For its second fiscal quarter (ending June 30), FormFactor Inc (NASDAQ: FORM) has reported E.P.S. of $0.25 compared to $0.01 a year ago. For the latest four quarters through June 30, E.P.S. were $1.57 compared to $-0.09 a year ago.
Recent Price Action
On 7/31/24, FormFactor Inc (NASDAQ: FORM) stock enjoyed a very large increase of 6.1%, closing at $53.56. Moreover, this advance was accompanied by unusually high trading volume at 155% of normal. The stock has declined -11.1% during the last week but has been exceptionally strong relative to the market over the last nine months.
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 (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. FormFactor has a poor Appreciation Score of 18 but a very high Power Rating of 88, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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