Company Overview - FormFactor (FORM) currently holds a Momentum Style Score of B, indicating a positive outlook based on its price change and earnings estimate revisions [3][12] - The company has a Zacks Rank of 2 (Buy), which is supported by research showing that stocks with this rating and a Style Score of A or B tend to outperform the market in the following month [4] Price Performance - Over the past week, FORM shares have increased by 2.76%, while the Zacks Electronics - Semiconductors industry has decreased by 1.22% [6] - In a longer time frame, FORM's monthly price change is 12.51%, outperforming the industry's 6.51% [6] - Over the past quarter, FORM shares have surged by 59.81%, and over the last year, they have gained 26.29%, compared to the S&P 500's increases of 3.01% and 17.28%, respectively [7] Trading Volume - FORM's average 20-day trading volume is 883,485 shares, which serves as a useful baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, 6 earnings estimates for FORM have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $1.03 to $1.17 [10] - For the next fiscal year, 6 estimates have also moved upwards without any downward revisions [10]
What Makes FormFactor (FORM) a Strong Momentum Stock: Buy Now?