TT Electronics (TTG) Share Price, News & Analysis

Company Overview

TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components. The Power and Connectivity segment designs and manufactures power application products and connectivity devices, which enable the capture and wireless transfer of data to optimize electronic systems. The Global Manufacturing Solutions segment provides manufacturing services and engineering solutions for its product divisions and to customers that require a lower volume and higher mix of various products. This segment manufactures integrated product assemblies, as well as provides engineering services, including designing testing solutions and value-engineering. The Sensors and Specialist Components segment develops standard and customized solutions, including sensors and power management devices. Its solutions enhance the precision, speed, and reliability of critical aspects of its customers applications. It offers its products and services under the AB Connectors, Aero Stanrew, BI Technologies, Ferranti, IRC, Optek Technology, Precision, Power Partners, PowerPax, Roxspur Measurement and Control, Semelab, Stontronics, Torotel, and Welwyn brands. The company was formerly known as TT Group plc and changed its name to TT Electronics plc in 2000. The company was incorporated in 1906 and is headquartered in Woking, the United Kingdom.

Key Stats

• Today's Range: 77.80 to 80.68
• 50-Day Range: 79 to 164.50
• 52-Week Range: 77.20 to 184
• Volume: 310,705 shs
• Average Volume: 516,424 shs
• Market Capitalization: £137.93 million
• P/E Ratio: N/A
• Dividend Yield: 9.00%
• Price Target: GBX 175
• Consensus Rating: Hold

TT Electronics Stock Analysis - MarketRank™

TT Electronics scored higher than 57% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

TT Electronics has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

TT Electronics has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of TT Electronics is -1,111.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of TT Electronics is -1,111.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

TT Electronics has a PEG Ratio of 0.60. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

TT Electronics has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TTG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

TT Electronics is a leading dividend payer. It pays a dividend yield of 7.79%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

TT Electronics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TTG.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Sentiment

TT Electronics has a news sentiment score of -0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for TT Electronics this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TT Electronics insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 9.06% of the stock of TT Electronics is held by insiders.

Percentage Held by Institutions

92.77% of the stock of TT Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TTG Stock Analysis - Frequently Asked Questions

How have TTG shares performed this year?

TT Electronics' stock was trading at GBX 156.20 on January 1st, 2024. Since then, TTG shares have decreased by 50.2% and is now trading at GBX 77.80.
View the best growth stocks for 2024 here.

How were TT Electronics' earnings last quarter?

TT Electronics plc (LON:TTG) released its quarterly earnings data on Wednesday, August, 7th. The company reported $8.80 EPS for the quarter, beating the consensus estimate of $7.90 by $0.90. TT Electronics had a negative trailing twelve-month return on equity of 4.59% and a negative net margin of 2.19%.

How do I buy shares of TT Electronics?

Shares of TTG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of TT Electronics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TT Electronics investors own include ConocoPhillips (COP), CAP-XX (CPX), Carclo (CAR), Alcoa (AA), AutoZone (AZO), Babcock International Group (BAB) and Bank of America (BAC).

Company Calendar

• Last Earnings: 8/07/2019
• Ex-Dividend for 10/15 Dividend: 9/12/2024
• Dividend Payable: 10/15/2024
• Today: 11/04/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Computer and Technology
• Industry: Electronic Components
• Sub-Industry: N/A
• Current Symbol: LON:TTG
• CUSIP: N/A
• CIK: N/A
• Web: www.ttelectronics.com
• Phone: +44-1932-825300
• Fax: N/A
• Employees: 4,945
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 175
• High Stock Price Target: GBX 260
• Low Stock Price Target: GBX 100
• Potential Upside/Downside: +124.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.07)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 4.65
• P/E Growth: 0.6
• Net Income: £-12,700,000.00
• Net Margins: -2.19%
• Pretax Margin: N/A
• Return on Equity: -4.59%
• Return on Assets: 0.42%

Debt

• Debt-to-Equity Ratio: 71.97
• Current Ratio: 2.26
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: £579.20 million
• Price / Sales: 0.24
• Cash Flow: GBX 19.37 per share
• Price / Cash Flow: 4.02
• Book Value: GBX 151 per share
• Price / Book: 0.52

Miscellaneous

• Outstanding Shares: 177,290,000
• Free Float: N/A
• Market Cap: £137.93 million
• Optionable: Not Optionable
• Beta: 0.95