FormFactor (NASDAQ:FORM) Updates Q1 2025 Earnings Guidance

FormFactor (NASDAQ:FORM) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.030-0.110 for the period, compared to the consensus earnings per share estimate of 0.330. The company issued revenue guidance of $165.0 million-$175.0 million, compared to the consensus revenue estimate of $192.9 million.

Analyst Ratings Changes

A number of analysts recently commented on FORM shares. TD Cowen decreased their price target on FormFactor from $60.00 to $44.00 and set a “hold” rating for the company in a research report on Thursday, October 31st. Citigroup raised FormFactor from a “neutral” rating to a “buy” rating and increased their price objective for the company from $44.00 to $51.00 in a report on Monday, January 6th. Evercore ISI reduced their price objective on FormFactor from $50.00 to $43.00 and set an “in-line” rating for the company in a report on Thursday. Needham & Company LLC reissued a “hold” rating on shares of FormFactor in a report on Thursday. Finally, Stifel Nicolaus reduced their price objective on FormFactor from $48.00 to $42.00 and set a “hold” rating for the company in a report on Thursday. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $48.50.

FormFactor Stock Performance

Shares of FormFactor stock traded down $2.79 during trading hours on Thursday, reaching $38.33. The company had a trading volume of 5,167,198 shares, compared to its average volume of 947,783. FormFactor has a one year low of $32.71 and a one year high of $63.63. The business has a fifty day simple moving average of $43.00 and a 200 day simple moving average of $44.35. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.76 and a quick ratio of 3.94. The firm has a market cap of $2.97 billion, a PE ratio of 22.03 and a beta of 1.07.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.14). FormFactor had a return on equity of 5.38% and a net margin of 18.29%. On average, analysts anticipate that FormFactor will post 0.75 earnings per share for the current fiscal year.

Insider Activity at FormFactor

In related news, CEO Mike Slessor sold 4,000 shares of FormFactor stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $44.44, for a total transaction of $177,760.00. Following the completion of the sale, the chief executive officer now owns 522,531 shares of the company’s stock, valued at approximately $23,221,277.64. This trade represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders sold 12,000 shares of company stock valued at $496,040. Company insiders own 0.96% of the company’s stock.

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.