TTM Technologies (TTMI) to Release Earnings on Wednesday

TTM Technologies (NASDAQ:TTMI) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect TTM Technologies to post earnings of $0.47 per share and revenue of $630.11 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

TTM Technologies Trading Up 1.4 %

TTM Technologies stock opened at $24.18 on Wednesday. TTM Technologies has a 1 year low of $13.43 and a 1 year high of $28.00. The firm’s 50-day moving average is $24.97 and its 200-day moving average is $21.67. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.70 and a current ratio of 2.00. The company has a market cap of $2.47 billion, a P/E ratio of 36.64 and a beta of 1.19.

Insider Activity at TTM Technologies

In related news, EVP Shawn A. Powers sold 6,400 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $23.74, for a total transaction of $151,936.00. Following the sale, the executive vice president now owns 95,341 shares of the company’s stock, valued at $2,263,395.34. The trade was a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Douglas L. Soder sold 5,985 shares of the stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $25.00, for a total value of $149,625.00. Following the transaction, the executive vice president now directly owns 179,493 shares of the company’s stock, valued at approximately $4,487,325. The trade was a 3.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 47,044 shares of company stock worth $1,163,803 in the last three months. 1.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC restated a “buy” rating and set a $30.00 price objective on shares of TTM Technologies in a research report on Tuesday, January 14th.

About TTM Technologies

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.