TTM Technologies (TTMI) to Release Quarterly Earnings on Wednesday

TTM Technologies (NASDAQ:TTMI - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $630.11 million for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

TTM Technologies Stock Performance

TTMI traded up $0.01 on Friday, hitting $24.59. 683,829 shares of the stock traded hands, compared to its average volume of 514,911. The business has a fifty day moving average price of $25.02 and a two-hundred day moving average price of $21.72. The company has a current ratio of 2.00, a quick ratio of 1.70 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $2.51 billion, a PE ratio of 37.26 and a beta of 1.19. TTM Technologies has a 52 week low of $13.43 and a 52 week high of $28.00.

Insider Buying and Selling at TTM Technologies

In other news, EVP Catherine A. Gridley sold 5,000 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $25.15, for a total transaction of $125,750.00. Following the sale, the executive vice president now owns 115,296 shares in the company, valued at approximately $2,899,694.40. This represents a 4.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Douglas L. Soder sold 19,015 shares of the firm's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $25.00, for a total value of $475,375.00. Following the completion of the sale, the executive vice president now owns 185,478 shares of the company's stock, valued at approximately $4,636,950. This trade represents a 9.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 47,044 shares of company stock worth $1,163,803 over the last three months. Company insiders own 1.30% of the company's stock.

Analysts Set New Price Targets

Separately, Needham & Company LLC reissued a "buy" rating and issued a $30.00 price target on shares of TTM Technologies in a 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.