FormFactor (NASDAQ:FORM) Stock, Quote.Headers.trade-ideas

FormFactor

FormFactor Inc designs, develops, manufactures, sells, and supports semiconductor probe card products. The company operates in two reportable segments namely Probe Cards Segment and the Systems Segment. Sales of probe cards and analytical probes are included in the Probe Cards Segment, while sales of probe stations and thermal sub-systems are included in the Systems Segment. Probe cards generate the maximum revenue from its operations. It offers multiple product lines which include analytical probes, probe stations, thermal sub-systems, and related services.

Honda. Image Via Shutterstock

Intraday Update

Markets

AVGO

AVXL

DESP

FORM

PLYA

QBTS

RCAT

RGTI

Honda Motor, Rumble, Despegar.com And Other Big Stocks Moving Higher On Monday

movers image

News

Movers

Trading Ideas

ACHR

EXOD

KULR

POET

QUBT

RZLV

SKYT

SOUN

Worthington Enterprises Posts Upbeat Results, Joins Jabil, Archer Aviation And Other Big Stocks Moving Higher On Wednesday

tech stocks

Long Ideas

RMBS

Top 3 Tech Stocks That Could Surge This Quarter

FormFactor Inc

FORMOSA PROSONIC INDSTS by Formosa Prosonic Industries Bhd

FORMATION MINERALS INC by Formation Minerals, Inc.

Formation Minerals Inc

Formcap Corp

Formidable ETF

Formula Systems (1985) Ltd. - American Depositary Shares

Formula Systems (1985) Ltd

WIIM

INTC

KLAC

LRCX

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

MCHP

MPWR

NVDA

NVTS

QCOM

QUIK

WKEY

Shares of semiconductor companies are trading higher after the United States said it is opening an investigation into China's policies for the semiconductor industry. China's Commerce Ministry says the U.S. investigation will disrupt the chip industry and supply chains.

U.S. stocks were lower, with the Dow Jones index falling over 300 points on Monday.
Shares of Honda Motor Co., Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) rose sharply during Monday's session after the company announced it agreed to begin discussions and consideration toward a business <a href="https://www.benzinga.com/24/12/42642773/honda-nissan-start-merger-talks">integration with Nissan Motor.</a>
Nissan and Honda are planning to establish a joint holding company that will serve as the parent company for both Nissan and Honda. The joint holding parent company will be listed on the Tokyo Stock Exchange and Nissan and Honda will subsequently be delisted. The listing of the joint holding company is scheduled for August 2026.
Honda Motor shares jumped 13.5% to $27.13 on Monday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Rumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) shares jumped 75% to $12.59 after the company announced it has entered into a definitive agreement for a strategic investment of $775 million from Tether.</li>
<li>Despegar.com, Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DESP#NYSE">DESP</a>) gained 32.2% to $19.36. The company announced it will be acquired by Prosus in $1.7 Billion deal.</li>
<li>Anavex Life Sciences Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVXL#NASDAQ">AVXL</a>) surged 32.2% to $11.47 following fourth-quarter results. The company's Alzheimer&#8217;s Drug Blarcamesine was accepted for a review by European regulators.</li>
<li>Playa Hotels &amp; Resorts N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLYA#NASDAQ">PLYA</a>) gained 28.8% to $12.38 after Hyatt Hotels disclosed it executed an exclusivity agreement to potentially acquire the company.</li>
<li>Rigetti Computing, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) shares rose 21.8% to $11.42. The company announced it has launched its 84-Qubit Ankaa 3 System and achieved 99.5% Median Two-Qubit Gate Fidelity Milestone.</li>
<li>Red Cat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) surged 14.6% to $12.32.</li>
<li>D-Wave Quantum Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NASDAQ">QBTS</a>) gained 13.2% to $7.29.</li>
<li>New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFE#NASDAQ">NFE</a>) rose 10.7% to $13.24 after Stifel maintained a Buy rating and raised its price target from $16 to $17.</li>
<li>FormFactor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) gained 6% to $45.32.</li>
<li>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) rose 3.9% to $228.60.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42616196/jim-cramer-likes-walmart-recommends-buying-this-very-very-good-financial-stock">Jim Cramer Likes Walmart, Recommends Buying This &#8216;Very, Very Good&#8217; Financial Stock</a></li>
</ul>

