TTM Technologies (NASDAQ:TTMI - Get Free Report) posted its quarterly earnings results on Wednesday. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.47 by $0.05, Zacks reports. TTM Technologies had a net margin of 2.30% and a return on equity of 9.74%. TTM Technologies updated its Q1 2025 guidance to 0.370-0.430 EPS.
TTM Technologies Stock Performance
Shares of TTMI stock traded down $0.97 during trading hours on Friday, reaching $25.75. The stock had a trading volume of 1,090,937 shares, compared to its average volume of 746,067. The firm has a market capitalization of $2.63 billion, a PE ratio of 47.69 and a beta of 1.19. The firm has a 50-day simple moving average of $25.12 and a 200-day simple moving average of $21.85. TTM Technologies has a twelve month low of $13.43 and a twelve month high of $30.41. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.99 and a quick ratio of 1.70.
Analysts Set New Price Targets
Separately, Needham & Company LLC lifted their target price on TTM Technologies from $30.00 to $33.00 and gave the company a "buy" rating in a research note on Thursday.
Check Out Our Latest Research Report on TTMI
Insider Buying and Selling at TTM Technologies
In related news, insider Jeff Jankowsky sold 5,000 shares of the company's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $25.00, for a total value of $125,000.00. Following the completion of the sale, the insider now owns 50,273 shares of the company's stock, valued at $1,256,825. This represents a 9.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Douglas L. Soder sold 19,015 shares of the 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 completion of the transaction, the executive vice president now owns 185,478 shares of the company's stock, valued at $4,636,950. This represents a 9.30 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 42,261 shares of company stock valued at $1,043,417 in the last ninety days. Company insiders own 1.30% of the company's stock.
About TTM Technologies
(
Get Free Report)
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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