TDK (OTCMKTS:TTDKY) Downgraded by Zacks Research to “Strong Sell”

TDK (OTCMKTS:TTDKY) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other analysts have also recently commented on TTDKY. Wall Street Zen upgraded shares of 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 research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

TDK Stock Performance

Shares of TTDKY stock opened at $19.15 on Tuesday. TDK has a 12 month low of $10.14 and a 12 month high of $20.00. The stock has a market cap of $37.22 billion, a PE ratio of 27.75, a price-to-earnings-growth ratio of 1.59 and a beta of 1.14. The company has a current ratio of 1.53, a quick ratio of 1.18 and a debt-to-equity ratio of 0.16. The company’s fifty day moving average price is $15.48 and its 200-day moving average price is $15.00.

TDK (OTCMKTS:TTDKY) last announced its earnings results on Tuesday, April 28th. The technology company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). TDK had a net margin of 7.87% and a return on equity of 10.01%. The business had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $3.83 billion. TDK has set its FY 2027 guidance at 0.760-0.760 EPS. On average, equities analysts expect that TDK will post 0.76 EPS for the current fiscal year.

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.