FormFactor (FORM) Scheduled to Post Earnings on Tuesday

FormFactor (NASDAQ:FORM) is set to post its quarterly earnings results after the market closes on Tuesday, February 6th.

Shares of FormFactor (NASDAQ FORM) opened at $13.85 on Monday. The company has a current ratio of 3.16, a quick ratio of 2.45 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $1,000.00, a price-to-earnings ratio of 53.27, a price-to-earnings-growth ratio of 0.77 and a beta of 1.27. FormFactor has a twelve month low of $10.45 and a twelve month high of $18.65.

A number of analysts have weighed in on the company. B. Riley restated a “buy” rating and set a $20.00 target price (down previously from $22.00) on shares of FormFactor in a report on Monday, January 29th. Needham & Company LLC reiterated a “buy” rating and set a $18.00 price objective on shares of FormFactor in a report on Friday, October 27th. Zacks Investment Research lowered FormFactor from a “hold” rating to a “sell” rating in a report on Monday, January 22nd. Finally, Citigroup increased their price objective on FormFactor from $16.00 to $17.40 and gave the company a “neutral” rating in a report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $18.06.

In related news, Director Richard Delateur sold 15,000 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $17.69, for a total value of $265,350.00. Following the completion of the transaction, the director now owns 25,000 shares in the company, valued at approximately $442,250. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Michael M. Ludwig sold 16,845 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $17.50, for a total value of $294,787.50. Following the completion of the transaction, the chief financial officer now owns 241,132 shares of the company’s stock, valued at approximately $4,219,810. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.

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About FormFactor

FormFactor, Inc is a provider of test and measurement solutions. The Company’s segments include the Probe Cards segment and Systems segment. The Company designs, manufactures and sells multiple product lines, including probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, reliability test systems, and related services.

Earnings History for FormFactor (NASDAQ:FORM)

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