Separately, analysts at DA Davidson initiated coverage on shares of FormFactor in a research note to investors on Monday, April 9th. They set a “buy” rating and a $12.00 price target on the stock.
Shares of FormFactor opened at 5.99 on Thursday. FormFactor has a one year low of $4.68 and a one year high of $10.64. The company’s market cap is $297.2 million.
FormFactor last issued its quarterly earnings data on Tuesday, May 1st. The company reported ($0.29) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.18. The company’s revenue for the quarter was down 13.9% on a year-over-year basis. On average, analysts predict that FormFactor will post $-0.18 earnings per share next quarter.
FormFactor, Inc. (FormFactor) designs, develops, manufactures, sells and supports precision semiconductor wafer probe cards.