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The price of FormFactor Inc (NASDAQ: FORM) closed at $44.11 in the last session, down -6.63% from day before closing price of $47.24. In other words, the price has decreased by -$6.63 from its previous closing price. On the day, 1.47 million shares were traded. FORM stock price reached its highest trading level at $46.52 during the session, while it also had its lowest trading level at $42.19.
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 9.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 68.11. 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.
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 the company, Citigroup on January 06, 2025, Upgraded its rating to Buy and sets its target price to $51 from $44 previously.
On October 31, 2024, TD Cowen reiterated its Hold rating and also upped its target price recommendation from $60 to $44.
TD Cowen reiterated its Hold rating for the stock on August 01, 2024, while the target price for the stock was revised from $48 to $60.
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 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 3416346112 and an Enterprise Value of 3103709440. As of this moment, FormFactor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.50, and their Forward P/E ratio for the next fiscal year is 26.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.60 while its Price-to-Book (P/B) ratio in mrq is 3.58. Its current Enterprise Value per Revenue stands at 4.181 whereas that against EBITDA is 38.967.
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 $37.25. The 50-Day Moving Average of the stock is 4.16%, while the 200-Day Moving Average is calculated to be -8.41%.
Shares Statistics:
According to the various share statistics, FORM traded on average about 791.77K shares per day over the past 3-months and 855560 shares per day over the past 10 days. 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 96.49% stake in the company. Shares short for FORM as of 1734048000 were 3210787 with a Short Ratio of 4.06, compared to 1731628800 on 2591194. Therefore, it implies a Short% of Shares Outstanding of 3210787 and a Short% of Float of 5.8000002.