U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Wednesday.
Shares of Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) rose sharply during Wednesday's session as the company posted better-than-expected <a href="https://www.benzinga.com/news/earnings/24/12/42551215/worthington-enterprises-delivers-q2-earnings-beat-growth-in-building-products-drives-momentum">results for its second quarter</a>.
On Tuesday, the company reported a net sales decline of 8% year over year to $274.0 million, beating the consensus of $273.77 million. The decline was attributed to the deconsolidation of the former Sustainable Energy Solutions segment. Adjusted EPS of 60 cents exceeded the consensus of 52 cents.
Worthington Enterprises shares jumped 14.4% to $43.72 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>KULR Technology Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KULR#NASDAQ">KULR</a>) shares jumped 59% to $2.29 after the company announced it regained NYSE stockholders&#8217; equity required compliance status.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) gained 30.1% to $21.85 on continued strength, after the company on Tuesday announced it was awarded a prime contract by NASA to apply Dirac-3 for imaging and data processing support.</li>
<li>SkyWater Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYT#NASDAQ">SKYT</a>) surged 21.6% to $15.90.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) rose 19.1% to $23.09.</li>
<li>POET Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POET#NASDAQ">POET</a>) shares gained 18.3% to $5.26.</li>
<li>Exodus Movement, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXOD#NASDAQ">EXOD</a>) jumped 15.5% to $45.00.</li>
<li>Rezolve AI Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLV#NASDAQ">RZLV</a>) gained 15.5% to $3.80 as the company announced a $49 million equity conversion by leading investors.</li>
<li>FormFactor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) rose 11.5% to $48.90.</li>
<li>Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) gained 10% to $147.38 following better-than-expected quarterly results.</li>
<li>EnerSys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENS#NYSE">ENS</a>) gained 8.7% to $99.52.</li>
<li>Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) shares rose 7.2% to $9.75. Cantor Fitzgerald analyst Andres Sheppard maintained Archer Aviation with an Overweight and raised the price target from $10 to $13.</li>
<li>QuantumScape Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>) gained 6.7% to $5.66.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42551008/top-3-health-care-stocks-that-may-explode-in-q4">Top 3 Health Care Stocks That May Explode In Q4</a></li>
</ul>

AMAT

ASML

ENPH

ICHR

LAES

NXPI

SQNS

WOLF

Shares of semiconductor companies are trading higher. The Biden administration plans on limiting China's access to advanced chips, chipmaking tools and memory technology due to alleged national security concerns and AI's military potential.

FormFactor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) and Advantest Corporation (TSE: 6857) announced today a strategic partnership to develop a novel test cell and measurement system designed for high-volume production of silicon photonics (SiPh) and co-packaged optics (CPO) devices. This collaboration is driven by the revolution in AI data center architectures, which require ever-increasing bandwidth while reducing power consumption. Silicon photonics is rapidly gaining traction in data centers for its ability to enable fast data transmission through optical signals, surpassing traditional electrical methods. This new test cell integrates the latest innovations from both companies, equipping photonics device developers with the tools they need to scale up volume production.

FormFactor And Advantest Partner On Silicon Photonics Wafer-Level Test Cell To Enable High-Volume Manufacturing

On November 6, a recent SEC filing unveiled that Thomas St. Dennis, Director at FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) made an insider sell.
What Happened: Dennis's decision to sell 3,100 shares of FormFactor was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001039399/000103939924000037//Archives/edgar/data/1039399/000103939924000037/0001039399-24-000037-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $121,233.
As of Thursday morning, FormFactor shares are up by 1.01%, currently priced at $42.02.
<h3>All You Need to Know About FormFactor</h3>
FormFactor Inc designs, develops, manufactures, sells, and supports semiconductor probe card products. The company operates in two reportable segments namely Probe Cards Segment and the Systems Segment. Sales of probe cards and analytical probes are included in the Probe Cards Segment, while sales of probe stations and thermal sub-systems are included in the Systems Segment. Probe cards generate the maximum revenue from its operations. It offers multiple product lines which include analytical probes, probe stations, thermal sub-systems, and related services.
<h3>Financial Milestones: FormFactor's Journey</h3>
Revenue Growth: FormFactor's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 21.18%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 40.74%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): FormFactor's EPS is below the industry average. The company faced challenges with a current EPS of 0.24. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.04, FormFactor adopts a prudent financial strategy, indicating a balanced approach to debt management.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: FormFactor's P/E ratio of 24.05 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 4.41, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Indicated by a lower-than-industry-average EV/EBITDA ratio of 18.51, the company suggests a potential undervaluation, which might be advantageous for value-focused investors.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001039399">Check Out The Full List Of FormFactor's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Transaction: Thomas St. Dennis Sells $121K Worth Of FormFactor Shares

