Alert: Positive Investment/Fundamental Signals (6/21/24)-FormFactor Inc (NASDAQ: FORM)

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FormFactor Inc (NASDAQ: FORM) has recently enjoyed important positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Recent meaningful positive changes in investment behavior have benefitted FormFactor Inc (NASDAQ: FORM): the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

FORM’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

FormFactor has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. FormFactor has a poor Appreciation Score of 19 but a very high Power Rating of 94, producing the High Neutral Value Trend Rating.

Recent Price Action

On 6/21/24, FormFactor Inc (NASDAQ: FORM) stock rose modestly by 0.5%, closing at $57.95. Moreover, this advance was accompanied by exceptionally high trading volume at 262% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.1% during the last week.

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