FY2026 EPS Forecast for TTM Technologies Lowered by Analyst

TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) - Investment analysts at B. Riley cut their FY2026 EPS estimates for TTM Technologies in a report issued on Monday, April 21st. B. Riley analyst M. Crawford now forecasts that the technology company will post earnings per share of $1.99 for the year, down from their prior estimate of $2.08. The consensus estimate for TTM Technologies' current full-year earnings is $1.76 per share.

Other analysts have also recently issued reports about the stock. Needham & Company LLC restated a "buy" rating and issued a $33.00 price target on shares of TTM Technologies in a report on Friday, March 21st. Stifel Nicolaus initiated coverage on TTM Technologies in a report on Tuesday, February 11th. They set a "buy" rating and a $33.00 price objective for the company.

TTM Technologies Stock Up 4.9 %

NASDAQ TTMI traded up $0.93 during midday trading on Tuesday, hitting $20.04. 564,680 shares of the company traded hands, compared to its average volume of 759,080. TTM Technologies has a 52 week low of $13.43 and a 52 week high of $30.41. The company's 50-day simple moving average is $21.41 and its 200-day simple moving average is $23.02. The company has a market cap of $2.04 billion, a PE ratio of 37.11 and a beta of 1.17. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.99 and a quick ratio of 1.71.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.52 earnings per share 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%.

Hedge Funds Weigh In On TTM Technologies

Several institutional investors and hedge funds have recently modified their holdings of the stock. MML Investors Services LLC purchased a new stake in TTM Technologies in the 3rd quarter worth approximately $259,000. Barclays PLC grew its position in shares of TTM Technologies by 59.8% during the 3rd quarter. Barclays PLC now owns 407,524 shares of the technology company's stock valued at $7,437,000 after acquiring an additional 152,456 shares during the period. Geode Capital Management LLC raised its stake in shares of TTM Technologies by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 2,437,400 shares of the technology company's stock worth $44,491,000 after buying an additional 30,738 shares during the period. Virtu Financial LLC acquired a new stake in TTM Technologies in the 3rd quarter valued at $197,000. Finally, Sanctuary Advisors LLC raised its position in TTM Technologies by 15.5% during the third quarter. Sanctuary Advisors LLC now owns 32,247 shares of the technology company's stock worth $589,000 after acquiring an additional 4,316 shares during the period. Institutional investors and hedge funds own 95.79% of the company's stock.

Insiders Place Their Bets

In other news, SVP Dale Martin Knecht sold 3,848 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $26.01, for a total value of $100,086.48. Following the transaction, the senior vice president now directly owns 86,346 shares of the company's stock, valued at approximately $2,245,859.46. This represents a 4.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Philip Titterton sold 24,792 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $25.56, for a total value of $633,683.52. Following the completion of the sale, the chief operating officer now owns 157,528 shares in the company, valued at approximately $4,026,415.68. This represents a 13.60 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 50,817 shares of company stock valued at $1,316,006. Insiders own 1.30% of the company's stock.

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.