Over the last week most of the analysts following FORM have upgraded their estimates for the company, with an average lift in consensus of about 30%
- For fiscal 2012, 4 out of 5 analyst have increased their estimates, raising the consensus EPS to ($.95) from ($1.27) a week ago
- For fiscal 2013, 2 out of 4 analysts have increased their estimates, raising the consensus EPS to ($.42) vs. ($.50) a week ago
While the stock has risen 10% last week there is still some nice upside left in the stock.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.