TDK (OTCMKTS:TTDKY) Shares Gap Down – What’s Next?

TDK Corp. (OTCMKTS:TTDKY) gapped down prior to trading on Thursday . The stock had previously closed at $15.6650, but opened at $14.47. TDK shares last traded at $15.15, with a volume of 1,009,540 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TTDKY. Nomura raised TDK to a “strong-buy” rating in a research note on Tuesday, February 3rd. Wall Street Zen upgraded TDK from a “hold” rating to a “buy” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company has an average rating of “Strong Buy”.

TDK Stock Performance

The firm’s 50 day simple moving average is $13.93 and its 200-day simple moving average is $14.50. The company has a market capitalization of $29.49 billion, a price-to-earnings ratio of 22.98, a P/E/G ratio of 1.30 and a beta of 0.78. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.18 and a current ratio of 1.53.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings results on Monday, February 2nd. The technology company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.03. The firm had revenue of $4.34 billion for the quarter, compared to analyst estimates of $612.08 billion. TDK had a return on equity of 9.83% and a net margin of 7.85%.TDK has set its FY 2026 guidance at 0.650-0.650 EPS. Analysts expect that TDK Corp. will post 0.61 EPS for the current year.

About TDK

TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.

TDK’s product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.