TDK (OTCMKTS:TTDKY) Upgraded to Hold at Zacks Research

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

TTDKY has been the topic of several other reports. 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 investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, TDK has a consensus rating of “Buy”.

TDK Stock Performance

OTCMKTS:TTDKY opened at $24.37 on Monday. TDK has a 12-month low of $10.14 and a 12-month high of $26.73. The company has a quick ratio of 1.18, a current ratio of 1.53 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $47.37 billion, a PE ratio of 35.32, a price-to-earnings-growth ratio of 2.19 and a beta of 1.25. The firm has a 50-day moving average price of $17.01 and a 200 day moving average price of $15.35.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.05). TDK had a return on equity of 10.01% and a net margin of 7.87%.The firm had revenue of $4.05 billion for the quarter, compared to analyst estimates of $3.83 billion. TDK has set its FY 2027 guidance at 0.760-0.760 EPS. Research analysts anticipate that TDK will post 0.76 earnings per share 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.