TDK (OTCMKTS:TTDKY) Shares Gap Up – Time to Buy?

TDK Corp. (OTCMKTS:TTDKY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $14.6450, but opened at $15.81. TDK shares last traded at $15.78, with a volume of 23,675 shares traded.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Nomura upgraded shares of TDK to a “strong-buy” rating in a report on Tuesday, February 3rd. Wall Street Zen raised shares of TDK from a “hold” rating to a “buy” rating in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, TDK presently has an average rating of “Strong Buy”.

TDK Stock Up 4.9%

The company’s 50-day simple moving average is $14.10 and its two-hundred day simple moving average is $14.64. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.53 and a quick ratio of 1.18. The firm has a market capitalization of $32.13 billion, a P/E ratio of 25.05, a P/E/G ratio of 1.24 and a beta of 0.85.

TDK (OTCMKTS:TTDKY) last announced its quarterly earnings data on Monday, February 2nd. The technology company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.03. The firm had revenue of $4.34 billion during the quarter, compared to analysts’ expectations of $612.08 billion. TDK had a net margin of 7.85% and a return on equity of 9.83%. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. As a group, research analysts expect that TDK Corp. will post 0.61 earnings per share for the current 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.