[ibd-display-video id=2368044 width=50 float=left autostart=true] The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The best stocks tend to have a 95 or better grade as they begin to launch a significant move.
Formfactor broke out earlier, but is now trading approximately -4% below the prior 15.60 entry from a cup with handle . If a stock you're tracking breaks past a buy point then retreats 7% or more below the original entry price, it's considered a failed base. It's best to wait for the stock to form a new consolidation and breakout.
The stock sports a 98 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 98% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q3, the company reported 55% earnings-per-share growth. Top line growth came in at 17%, down from 73% in the prior quarter.
Formfactor holds the No. 8 rank among its peers in the Electronics-Semiconductor Equipment industry group. Data IO ( DAIO ), Applied Materials ( AMAT ) and Entegris ( ENTG ) are among the top 5 highly-rated stocks within the group.