TTM Technologies (NASDAQ:TTMI) Downgraded by Zacks Research to “Hold”

TTM Technologies (NASDAQ:TTMI) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Other equities analysts have also issued reports about the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Needham & Company LLC upped their price target on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Stifel Nicolaus raised their price objective on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Truist Financial lifted their price objective on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Finally, B. Riley Financial boosted their target price on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, TTM Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $212.00.

TTM Technologies Stock Up 0.1%

NASDAQ:TTMI opened at $187.02 on Monday. The firm’s 50-day moving average price is $175.24 and its 200-day moving average price is $121.95. The company has a market capitalization of $19.42 billion, a PE ratio of 101.09 and a beta of 2.09. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. TTM Technologies has a 1-year low of $39.20 and a 1-year high of $223.83.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same period last year, the company posted $0.50 EPS. TTM Technologies’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, equities analysts predict that TTM Technologies will post 3.7 EPS for the current fiscal year.

Insider Buying and Selling

In other TTM Technologies news, insider Robert P. Farrell sold 1,304 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $208.92, for a total transaction of $272,431.68. Following the transaction, the insider owned 16,995 shares in the company, valued at approximately $3,550,595.40. This represents a 7.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Daniel J. Weber sold 2,915 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $208.94, for a total transaction of $609,060.10. Following the sale, the executive vice president directly owned 88,250 shares in the company, valued at approximately $18,438,955. The trade was a 3.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 82,043 shares of company stock worth $17,191,859 in the last three months. 1.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of TTM Technologies in the fourth quarter valued at about $668,000. Geode Capital Management LLC raised its position in shares of TTM Technologies by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after purchasing an additional 81,588 shares during the last quarter. Royce & Associates LP lifted its stake in TTM Technologies by 103.5% in the 4th quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock valued at $18,564,000 after buying an additional 136,845 shares in the last quarter. Wealth High Governance Capital Ltda lifted its stake in TTM Technologies by 408.6% in the 4th quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock valued at $12,632,000 after buying an additional 147,079 shares in the last quarter. Finally, Divisadero Street Capital Management LP acquired a new stake in TTM Technologies in the 3rd quarter worth about $13,580,000. Institutional investors own 95.79% of the company’s stock.

Trending Headlines about TTM Technologies

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: TTM Technologies was upgraded to Zacks Rank #1 (Strong Buy), suggesting improved earnings expectations and stronger near-term sentiment from analysts. TTM upgraded to Strong Buy
• Positive Sentiment: TTMI also made Zacks’ Best Momentum Stocks list, which can attract traders looking for continuing price strength. TTMI on Best Momentum Stocks list
• Positive Sentiment: The stock was added to Zacks’ Strong Buy list, reinforcing bullish sentiment around its earnings outlook and momentum profile. TTMI added to Strong Buy list
• Neutral Sentiment: Several company insiders, including the CAO, CFO, COO, and multiple EVPs, disclosed share sales at around $208.92-$208.95 per share. While these sales may weigh on sentiment, they were modest relative to their remaining holdings and were fully disclosed in SEC filings. Insider selling disclosures

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.