We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Why FormFactor (FORM) Could Be Positioned for a Surge
Read MoreHide Full Article
FormFactor, Inc. (FORM - Free Report) , a leading provider of essential test and measurement technologies, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on FORM’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that FormFactor could be a solid choice for investors.
Current Quarter Estimates for FORM
In the past 30 days, three estimates have gone higher for FormFactor while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 28 cents a share 30 days ago, to 32 cents today, a move of 14.3%.
Current Year Estimates for FORM
Meanwhile, FormFactor’s current year figures are also looking quite promising, with three estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.03 per share 30 days ago to $1.19 per share today, an increase of 15.5%.
The stock has also started to move higher lately, adding 7.6% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can seethe complete list of today’s Zacks #1 Rank stocks here.
Zacks' 10-Minute Stock-Picking Secret
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month. Learn the secret >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Why FormFactor (FORM) Could Be Positioned for a Surge
FormFactor, Inc. (FORM - Free Report) , a leading provider of essential test and measurement technologies, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on FORM’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that FormFactor could be a solid choice for investors.
Current Quarter Estimates for FORM
In the past 30 days, three estimates have gone higher for FormFactor while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 28 cents a share 30 days ago, to 32 cents today, a move of 14.3%.
Current Year Estimates for FORM
Meanwhile, FormFactor’s current year figures are also looking quite promising, with three estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.03 per share 30 days ago to $1.19 per share today, an increase of 15.5%.
FormFactor, Inc. Price and Consensus
FormFactor, Inc. Price and Consensus | FormFactor, Inc. Quote
Bottom Line
The stock has also started to move higher lately, adding 7.6% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can seethe complete list of today’s Zacks #1 Rank stocks here.
Zacks' 10-Minute Stock-Picking Secret
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month.
Learn the secret >>