Formfactor Stock Today

FORM Stock  USD 45.63  0.78  1.74%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
FormFactor is selling at 45.63 as of the 29th of March 2024; that is 1.74 percent up since the beginning of the trading day. The stock's lowest day price was 44.61. FormFactor has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for FormFactor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
12th of June 2003
Category
Technology
Classification
Information Technology
FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions. FormFactor, Inc. was incorporated in 1993 and is headquartered in Livermore, California. The company has 77.6 M outstanding shares of which 2.2 M shares are currently shorted by private and institutional investors with about 4.42 trading days to cover. More on FormFactor

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FormFactor Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FormFactor's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FormFactor or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and DirectorMichael Slessor
Thematic Ideas
(View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Semiconductor, Electronics, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering FormFactor report their recommendations after researching FormFactor's financial statements, talking to executives and customers, or listening in on FormFactor's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering FormFactor. The FormFactor consensus assessment is calculated by taking the average forecast from all of the analysts covering FormFactor.
FormFactor's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to FormFactor's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand FormFactor's financial leverage. It provides some insight into what part of FormFactor's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on FormFactor's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how FormFactor deploys its capital and how much of that capital is borrowed.
Liquidity
FormFactor cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 48.15 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. FormFactor has a current ratio of 3.09, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist FormFactor until it has trouble settling it off, either with new capital or with free cash flow. So, FormFactor's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FormFactor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FormFactor to invest in growth at high rates of return. When we think about FormFactor's use of debt, we should always consider it together with cash and equity.

Change To Liabilities

(3.56 Million)
FormFactor (FORM) is traded on NASDAQ Exchange in USA. It is located in 7005 Southfront Road, Livermore, CA, United States, 94551 and employs 2,115 people. FormFactor is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate FormFactor's market, we take the total number of its shares issued and multiply it by FormFactor's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. FormFactor conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 77.6 M outstanding shares of which 2.2 M shares are currently shorted by private and institutional investors with about 4.42 trading days to cover. FormFactor currently holds about 251.59 M in cash with 64.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.26.
Check FormFactor Probability Of Bankruptcy
Ownership Allocation
FormFactor retains a total of 77.6 Million outstanding shares. The majority of FormFactor outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in FormFactor to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in FormFactor. Please pay attention to any change in the institutional holdings of FormFactor as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check FormFactor Ownership Details

FormFactor Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of FormFactor jumping above the current price in 90 days from now is roughly 2.93%. The FormFactor probability density function shows the probability of FormFactor stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.3013. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FormFactor will likely underperform. Additionally, formFactor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 45.63HorizonTargetOdds Above 45.63
97.02%90 days
 45.63 
2.93%
Based on a normal probability distribution, the odds of FormFactor to move above the current price in 90 days from now is roughly 2.93 (This FormFactor probability density function shows the probability of FormFactor Stock to fall within a particular range of prices over 90 days) .

FormFactor Stock Institutional Holders

Institutional Holdings refers to the ownership stake in FormFactor that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of FormFactor's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing FormFactor's value.
InstituionRecorded OnShares
Goldman Sachs Group Inc2023-12-31
1.8 M
Geode Capital Management, Llc2023-12-31
1.8 M
Sei Investments Co2023-12-31
1.4 M
Silvercrest Asset Management Group Llc2023-12-31
1.3 M
Victory Capital Management Inc.2023-12-31
1.2 M
Morgan Stanley - Brokerage Accounts2023-12-31
M
Massachusetts Financial Services Company2023-12-31
969.7 K
Northern Trust Corp2023-12-31
857.8 K
Charles Schwab Investment Management Inc2023-12-31
825.5 K
Blackrock Inc2023-12-31
11.9 M
Vanguard Group Inc2023-12-31
9.5 M
View FormFactor Diagnostics

FormFactor Historical Income Statement

FormFactor Income Statement is one of the three primary financial statements used for reporting FormFactor's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of FormFactor revenue and expense. FormFactor Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, FormFactor's Net Income is very stable compared to the past year. As of the 29th of March 2024, Income Tax Expense is likely to grow to about 7.2 M, while Interest Expense is likely to drop about 399.9 K. View More Fundamentals

FormFactor Stock Against Markets

Picking the right benchmark for FormFactor stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FormFactor stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FormFactor is critical whether you are bullish or bearish towards FormFactor at a given time. Please also check how FormFactor's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in FormFactor without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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FormFactor Corporate Directors

FormFactor corporate directors refer to members of a FormFactor board of directors. The board of directors generally takes responsibility for the FormFactor's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of FormFactor's board members must vote for the resolution. The FormFactor board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Edward RogasIndependent DirectorProfile
Kelley StevenWaissIndependent DirectorProfile
Richard DeLateurIndependent DirectorProfile
Lothar MaierIndependent DirectorProfile

How to buy FormFactor Stock?

Before investing in FormFactor, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in FormFactor. To buy FormFactor stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of FormFactor. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase FormFactor stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located FormFactor stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased FormFactor stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as FormFactor, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy FormFactor Stock please use our How to Invest in FormFactor guide.

Already Invested in FormFactor?

The danger of trading FormFactor is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of FormFactor is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than FormFactor. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FormFactor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether FormFactor is a strong investment it is important to analyze FormFactor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FormFactor's future performance. For an informed investment choice regarding FormFactor Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FormFactor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running FormFactor's price analysis, check to measure FormFactor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FormFactor is operating at the current time. Most of FormFactor's value examination focuses on studying past and present price action to predict the probability of FormFactor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FormFactor's price. Additionally, you may evaluate how the addition of FormFactor to your portfolios can decrease your overall portfolio volatility.
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Is FormFactor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FormFactor. If investors know FormFactor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FormFactor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
1.05
Revenue Per Share
8.571
Quarterly Revenue Growth
0.013
Return On Assets
0.0072
Return On Equity
0.096
The market value of FormFactor is measured differently than its book value, which is the value of FormFactor that is recorded on the company's balance sheet. Investors also form their own opinion of FormFactor's value that differs from its market value or its book value, called intrinsic value, which is FormFactor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FormFactor's market value can be influenced by many factors that don't directly affect FormFactor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FormFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if FormFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FormFactor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.