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.
A number of analysts gave price targets for FORM. The highest price target was 19, implying a possible profit of 45.04 percent. The lowest price target was 15, implying potential capital losses of 14.5 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of FORM's earnings is estimated by analysts to be 222.33 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. FORM has a PEG ratio of 0.23.
FORM has traded between a high of 15.58 and a low of 8.55 over the past year. Today's price is 53.22 percent above the 52-week low, and below the high by 15.92 percent. FORM has a P/E 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 stock has a market capitalization of $0.9556 billion. FORM's next earnings release will be on 0000-00-00, which is days away.