TDK (TTDKY) Projected to Release Earnings on Friday

TDK (OTCMKTS:TTDKY) is expected to be issuing its results after the market closes on Friday, October 30th. Analysts expect TDK to announce earnings of $0.26 per share and revenue of $5.07 billion for the quarter.

TDK Price Performance

TDK stock opened at $17.92 on Thursday. TDK has a 12 month low of $11.91 and a 12 month high of $26.73. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.47 and a quick ratio of 1.11. The business has a 50 day simple moving average of $18.93 and a 200-day simple moving average of $17.86. The stock has a market capitalization of $34.83 billion, a PE ratio of 26.35, a price-to-earnings-growth ratio of 0.84 and a beta of 1.36.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of TDK from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating. According to MarketBeat, TDK currently has an average rating of “Strong Buy”.

TDK Company Profile

TDK Corporation is a Japanese electronics company that develops and manufactures electronic components, materials and systems for consumer electronics, automotive, communications, industrial and energy-related applications. The company’s products include passive components such as capacitors and inductors, magnetic materials and components, sensors, power supplies, electronic modules and rechargeable batteries.

TDK is also active in energy storage through its lithium-ion and other battery technologies, which are used in mobile devices, electric vehicles, industrial equipment and energy-storage applications.