AEIS

ALGM

ANET

AWRE

BELFB

BOXL

CAMT

CGNX

CLMB

CMTL

CNXN

COHR

CSCO

DELL

DGII

DIOD

EVLV

EXTR

FFIV

FLEX

FRSH

IONQ

IPGP

KEYS

KODK

LASR

LITE

NOVT

NTAP

NTCT

NVEC

Next Technology Holding Inc. - Ordinary Shares

NXTT

OSIS

PLUS

PLXS

PMTS

PSTG

QMCO

QTWO

SANM

SCSC

SITM

TTMI

VIAV

ZBRA

Shares of companies within the broader technology sector are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

TD Cowen analyst Krish Sankar maintains FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) with a Hold and lowers the price target from $60 to $44.

Price Target

Analyst Ratings

TD Cowen Maintains Hold on FormFactor, Lowers Price Target to $44

FormFactor shares are trading lower after Needham cut its price target on the stock from $60 to $52.

Needham analyst Charles Shi maintains FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) with a Buy and lowers the price target from $60 to $52.

Needham Maintains Buy on FormFactor, Lowers Price Target to $52

FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) is looking for Q4 GAAP EPS of $0.12-0.20 vs $0.19 analyst estimate. seessales of $185.000 million-195.000 million vs $199.60 million estimate.

Guidance

FormFactor Sees Q4 GAAP EPS $0.12-0.20 vs $0.19 Est; Sees Sales $185.000M-195.000M vs $199.60M Est

FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) is looking for Q4 Adj EPS of $0.25-0.33 vs $0.34 analyst estimate. seessales of $185.000 million-195.000 million.

FormFactor Sees Q4 Adj EPS $0.25-0.33 vs $0.34 Est; Sees Sales $185.000M-195.000M

FormFactor shares are trading lower. The company reported Q3 financial results.

<h3>Gainers</h3>
<ul>
<li>CPS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPSH#NASDAQ">CPSH</a>) stock increased by 42.1% to $2.06 during Wednesday's after-market session. The company's market cap stands at $29.9 million. As per the news, the Q3 earnings report came out today. </li>
<li>Confluent (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFLT#NASDAQ">CFLT</a>) stock increased by 18.11% to $27.25. The company's market cap stands at $8.7 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Alkami Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALKT#NASDAQ">ALKT</a>) stock moved upwards by 7.38% to $41.0. The market value of their outstanding shares is at $4.0 billion. The company's, Q3 earnings came out today. </li>
<li>Twilio (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>) stock rose 6.27% to $75.0. The company's market cap stands at $12.0 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Gryphon Digital Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRYP#NASDAQ">GRYP</a>) stock increased by 5.02% to $0.73. The market value of their outstanding shares is at $29.5 million. </li>
<li>Kopin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOPN#NASDAQ">KOPN</a>) shares rose 4.99% to $0.79. The company's market cap stands at $125.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) stock decreased by 20.9% to $0.34 during Wednesday's after-market session. The market value of their outstanding shares is at $5.0 million. </li>
<li>MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) stock fell 7.69% to $228.3. The market value of their outstanding shares is at $46.2 billion. As per the press release, Q3 earnings came out today. </li>
<li>Everspin Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRAM#NASDAQ">MRAM</a>) shares declined by 7.18% to $6.33. The company's market cap stands at $137.6 million. As per the press release, Q3 earnings came out today. </li>
<li>FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) shares decreased by 6.76% to $40.85. The company's market cap stands at $3.1 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Aurora Innovation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) shares fell 5.88% to $6.25. The company's market cap stands at $10.6 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) shares fell 5.42% to $870.0. The company's market cap stands at $42.3 billion. As per the press release, Q3 earnings came out today. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ALKT

CFLT

CPSH

GRYP

KOPN

MRAM

MSTR

TWLO

12 Information Technology Stocks Moving In Wednesday's After-Market Session

FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.31 by 12.9 percent. This is a 59.09 percent increase over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $207.917 million which beat the analyst consensus estimate of $200.286 million by 3.81 percent. This is a 21.18 percent increase over sales of $171.575 million the same period last year.

