TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) EVP Shawn Powers sold 3,367 shares of the business’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $703,500.98. Following the transaction, the executive vice president directly owned 120,801 shares of the company’s stock, valued at approximately $25,240,160.94. This represents a 2.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
TTM Technologies Trading Down 3.9%
Shares of NASDAQ:TTMI opened at $179.70 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The stock’s 50-day moving average is $176.32 and its 200-day moving average is $122.65. The company has a market cap of $18.66 billion, a P/E ratio of 97.14 and a beta of 2.09. TTM Technologies, Inc. has a 52-week low of $39.20 and a 52-week high of $223.83.
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 the consensus estimate of $0.66 by $0.09. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The business had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter in the previous year, the firm earned $0.50 EPS. The firm’s revenue 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 research analysts predict that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.
Trending Headlines about TTM Technologies
- Positive Sentiment: Zacks recently highlighted TTMI as a top growth stock and added it to its Strong Buy/momentum lists, reinforcing bullish sentiment around the company’s earnings outlook and price momentum. Why TTM Technologies (TTMI) is a Top Growth Stock for the Long-Term
- Positive Sentiment: The company is benefiting from strong prior-quarter results and upbeat analyst targets, with recent reports noting earnings and revenue beat estimates and multiple firms maintaining Buy ratings. TTM Technologies stock page
- Positive Sentiment: Tradr announced leveraged ETFs tied to TTM Technologies, which may increase trading interest and improve visibility among active investors. Tradr Introduces Leveraged ETFs on Ciena, Quantinuum, Rambus, Tower Semiconductor and TTM Technologies
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on TTMI shares. Needham & Company LLC boosted their target price on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Truist Financial boosted their price objective on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. B. Riley Financial upped their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Finally, Wall Street Zen downgraded TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $212.00.
Get Our Latest Stock Analysis on TTM Technologies
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Optiver Holding B.V. boosted its holdings in TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after purchasing an additional 170 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of TTM Technologies in the 4th quarter worth approximately $30,000. Truvestments Capital LLC bought a new position in shares of TTM Technologies during the 4th quarter worth approximately $30,000. Rakuten Securities Inc. bought a new position in shares of TTM Technologies during the 4th quarter worth approximately $32,000. Finally, Parallel Advisors LLC boosted its stake in TTM Technologies by 36.2% in the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after buying an additional 87 shares in the last quarter. Institutional investors own 95.79% of the company’s stock.
TTM Technologies Company Profile
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.
Further Reading
- Five stocks we like better than TTM Technologies
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
Receive News & Ratings for TTM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
