FormFactor, Inc. (NASDAQ:FORM) – Investment analysts at DA Davidson lowered their Q2 2018 earnings per share estimates for shares of FormFactor in a research report issued on Thursday. DA Davidson analyst T. Diffely now expects that the semiconductor company will post earnings per share of $0.23 for the quarter, down from their previous estimate of $0.32. DA Davidson also issued estimates for FormFactor’s Q4 2018 earnings at $0.37 EPS.

FORM has been the topic of several other reports. Needham & Company LLC reissued a “buy” rating and issued a $18.00 target price on shares of FormFactor in a report on Friday, October 27th. Zacks Investment Research downgraded FormFactor from a “hold” rating to a “sell” rating in a report on Monday, January 22nd. B. Riley upped their price objective on FormFactor from $20.00 to $22.00 and gave the stock a “buy” rating in a report on Wednesday, November 1st. Citigroup upped their price objective on FormFactor from $16.00 to $17.40 and gave the stock a “neutral” rating in a report on Thursday, November 2nd. Finally, BidaskClub downgraded FormFactor from a “strong-buy” rating to a “buy” rating in a report on Friday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. FormFactor currently has an average rating of “Buy” and a consensus price target of $18.00.

FormFactor (FORM) opened at $12.40 on Monday. The company has a market capitalization of $892.30, a P/E ratio of 22.36, a PEG ratio of 0.72 and a beta of 1.27. The company has a quick ratio of 2.45, a current ratio of 3.16 and a debt-to-equity ratio of 0.20. FormFactor has a 1-year low of $10.45 and a 1-year high of $18.65.

Several hedge funds have recently bought and sold shares of FORM. Gotham Asset Management LLC acquired a new position in shares of FormFactor in the 2nd quarter valued at $140,000. Advisor Group Inc. lifted its stake in shares of FormFactor by 105.4% in the 3rd quarter. Advisor Group Inc. now owns 9,566 shares of the semiconductor company’s stock valued at $160,000 after purchasing an additional 4,909 shares during the period. SG Americas Securities LLC acquired a new position in shares of FormFactor in the 3rd quarter valued at $172,000. Thompson Davis & CO. Inc. acquired a new position in shares of FormFactor in the 4th quarter valued at $186,000. Finally, Csenge Advisory Group acquired a new position in shares of FormFactor in the 3rd quarter valued at $206,000. 82.93% of the stock is currently owned by institutional investors.

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About FormFactor

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.

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