TDK (OTCMKTS:TTDKY) Issues FY 2027 Earnings Guidance

TDK (OTCMKTS:TTDKY) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided EPS guidance of 0.760-0.760 for the period, compared to the consensus EPS estimate of 0.750. The company issued revenue guidance of $16.5 billion-$16.5 billion, compared to the consensus revenue estimate of $17.1 billion.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised 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. Based on data from MarketBeat, TDK currently has an average rating of “Buy”.

TDK Stock Up 5.7%

TDK stock traded up $1.05 during trading hours on Friday, hitting $19.56. The stock had a trading volume of 149,059 shares, compared to its average volume of 287,871. The stock’s 50-day moving average price is $21.93 and its 200-day moving average price is $17.35. The stock has a market capitalization of $38.02 billion, a P/E ratio of 28.35, a price-to-earnings-growth ratio of 1.22 and a beta of 1.28. TDK has a 12-month low of $11.69 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.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings results on Friday, July 31st. The technology company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates 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. Equities research analysts anticipate that TDK 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.