Earnings

Earnings Beats

FormFactor Q3 2024 Adj. EPS $0.35 Beats $0.31 Estimate, Sales $207.917M Beat $200.286M Estimate

ARM,QCOM,NVDA,MU,AMD,TSM,AVGO,NXPI,LRCX,INTC,ASML,ON,RMBS,LSCC,GFS,TSEM,SIMO,ADI,KLAC,MCHP,STM,AMAT

ACLS

ACMR

ENTG

FSLR

KLIC

LSCC

MKSI

NVMI

SIMO

TSEM

UCTT

Shares of chip stocks are trading lower in sympathy with ASML, which fell after issuing soft guidance. Some stocks in the sector may also be down on reports indicating the US is discussing curbing chip exports to some countries.

MRVL

OLED

Shares of semiconductor and chip stocks are trading higher following Wednesday's rate cut, which has lifted growth stocks and rate-sensitive sectors such as tech.

AEHR

ALAB

AMBA

AMKR

AOSL

ASTI

CRDO

INDI

MTSI

ONTO

PLAB

POWI

QRVO

SEDG

SLAB

SWKS

SYNA

Shares of semiconductor stocks are trading lower amid overall market weakness. A drop in the price of NVIDIA may weigh down the sector.

ADTN

AIRE

ATGL

BIGC

CIEN

COMM

DMRC

MVIS

NSSC

ONDS

OPTX

SHOP

SMRT

TIXT

UBXG

Shares of companies within the broader tech sector are trading higher amid overall market strength following strong US economic data that could help ease recession concerns. The sector may be experiencing momentum in sympathy with Cisco Systems after the company reported better-than-expected Q4 financial results.

Revealing a significant insider sell on August 7, Jorge Titinger, Director at FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>), as per the latest SEC filing.
What Happened: Titinger's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001039399/000162828024035754//Archives/edgar/data/1039399/000162828024035754/0001628280-24-035754-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday unveiled the sale of 6,770 shares of FormFactor. The total transaction value is $283,951.
Monitoring the market, FormFactor's shares up by 2.23% at $44.07 during Thursday's morning.
<h3>Get to Know FormFactor Better</h3>
FormFactor Inc designs, develops, manufactures, sells, and supports semiconductor probe card products. The company operates in two reportable segments namely Probe Cards Segment and the Systems Segment. Sales of probe cards and analytical probes are included in the Probe Cards Segment, while sales of probe stations and thermal sub-systems are included in the Systems Segment. Probe cards generate the maximum revenue from its operations. It offers multiple product lines which include analytical probes, probe stations, thermal sub-systems, and related services.
<h3>FormFactor: Delving into Financials</h3>
Revenue Growth: FormFactor displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 17.04%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: With a low gross margin of 44.01%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): FormFactor's EPS is below the industry average. The company faced challenges with a current EPS of 0.25. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: FormFactor's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.05.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 27.99 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 4.81, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a below-average EV/EBITDA ratio of 21.16, FormFactor presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Navigating the Impact of Insider Transactions on Investments</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Transaction Codes To Focus On</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001039399">Check Out The Full List Of FormFactor's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Selling: Jorge Titinger Unloads $283K Of FormFactor Stock

Needham analyst Charles Shi maintained a Buy rating on Formfactor (FORM – Research Report) today and set a price target of $52.00. Charles Shi's ra...

FormFactor's Growth Prospects Amidst Market Challenges: A Buy Rating Based on DRAM Revenue and HBM Recovery

In a report released today, Brian Chin from Stifel Nicolaus maintained a Hold rating on Formfactor (FORM – Research Report), with a price target of...

Formfactor (FORM) Gets a Hold from Stifel Nicolaus

Needham lowered the firm's price target on FormFactor (FORM) to $52 from $60 but keeps a Buy rating on the shares. The company reported a solid Q3 ...

FormFactor price target lowered to $52 from $60 at Needham

Comments

FormFactor

FormFactor (FORM) Forecast

FormFactor (NASDAQ:FORM) Stock, Quote.Headers.trade-ideas

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga