Metric Deep Dive: Understanding FormFactor Inc. (FORM) Through its Ratios

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After finishing at $48.72 in the prior trading day, FormFactor Inc. (NASDAQ: FORM) closed at $44.75, down -8.15%. In other words, the price has decreased by -$8.15 from its previous closing price. On the day, 1.15 million shares were traded. FORM stock price reached its highest trading level at $49.06 during the session, while it also had its lowest trading level at $44.73.

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 9.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 73.64. 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:

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 Oct 01 ’24 when SLESSOR MIKE sold 4,000 shares for $45.28 per share. The transaction valued at 181,129 led to the insider holds 530,276 shares of the business.

MIKE SLESSOR bought 4,000 shares of FORM for $181,129 on Oct 01 ’24. On Sep 03 ’24, another insider, SLESSOR MIKE, who serves as the CEO of the company, sold 4,000 shares for $46.31 each. As a result, the insider received 185,237 and left with 534,276 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 3463175680 and an Enterprise Value of 3149087232. As of this moment, FormFactor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.93, and their Forward P/E ratio for the next fiscal year is 24.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.91 while its Price-to-Book (P/B) ratio in mrq is 3.65. Its current Enterprise Value per Revenue stands at 4.461 whereas that against EBITDA is 48.252.

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 $31.51. The 50-Day Moving Average of the stock is -2.43%, while the 200-Day Moving Average is calculated to be -6.46%.

Shares Statistics:

The stock has traded on average 668.12K shares per day over the past 3-months and 565800 shares per day over the last 10 days, according to various share statistics. A total of 77.38M shares are outstanding, with a floating share count of 76.62M. Insiders hold about 0.99% of the company’s shares, while institutions hold 97.47% stake in the company. Shares short for FORM as of 1727654400 were 2079284 with a Short Ratio of 3.11, compared to 1724976000 on 2221029. Therefore, it implies a Short% of Shares Outstanding of 2079284 and a Short% of Float of 3.7600000000000002.

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