TTM Technologies, Inc. (NASDAQ:TTMI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

TTM Technologies, Inc. (NASDAQ:TTMI) has earned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $65.00.

A number of brokerages have weighed in on TTMI. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Wall Street Zen downgraded shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Needham & Company LLC raised their price target on shares of TTM Technologies from $65.00 to $77.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Finally, Stifel Nicolaus raised their price target on shares of TTM Technologies from $40.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, July 31st.

Insider Activity

In other news, insider Steven Spoto sold 3,484 shares of the firm’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $46.58, for a total transaction of $162,284.72. Following the completion of the transaction, the insider owned 28,649 shares of the company’s stock, valued at approximately $1,334,470.42. This trade represents a 10.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Wajid Ali purchased 5,000 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were acquired at an average cost of $41.75 per share, with a total value of $208,750.00. Following the purchase, the director directly owned 19,024 shares of the company’s stock, valued at approximately $794,252. The trade was a 35.65% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have sold 66,477 shares of company stock valued at $2,867,405. 1.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On TTM Technologies

Hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. raised its stake in TTM Technologies by 2.7% during the first quarter. Principal Financial Group Inc. now owns 507,745 shares of the technology company’s stock worth $10,414,000 after buying an additional 13,299 shares during the last quarter. New York State Teachers Retirement System raised its stake in TTM Technologies by 0.5% during the first quarter. New York State Teachers Retirement System now owns 110,577 shares of the technology company’s stock worth $2,268,000 after buying an additional 567 shares during the last quarter. Emerald Advisers LLC raised its stake in TTM Technologies by 34.3% during the first quarter. Emerald Advisers LLC now owns 1,439,931 shares of the technology company’s stock worth $29,533,000 after buying an additional 367,798 shares during the last quarter. Jump Financial LLC raised its stake in TTM Technologies by 419.1% during the first quarter. Jump Financial LLC now owns 73,336 shares of the technology company’s stock worth $1,504,000 after buying an additional 59,209 shares during the last quarter. Finally, Paradigm Capital Management Inc. NY raised its stake in TTM Technologies by 23.0% during the first quarter. Paradigm Capital Management Inc. NY now owns 53,500 shares of the technology company’s stock worth $1,097,000 after buying an additional 10,000 shares during the last quarter. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Performance

Shares of TTM Technologies stock opened at $67.20 on Friday. TTM Technologies has a fifty-two week low of $15.77 and a fifty-two week high of $67.47. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.03 and a quick ratio of 1.72. The firm has a market capitalization of $6.94 billion, a P/E ratio of 53.33 and a beta of 1.63. The company’s 50 day moving average price is $53.72 and its two-hundred day moving average price is $41.97.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. TTM Technologies had a net margin of 4.74% and a return on equity of 13.43%. The firm had revenue of $752.74 million for the quarter, compared to analyst estimates of $711.91 million. During the same quarter last year, the business posted $0.41 earnings per share. The company’s quarterly revenue was up 22.1% on a year-over-year basis. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. On average, equities analysts forecast that TTM Technologies will post 1.76 earnings per share for the current fiscal year.

TTM Technologies Company Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.