FY2026 EPS Estimates for TTM Technologies Lifted by B. Riley

TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) - B. Riley increased their FY2026 earnings estimates for shares of TTM Technologies in a report released on Wednesday, July 16th. B. Riley analyst M. Crawford now anticipates that the technology company will post earnings of $2.11 per share for the year, up from their previous estimate of $2.09. B. Riley has a "Buy" rating and a $50.00 price objective on the stock. The consensus estimate for TTM Technologies' current full-year earnings is $1.76 per share. B. Riley also issued estimates for TTM Technologies' Q4 2026 earnings at $0.60 EPS and Q4 2026 earnings at $0.60 EPS.

A number of other equities analysts have also weighed in on the stock. Wall Street Zen lowered shares of TTM Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 5th. Needham & Company LLC lifted their price target on shares of TTM Technologies from $35.00 to $43.00 and gave the company a "buy" rating in a report on Friday, June 20th. Truist Financial lifted their price target on shares of TTM Technologies from $41.00 to $48.00 and gave the company a "buy" rating in a report on Monday, July 7th. Finally, Stifel Nicolaus reiterated a "buy" rating and issued a $40.00 price target (up previously from $33.00) on shares of TTM Technologies in a report on Monday, June 16th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, TTM Technologies currently has a consensus rating of "Buy" and a consensus target price of $45.25.

TTM Technologies Trading Down 2.6%

TTMI stock traded down $1.19 during midday trading on Friday, hitting $45.03. The stock had a trading volume of 2,968,928 shares, compared to its average volume of 913,487. The firm has a market cap of $4.58 billion, a PE ratio of 60.04 and a beta of 1.46. The company's 50-day moving average price is $36.29 and its 200 day moving average price is $27.61. TTM Technologies has a 12-month low of $15.77 and a 12-month high of $47.63. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.07 and a quick ratio of 1.75.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last released its earnings results on Wednesday, April 30th. The technology company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.39 by $0.11. The firm had revenue of $648.67 million during the quarter, compared to analysts' expectations of $621.44 million. TTM Technologies had a net margin of 3.09% and a return on equity of 10.75%. TTM Technologies's revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.28 EPS.

Hedge Funds Weigh In On TTM Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Quarry LP lifted its holdings in TTM Technologies by 249.9% in the 1st quarter. Quarry LP now owns 2,110 shares of the technology company's stock worth $43,000 after buying an additional 1,507 shares in the last quarter. USA Financial Formulas lifted its holdings in TTM Technologies by 119.1% in the 1st quarter. USA Financial Formulas now owns 2,237 shares of the technology company's stock worth $46,000 after buying an additional 1,216 shares in the last quarter. Sterling Capital Management LLC lifted its holdings in TTM Technologies by 808.9% in the 4th quarter. Sterling Capital Management LLC now owns 3,181 shares of the technology company's stock worth $79,000 after buying an additional 2,831 shares in the last quarter. GAMMA Investing LLC lifted its holdings in TTM Technologies by 30.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,244 shares of the technology company's stock worth $132,000 after buying an additional 760 shares in the last quarter. Finally, Meeder Asset Management Inc. acquired a new position in TTM Technologies in the 4th quarter worth $89,000. Institutional investors and hedge funds own 95.79% of the company's stock.

Insider Buying and Selling at TTM Technologies

In related news, COO Philip Titterton sold 23,486 shares of TTM Technologies stock in a transaction on Monday, June 23rd. The shares were sold at an average price of $36.39, for a total transaction of $854,655.54. Following the transaction, the chief operating officer owned 123,338 shares in the company, valued at approximately $4,488,269.82. The trade was a 16.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Tom Clapprood sold 10,000 shares of TTM Technologies stock in a transaction on Friday, May 30th. The shares were sold at an average price of $29.50, for a total transaction of $295,000.00. Following the transaction, the insider owned 34,037 shares in the company, valued at $1,004,091.50. The trade was a 22.71% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 108,226 shares of company stock worth $3,504,492. Corporate insiders own 1.30% of the company's stock.

TTM Technologies declared that its Board of Directors has approved a share repurchase program on Friday, May 9th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the technology company to buy up to 3.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

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.