In a report released today, Christian Schwab from Craig-Hallum maintained a Buy rating on Formfactor (FORM – Research Report). The company’s shares closed yesterday at $33.78.
Schwab covers the Technology sector, focusing on stocks such as ACM Research, Formfactor, and Aehr Test Systems. According to TipRanks, Schwab has an average return of 15.8% and a 56.35% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Formfactor with a $38.83 average price target, representing a 14.95% upside. In a report released on September 19, D.A. Davidson also reiterated a Buy rating on the stock with a $42.00 price target.
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FORM market cap is currently $2.62B and has a P/E ratio of -358.22.
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Formfactor (FORM) Company Description:
FormFactor, Inc. engages in the provision of test and measurement solutions. It operates through the following segments: Probe Cards and Systems. The Probe Cards segment consists of technologies and product architectures, including micro-electromechanical systems technologies. The Systems segment comprises of analytical probe solutions for on-wafer probing, board test, and package test. FormFactor was founded by Igor Khandros on April 15, 1993 and is headquartered in Livermore, CA.
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