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The price of FormFactor Inc. (NASDAQ: FORM) closed at $44.08 in the last session, up 2.97% from day before closing price of $42.81. In other words, the price has increased by $2.97 from its previous closing price. On the day, 0.58 million shares were traded. FORM stock price reached its highest trading level at $44.295 during the session, while it also had its lowest trading level at $42.875.
Ratios:
We take a closer look at FORM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 72.54. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 4.46. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on August 01, 2024, Reiterated its Hold rating but revised its target price to $60 from $48 previously.
On May 02, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $37 to $48.
On April 16, 2024, Evercore ISI started tracking the stock assigning a In-line rating and target price of $50.Evercore ISI initiated its In-line rating on April 16, 2024, with a $50 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 03 ’24 when SLESSOR MIKE sold 4,000 shares for $46.31 per share. The transaction valued at 185,237 led to the insider holds 534,276 shares of the business.
MIKE SLESSOR bought 4,000 shares of FORM for $185,237 on Sep 03 ’24. On Aug 06 ’24, another insider, Titinger Jorge, who serves as the Director of the company, sold 6,770 shares for $41.94 each. As a result, the insider received 283,951 and left with 12,970 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FORM now has a Market Capitalization of 3411324928 and an Enterprise Value of 3097236480. As of this moment, FormFactor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.50, and their Forward P/E ratio for the next fiscal year is 24.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.83 while its Price-to-Book (P/B) ratio in mrq is 3.59. Its current Enterprise Value per Revenue stands at 4.387 whereas that against EBITDA is 47.458.
Stock Price History:
Over the past 52 weeks, FORM has reached a high of $63.62, while it has fallen to a 52-week low of $31.19. The 50-Day Moving Average of the stock is -13.19%, while the 200-Day Moving Average is calculated to be -6.47%.
Shares Statistics:
According to the various share statistics, FORM traded on average about 693.83K shares per day over the past 3-months and 563900 shares per day over the past 10 days. A total of 77.38M shares are outstanding, with a floating share count of 76.62M. Insiders hold about 1.00% of the company’s shares, while institutions hold 97.36% stake in the company. Shares short for FORM as of 1724976000 were 2221029 with a Short Ratio of 3.20, compared to 1722384000 on 1730523. Therefore, it implies a Short% of Shares Outstanding of 2221029 and a Short% of Float of 4.02.
