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After finishing at $43.14 in the prior trading day, FormFactor Inc (NASDAQ: FORM) closed at $43.19, up 0.12%. In other words, the price has increased by $0.12 from its previous closing price. On the day, 0.6 million shares were traded. FORM stock price reached its highest trading level at $44.2 during the session, while it also had its lowest trading level at $43.07.
Ratios:
Our goal is to gain a better understanding of FORM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 66.69. For the most recent quarter (mrq), Quick Ratio is recorded 3.94 and its Current Ratio is at 4.76. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
On January 06, 2025, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $44 to $51.
TD Cowen reiterated its Hold rating for the stock on October 31, 2024, while the target price for the stock was revised from $60 to $44.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when SLESSOR MIKE sold 4,000 shares for $44.44 per share. The transaction valued at 177,772 led to the insider holds 522,531 shares of the business.
MIKE SLESSOR bought 4,000 shares of FORM for $177,762 on Jan 02 ’25. On Dec 02 ’24, another insider, SLESSOR MIKE, who serves as the CEO of the company, sold 4,000 shares for $40.59 each. As a result, the insider received 162,341 and left with 526,531 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 3345091328 and an Enterprise Value of 3032454912. As of this moment, FormFactor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.97, and their Forward P/E ratio for the next fiscal year is 25.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.51 while its Price-to-Book (P/B) ratio in mrq is 3.50. Its current Enterprise Value per Revenue stands at 4.085 whereas that against EBITDA is 38.073.
Stock Price History:
The Beta on a monthly basis for FORM is 1.08, which has changed by 0.05761218 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, FORM has reached a high of $63.62, while it has fallen to a 52-week low of $37.25. The 50-Day Moving Average of the stock is 1.87%, while the 200-Day Moving Average is calculated to be -10.29%.
Shares Statistics:
The stock has traded on average 818.79K shares per day over the past 3-months and 826250 shares per day over the last 10 days, according to various share statistics. A total of 77.45M shares are outstanding, with a floating share count of 76.76M. Insiders hold about 0.90% of the company’s shares, while institutions hold 96.55% stake in the company. Shares short for FORM as of 1735603200 were 3600393 with a Short Ratio of 4.40, compared to 1732838400 on 2691806. Therefore, it implies a Short% of Shares Outstanding of 3600393 and a Short% of Float of 6.510000000000001.
