TDK Corp. (OTCMKTS:TTDKY) Short Interest Up 660.7% in February

TDK Corp. (OTCMKTS:TTDKY) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 116,591 shares, an increase of 660.7% from the January 29th total of 15,327 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 532,630 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 532,630 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

TDK Price Performance

Shares of TDK stock opened at $15.54 on Thursday. The stock has a market cap of $30.21 billion, a P/E ratio of 23.55, a P/E/G ratio of 1.57 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. The stock’s fifty day moving average is $14.01 and its 200 day moving average is $14.60. TDK has a one year low of $8.10 and a one year high of $18.51.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TTDKY. Wall Street Zen raised TDK from a “hold” rating to a “buy” rating in a report on Wednesday, February 4th. Nomura raised TDK to a “strong-buy” rating in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

TDK Company Profile

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.