 after acquiring an additional 9,394 shares during the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of FormFactor by 18.1% in the first quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company’s stock valued at $1,514,000 after acquiring an additional 8,194 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

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.