TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) – Research analysts at B. Riley issued their FY2026 earnings estimates for shares of TTM Technologies in a report issued on Thursday, February 6th. B. Riley analyst M. Crawford anticipates that the technology company will post earnings per share of $2.08 for the year. The consensus estimate for TTM Technologies’ current full-year earnings is $1.74 per share.
Separately, Needham & Company LLC raised their price target on shares of TTM Technologies from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Thursday, February 6th.
TTM Technologies Stock Performance
NASDAQ:TTMI opened at $25.50 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.70 and a current ratio of 1.99. TTM Technologies has a fifty-two week low of $13.43 and a fifty-two week high of $30.41. The stock has a market capitalization of $2.60 billion, a P/E ratio of 47.22 and a beta of 1.19. The company has a 50 day moving average price of $25.13 and a 200 day moving average price of $21.89.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The technology company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.05. TTM Technologies had a net margin of 2.30% and a return on equity of 9.74%.
Institutional Trading of TTM Technologies
A number of institutional investors have recently added to or reduced their stakes in TTMI. Massachusetts Financial Services Co. MA purchased a new stake in shares of TTM Technologies in the third quarter valued at about $18,600,000. Point72 Hong Kong Ltd acquired a new position in TTM Technologies during the third quarter worth approximately $15,314,000. Victory Capital Management Inc. increased its position in TTM Technologies by 391.6% during the fourth quarter. Victory Capital Management Inc. now owns 980,509 shares of the technology company’s stock worth $24,268,000 after purchasing an additional 781,058 shares during the last quarter. Emerald Advisers LLC acquired a new stake in shares of TTM Technologies in the third quarter worth $13,693,000. Finally, Emerald Mutual Fund Advisers Trust acquired a new stake in shares of TTM Technologies in the third quarter worth $10,120,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.
Insider Buying and Selling
In other news, EVP Douglas L. Soder sold 19,015 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $25.00, for a total transaction of $475,375.00. Following the transaction, the executive vice president now directly owns 185,478 shares in the company, valued at $4,636,950. The trade was a 9.30 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Shawn A. Powers sold 6,400 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $23.74, for a total transaction of $151,936.00. Following the transaction, the executive vice president now owns 95,341 shares in the company, valued at approximately $2,263,395.34. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 42,261 shares of company stock worth $1,043,417 in the last ninety days. 1.30% of the stock is owned by corporate insiders.
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.
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