Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, FormFactor Inc’s stock clocked out at $41.04, down -3.28% from its previous closing price of $42.43. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 0.55 million shares were traded. FORM stock price reached its highest trading level at $42.53 during the session, while it also had its lowest trading level at $40.77.
Ratios:
To gain a deeper understanding of FORM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 63.37. 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 this company, TD Cowen on October 31, 2024, Reiterated its Hold rating but revised its target price to $44 from $60 previously.
On August 01, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $48 to $60.
TD Cowen reiterated its Hold rating for the stock on May 02, 2024, while the target price for the stock was revised from $37 to $48.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 02 ’24 when SLESSOR MIKE sold 4,000 shares for $40.59 per share. The transaction valued at 162,341 led to the insider holds 526,531 shares of the business.
MIKE SLESSOR bought 4,000 shares of FORM for $162,337 on Dec 02 ’24. On Nov 05 ’24, another insider, St Dennis Thomas, who serves as the Director of the company, sold 3,100 shares for $39.11 each. As a result, the insider received 121,233 and left with 37,429 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 3178572800 and an Enterprise Value of 2865936128. As of this moment, FormFactor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.72, and their Forward P/E ratio for the next fiscal year is 24.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.28 while its Price-to-Book (P/B) ratio in mrq is 3.33. Its current Enterprise Value per Revenue stands at 3.861 whereas that against EBITDA is 35.982.
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 $36.11. The 50-Day Moving Average of the stock is -4.13%, while the 200-Day Moving Average is calculated to be -14.56%.
Shares Statistics:
It appears that FORM traded 641.83K shares on average per day over the past three months and 630870 shares per day over the past ten days. A total of 77.45M shares are outstanding, with a floating share count of 76.68M. Insiders hold about 0.99% of the company’s shares, while institutions hold 96.45% stake in the company. Shares short for FORM as of 1731628800 were 2591194 with a Short Ratio of 4.04, compared to 1728950400 on 1814437. Therefore, it implies a Short% of Shares Outstanding of 2591194 and a Short% of Float of 4.68.
