TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat reports. One 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 target among brokers that have issued a report on the stock in the last year is $149.50.
Several equities research analysts have recently issued reports on TTMI shares. Needham & Company LLC increased their target price on shares of 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 increased their target price on shares of TTM Technologies from $115.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. B. Riley Financial reissued a “buy” rating on shares of TTM Technologies in a research note on Friday, April 24th. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th.
View Our Latest Stock Analysis on TTMI
TTM Technologies Price Performance
TTM Technologies (NASDAQ:TTMI – Get Free Report) 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. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. During the same period in the prior year, the company posted $0.50 EPS. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Research analysts expect that TTM Technologies will post 3.17 EPS for the current year.
Insider Transactions at TTM Technologies
In related news, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the completion of the transaction, the executive vice president owned 78,645 shares in the company, valued at $8,331,651.30. This represents a 20.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel J. Weber sold 12,000 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the transaction, the executive vice president owned 94,621 shares of the company’s stock, valued at approximately $8,883,019.48. This trade represents a 11.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 88,350 shares of company stock valued at $8,797,770 in the last ninety days. 1.30% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Horizon Investment Services LLC raised its holdings in TTM Technologies by 255.7% in the 3rd quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company’s stock valued at $1,588,000 after acquiring an additional 19,820 shares during the last quarter. Oak Ridge Investments LLC acquired a new stake in TTM Technologies in the 3rd quarter valued at about $1,812,000. Navellier & Associates Inc. acquired a new stake in TTM Technologies in the 3rd quarter valued at about $3,271,000. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in TTM Technologies in the 4th quarter valued at about $668,000. Finally, Lisanti Capital Growth LLC raised its holdings in TTM Technologies by 142.2% in the 3rd quarter. Lisanti Capital Growth LLC now owns 92,107 shares of the technology company’s stock valued at $5,305,000 after acquiring an additional 54,072 shares during the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.
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 systemâlevel 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.
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