FormFactor (FORM) Receives Daily News Sentiment Score of 0.24

Media coverage about FormFactor (NASDAQ:FORM) has been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. FormFactor earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 45.9345262676606 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

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FormFactor stock opened at $14.20 on Monday. FormFactor has a one year low of $10.45 and a one year high of $18.65. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.32 and a quick ratio of 2.58. The stock has a market cap of $1,049.34, a PE ratio of 14.20, a price-to-earnings-growth ratio of 0.87 and a beta of 1.34.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, February 7th. The semiconductor company reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.05). The firm had revenue of $131.90 million during the quarter, compared to the consensus estimate of $129.98 million. FormFactor had a net margin of 7.46% and a return on equity of 16.81%. sell-side analysts expect that FormFactor will post 1.02 earnings per share for the current fiscal year.

A number of equities analysts have recently commented on the stock. BidaskClub downgraded shares of FormFactor from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 27th. TheStreet downgraded shares of FormFactor from a “b-” rating to a “c+” rating in a research note on Tuesday, February 27th. Zacks Investment Research upgraded shares of FormFactor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 2nd. Citigroup reduced their price objective on shares of FormFactor from $16.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, February 9th. Finally, B. Riley restated a “buy” rating and set a $20.00 price objective (down from $22.00) on shares of FormFactor in a research note on Monday, January 29th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. FormFactor currently has an average rating of “Buy” and an average price target of $18.43.

In other FormFactor news, CFO Michael M. Ludwig sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $12.73, for a total value of $381,900.00. Following the sale, the chief financial officer now owns 270,387 shares in the company, valued at $3,442,026.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Michael M. Ludwig sold 45,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $13.05, for a total transaction of $587,250.00. Following the completion of the sale, the chief financial officer now owns 242,887 shares in the company, valued at approximately $3,169,675.35. The disclosure for this sale can be found here. Insiders have sold 98,431 shares of company stock worth $1,286,460 over the last ninety days. Insiders own 1.30% of the company’s stock.

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About FormFactor

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, and reliability test systems. The company offers probe cards that are used to test various semiconductor device types, including system on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies.

Insider Buying and Selling by Quarter for FormFactor (NASDAQ:FORM)

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