Stock To Watch: FormFactor, Inc. (NASDAQ:FORM)


The leading market experts have placed a mean price target of $13.13 on FormFactor, Inc. (NASDAQ:FORM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.23 a share for the upcoming quarter and $0.47 for the current fiscal.

Technical View

The technical analysis of FormFactor, Inc. plainly substantiates that the 50-day moving average of FormFactor, Inc. is $9.97, and stock is trading $0.89 points away or +8.98% from its 50-day moving average of $9.97. Further it is trading $2.76 or +34.05% away its 200-day moving average of $8.10. FormFactor, Inc. (NASDAQ:FORM) 52-week high is $11.19 and the 52-week low is $5.95.

This explains if the stock moves $-0.33, it will post a 52-week high. In event of +82.52% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of FormFactor, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, FormFactor, Inc. (NASDAQ:FORM) ratio came in at 32.23.

The stock last ended the trading session at $10.86 and registered a market cap of $766.34M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. FormFactor, Inc. (NASDAQ:FORM) PEG ratio is at 1.82.

1 Chart Pattern Every Investor Should Know

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