BidaskClub cut shares of FormFactor (NASDAQ:FORM) from a strong-buy rating to a buy rating in a research note released on Friday.

FORM has been the subject of a number of other reports. Needham & Company LLC reaffirmed a buy rating and issued a $18.00 target price on shares of FormFactor in a research note on Friday, October 27th. Zacks Investment Research downgraded shares of FormFactor from a hold rating to a sell rating in a research note on Monday, January 22nd. B. Riley boosted their target price on shares of FormFactor from $20.00 to $22.00 and gave the stock a buy rating in a research note on Wednesday, November 1st. Finally, Citigroup boosted their target price on shares of FormFactor from $16.00 to $17.40 and gave the stock a neutral rating in a research note on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. FormFactor presently has an average rating of Buy and a consensus target price of $18.00.

FormFactor (NASDAQ:FORM) opened at $12.45 on Friday. FormFactor has a 12 month low of $10.45 and a 12 month high of $18.65. The firm has a market cap of $903.03, a PE ratio of 12.45, a price-to-earnings-growth ratio of 0.72 and a beta of 1.27. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.16 and a quick ratio of 2.45.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Schwab Charles Investment Management Inc. raised its stake in shares of FormFactor by 6.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 334,956 shares of the semiconductor company’s stock worth $4,154,000 after buying an additional 20,777 shares during the last quarter. Algert Global LLC raised its stake in shares of FormFactor by 26.7% during the third quarter. Algert Global LLC now owns 199,305 shares of the semiconductor company’s stock worth $3,358,000 after buying an additional 42,022 shares during the last quarter. State of Wisconsin Investment Board raised its stake in shares of FormFactor by 4.3% during the third quarter. State of Wisconsin Investment Board now owns 600,000 shares of the semiconductor company’s stock worth $10,110,000 after buying an additional 25,000 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of FormFactor by 4.4% during the second quarter. Vanguard Group Inc. now owns 5,971,401 shares of the semiconductor company’s stock worth $74,045,000 after buying an additional 253,323 shares during the last quarter. Finally, 22NW LP bought a new stake in shares of FormFactor during the third quarter worth approximately $337,000. 82.93% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://theolympiareport.com/2018/02/12/formfactor-form-lowered-to-buy-at-bidaskclub.html.

FormFactor Company Profile

FormFactor, Inc is a provider of test and measurement solutions. The Company’s segments include the Probe Cards segment and Systems segment. The Company designs, manufactures and sells multiple product lines, including probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, reliability test systems, and related services.

Analyst Recommendations for FormFactor (NASDAQ:FORM)

Receive News & Ratings for FormFactor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FormFactor and related companies with MarketBeat.com's FREE daily email newsletter.