TDK (OTCMKTS:TTDKY – Get Free Report) issued its quarterly earnings data on Friday. The technology company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05, Zacks reports. TDK had a return on equity of 9.15% and a net margin of 7.87%.
TDK Stock Performance
Shares of TTDKY traded down $0.93 during midday trading on Friday, reaching $16.58. The stock had a trading volume of 134,070 shares, compared to its average volume of 245,771. TDK has a one year low of $11.91 and a one year high of $26.73. The firm has a market cap of $32.23 billion, a PE ratio of 24.38, a P/E/G ratio of 0.90 and a beta of 1.36. The firm has a 50 day simple moving average of $18.90 and a 200-day simple moving average of $17.87. The company has a current ratio of 1.47, a quick ratio of 1.11 and a debt-to-equity ratio of 0.15.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of TDK from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, TDK presently has a consensus rating of “Strong Buy”.
Read Our Latest Analysis on TDK
TDK Company Profile
TDK Corporation is a Japanese electronics company that develops and manufactures electronic components, materials and systems for consumer electronics, automotive, communications, industrial and energy-related applications. The company’s products include passive components such as capacitors and inductors, magnetic materials and components, sensors, power supplies, electronic modules and rechargeable batteries.
TDK is also active in energy storage through its lithium-ion and other battery technologies, which are used in mobile devices, electric vehicles, industrial equipment and energy-storage applications.
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