Analyst Ratings for FormFactor Inc. (FORM)

Updated: 2017-07-28

Analysts covering FormFactor Inc. (NASDAQ:FORM) have given it a consensus rating of Buy. A consensus rating of Buy was previously issued for FORM last month.

8 analysts issued ratings on the stock, where 7 gave FORM a buy rating, 0 gave an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for FORM. The most optimistic analyst gave a price target of 19, implying a possible profit of 45.04 percent. The most pessimistic analyst gave a price target of 15, implying potential capital losses of 14.5 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 25 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.49 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 15.55 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

FORM has an estimated earnings growth rate of 222.33 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of FORM is 0.23.

FORM has traded between a high of 15.58 and a low of 8.55 over the past year. The current market price is above the trailing year's low by 53.22 percent, and below the high by 15.92 percent. FORM has a price/earnings ratio of 50.38. Investors typically compare the P/E ratio to a company's peers in the industry. The FORM value stock report compares FORM to some of its peers using value stock charts. The market cap of FORM is $0.9556 billion. FORM's next earnings release will be on 0000-00-00, which is days away.