FormFactor Inc. (FORM) is destined for greater heights as its last quarter sales were 197,470 K

FormFactor Inc. (NASDAQ: FORM) kicked off on Tuesday, up 5.21% from the previous trading day, before settling in for the closing price of $43.92. Over the past 52 weeks, FORM has traded in a range of $29.50-$63.62.

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Annual sales at Technology sector company grew by 5.15% over the past five years. While this was happening, its average annual earnings per share was recorded 57.78%. With a float of $76.61 million, this company’s outstanding shares have now reached $77.38 million.

Let’s look at the performance matrix of the company that is accounted for 2115 employees.

FormFactor Inc. (FORM) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of FormFactor Inc. is 1.01%, while institutional ownership is 97.35%. The most recent insider transaction that took place on Aug 06 ’24, was worth 277,570. Before that another transaction happened on Aug 06 ’24, when Company’s Director sold 6,770 for $41.94, making the entire transaction worth $283,951. This insider now owns 12,970 shares in total.

FormFactor Inc. (FORM) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 57.78% 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

Take a look at FormFactor Inc.’s (FORM) current performance indicators. Last quarter, stock had a quick ratio of 3.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.07. Likewise, its price to free cash flow for the trailing twelve months is 76.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.55, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.79 in one year’s time.

Technical Analysis of FormFactor Inc. (FORM)

FormFactor Inc. (NASDAQ: FORM) saw its 5-day average volume 0.79 million, a positive change from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 39.42%. Additionally, its Average True Range was 3.04.

During the past 100 days, FormFactor Inc.’s (FORM) raw stochastic average was set at 32.75%, which indicates a significant decrease from 44.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.72% in the past 14 days, which was higher than the 58.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $55.11, while its 200-day Moving Average is $45.96. Nevertheless, the first resistance level for the watch stands at $46.87 in the near term. At $47.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $48.78. If the price goes on to break the first support level at $44.96, it is likely to go to the next support level at $43.70. Assuming the price breaks the second support level, the third support level stands at $43.05.

FormFactor Inc. (NASDAQ: FORM) Key Stats

The company with the Market Capitalisation of 3.58 billion has total of 77,200K Shares Outstanding. Its annual sales at the moment are 663,100 K in contrast with the sum of 82,390 K annual income. Company’s last quarter sales were recorded 197,470 K and last quarter income was 19,390 K.