In a report released today, Christian Schwab from Craig-Hallum maintained a Buy rating on Formfactor (FORM – Research Report). The company’s shares closed last Friday at $37.66.
Schwab covers the Technology sector, focusing on stocks such as Lantronix, Flex, and Formfactor. According to TipRanks, Schwab has an average return of 14.3% and a 59.26% success rate on recommended stocks.
Formfactor has an analyst consensus of Moderate Buy, with a price target consensus of $39.00.
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FORM market cap is currently $2.93B and has a P/E ratio of -398.10.
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FORM in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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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