TTM Technologies, Inc. (NASDAQ:TTMI) Given Average Rating of “Moderate Buy” by Analysts

TTM Technologies, Inc. (NASDAQ:TTMI) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $149.50.

A number of brokerages have recently weighed in on TTMI. Zacks Research lowered TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Needham & Company LLC raised their price target on TTM Technologies from $125.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Truist Financial lifted their price target on shares of TTM Technologies from $115.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Stifel Nicolaus boosted their price objective on shares of TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday.

Insider Activity

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total transaction of $1,683,864.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $105.94, for a total value of $2,118,800.00. Following the transaction, the executive vice president owned 78,645 shares in the company, valued at $8,331,651.30. This trade represents a 20.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 53,600 shares of company stock worth $5,509,880 in the last quarter. 1.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in TTM Technologies by 0.5% in the third quarter. Vanguard Group Inc. now owns 13,156,053 shares of the technology company’s stock worth $757,789,000 after purchasing an additional 60,002 shares during the period. Invesco Ltd. lifted its position in TTM Technologies by 3.5% during the fourth quarter. Invesco Ltd. now owns 4,980,091 shares of the technology company’s stock valued at $343,626,000 after buying an additional 166,188 shares during the period. Whale Rock Capital Management LLC boosted its holdings in shares of TTM Technologies by 112.1% during the 4th quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock valued at $295,066,000 after buying an additional 2,260,035 shares in the last quarter. Polar Capital Holdings Plc bought a new stake in shares of TTM Technologies during the 3rd quarter valued at $176,376,000. Finally, Geode Capital Management LLC grew its position in shares of TTM Technologies by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after buying an additional 81,588 shares during the period. Hedge funds and other institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Performance

Shares of NASDAQ:TTMI opened at $169.36 on Thursday. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average price of $123.34 and a 200-day moving average price of $96.67. The company has a market cap of $17.59 billion, a price-to-earnings ratio of 91.55 and a beta of 2.11. TTM Technologies has a 12 month low of $28.12 and a 12 month high of $180.00.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.09. The company had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.TTM Technologies’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period last year, the firm earned $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, equities analysts anticipate that TTM Technologies will post 3.17 EPS for the current year.

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.