TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $212.00.
Several analysts recently commented on the company. Zacks Research lowered TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Needham & Company LLC upped their price objective on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Stifel Nicolaus raised their price objective 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 lifted their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, B. Riley Financial boosted their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Thursday, May 28th.
Read Our Latest Research Report on TTM Technologies
TTM Technologies Price Performance
TTM Technologies (NASDAQ:TTMI – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. The firm had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The business’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Research analysts predict that TTM Technologies will post 3.7 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other TTM Technologies news, EVP Catherine A. Gridley sold 3,056 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total transaction of $638,520.64. Following the transaction, the executive vice president directly owned 71,866 shares of the company’s stock, valued at $15,015,682.04. This trade represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert P. Farrell sold 1,304 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.92, for a total transaction of $272,431.68. Following the sale, the insider directly owned 16,995 shares of the company’s stock, valued at $3,550,595.40. This represents a 7.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 82,043 shares of company stock valued at $17,191,859. 1.30% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in TTMI. GAMMA Investing LLC boosted its position in shares of TTM Technologies by 1.8% during the second quarter. GAMMA Investing LLC now owns 4,340 shares of the technology company’s stock worth $812,000 after buying an additional 75 shares during the period. Parallel Advisors LLC lifted its stake in TTM Technologies by 36.2% during the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after acquiring an additional 87 shares in the last quarter. Lido Advisors LLC lifted its stake in TTM Technologies by 1.5% during the 4th quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after acquiring an additional 116 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in TTM Technologies by 4.5% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock valued at $320,000 after acquiring an additional 142 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in TTM Technologies by 12.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,347 shares of the technology company’s stock valued at $131,000 after acquiring an additional 150 shares in the last quarter. 95.79% of the stock is currently 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.
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