TDK (OTCMKTS:TTDKY) Trading Up 7.5% – Time to Buy?

TDK Corp. (OTCMKTS:TTDKY) shot up 7.5% on Friday . The stock traded as high as $19.99 and last traded at $19.90. 14,862 shares were traded during mid-day trading, a decline of 95% from the average session volume of 287,135 shares. The stock had previously closed at $18.51.

Analyst Ratings Changes

Separately, Zacks Research upgraded TDK from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy”.

TDK Price Performance

The business’s 50-day moving average price is $21.93 and its 200 day moving average price is $17.35. 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 company has a market capitalization of $37.96 billion, a P/E ratio of 28.30, a price-to-earnings-growth ratio of 1.22 and a beta of 1.28.

TDK (OTCMKTS:TTDKY) last issued its quarterly earnings data on Friday, July 31st. The technology company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.02). TDK had a net margin of 7.87% and a return on equity of 10.01%. TDK has set its FY 2027 guidance at 0.760-0.760 EPS. Analysts anticipate that TDK Corp. will post 0.75 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.