A new trading day began on Friday, with FormFactor Inc. (NASDAQ: FORM) stock price down -3.16% from the previous day of trading, before settling in for the closing price of $42.09. FORM’s price has ranged from $24.88 to $47.94 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 5.15%. Meanwhile, its annual earnings per share averaged 43.16%. With a float of $76.80 million, this company’s outstanding shares have now reached $77.38 million.
Let’s determine the extent of company efficiency that accounts for 2115 employees.
FormFactor Inc. (FORM) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of FormFactor Inc. is 1.01%, while institutional ownership is 99.26%. The most recent insider transaction that took place on Apr 01 ’24, was worth 183,755. In this transaction CEO of this company sold 4,000 shares at a rate of $45.94, taking the stock ownership to the 495,781 shares. Before that another transaction happened on Mar 04 ’24, when Company’s CFO, SVP Global Finance sold 10,000 for $44.51, making the entire transaction worth $445,122. This insider now owns 27,591 shares in total.
FormFactor Inc. (FORM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 49.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 43.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to -5.30% drop over the previous five years of trading.
FormFactor Inc. (NASDAQ: FORM) Trading Performance Indicators
Here are FormFactor Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.77. Likewise, its price to free cash flow for the trailing twelve months is 369.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.05, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.62 in one year’s time.
Technical Analysis of FormFactor Inc. (FORM)
Looking closely at FormFactor Inc. (NASDAQ: FORM), its last 5-days average volume was 0.36 million, which is a drop from its year-to-date volume of 0.45 million. As of the previous 9 days, the stock’s Stochastic %D was 1.70%. Additionally, its Average True Range was 1.56.
During the past 100 days, FormFactor Inc.’s (FORM) raw stochastic average was set at 39.32%, which indicates a significant increase from 2.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.29% in the past 14 days, which was lower than the 40.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.46, while its 200-day Moving Average is $37.86. However, in the short run, FormFactor Inc.’s stock first resistance to watch stands at $41.91. Second resistance stands at $43.06. The third major resistance level sits at $43.73. If the price goes on to break the first support level at $40.09, it is likely to go to the next support level at $39.42. Should the price break the second support level, the third support level stands at $38.27.
FormFactor Inc. (NASDAQ: FORM) Key Stats
With a market capitalization of 3.16 billion, the company has a total of 77,418K Shares Outstanding. Currently, annual sales are 663,100 K while annual income is 82,390 K. The company’s previous quarter sales were 168,160 K while its latest quarter income was 75,850 K.
