FormFactor Inc (NASDAQ: FORM) has reported earnings for its third fiscal quarter (ending September 30) of $0.24 versus $0.06 for the same period a year ago — an increase of 300%. For the latest four quarters through September 30, E.P.S. were $1.75 compared to $-0.10 a year ago — a decline of -1850%.
Recent Price Action
On 10/30/24, FormFactor Inc (NASDAQ: FORM) stock declined by -3.0%, closing at $43.81. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
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 (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. FormFactor has a poor Appreciation Score of 26 but a slightly positive Power Rating of 69, resulting in the Low 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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