FormFactor (NASDAQ:FORM) Issues Q1 2025 Earnings Guidance

FormFactor (NASDAQ:FORM) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.030-0.110 for the period, compared to the consensus 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.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on FORM shares. TD Cowen dropped their price objective on shares of FormFactor from $60.00 to $44.00 and set a “hold” rating for the company in a report on Thursday, October 31st. Citigroup raised shares of FormFactor from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $44.00 to $51.00 in a research note on Monday, January 6th. Finally, Needham & Company LLC downgraded FormFactor from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, FormFactor has an average rating of “Hold” and a consensus target price of $56.00.

FormFactor Trading Up 3.8 %

Shares of FormFactor stock traded up $1.52 on Wednesday, hitting $41.12. 1,211,066 shares of the company traded hands, compared to its average volume of 758,684. The company has a market cap of $3.18 billion, a PE ratio of 23.63 and a beta of 1.07. FormFactor has a 52 week low of $37.25 and a 52 week high of $63.63. The company has a current ratio of 4.76, a quick ratio of 3.94 and a debt-to-equity ratio of 0.01. The stock’s 50 day moving average price is $42.96 and its 200-day moving average price is $44.37.

FormFactor (NASDAQ:FORM) last released its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.14). FormFactor had a net margin of 18.29% and a return on equity of 5.38%. Equities research analysts predict that FormFactor will post 0.75 EPS for the current year.

Insider Activity at FormFactor

In related news, CEO Mike Slessor sold 4,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 522,531 shares in the company, valued at $23,221,277.64. This trade represents a 0.76 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Over the last three months, insiders have sold 12,000 shares of company stock worth $496,040. 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.