TTM Technologies, Inc. (NASDAQ:TTMI) Given Average Recommendation of “Buy” by Analysts

TTM Technologies, Inc. (NASDAQ:TTMI) has been assigned an average recommendation of “Buy” from the six analysts that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $209.00.

Several equities research analysts have issued reports on the stock. Stifel Nicolaus raised their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Truist Financial raised their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. B. Riley Financial raised their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Needham & Company LLC raised their target price on shares of TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th.

TTM Technologies Price Performance

TTM Technologies stock opened at $167.62 on Monday. TTM Technologies has a 12-month low of $32.57 and a 12-month high of $200.68. The stock has a market capitalization of $17.41 billion, a P/E ratio of 90.61 and a beta of 2.10. The firm’s 50-day moving average is $143.94 and its two-hundred day moving average is $106.42. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. During the same period last year, the company earned $0.50 EPS. The firm’s revenue for the quarter was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities analysts predict that TTM Technologies will post 3.7 earnings per share for the current year.

Insider Activity

In related news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On TTM Technologies

Several hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC boosted its position in shares of TTM Technologies by 36.3% in the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after acquiring an additional 87 shares during the last quarter. Lido Advisors LLC boosted its position in shares of TTM Technologies by 1.5% in the fourth quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after acquiring an additional 116 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in TTM Technologies by 4.5% in the first quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock valued at $320,000 after buying an additional 142 shares during the period. EverSource Wealth Advisors LLC raised its holdings in TTM Technologies by 12.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,347 shares of the technology company’s stock valued at $131,000 after buying an additional 150 shares during the period. Finally, Tocqueville Asset Management L.P. raised its holdings in TTM Technologies by 0.8% in the fourth quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock valued at $1,301,000 after buying an additional 158 shares during the period. 95.79% of the stock is owned by institutional investors and hedge funds.

About TTM Technologies

TTM Technologies, Inc is a leading global manufacturer of printed circuit boards (PCBs) and related electronic components. The company’s product portfolio spans rigid, flexible and rigid-flex circuit boards, as well as advanced substrates, backplanes, hybrid circuits and integrated antenna modules. In addition to PCB fabrication, TTM offers comprehensive system‐level services, including design support, surface mount technology (SMT) assembly, cable and wire harness assembly, and complete box-build solutions to address end-to-end customer requirements.

Serving a broad array of end markets, TTM Technologies supports customers in the communications, computing, automotive, aerospace and defense, industrial, and medical sectors.