Research Analysts Issue Forecasts for TTMI FY2026 Earnings

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

TTM Technologies (NASDAQ:TTMI - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The technology company reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.05. TTM Technologies had a return on equity of 9.74% and a net margin of 2.30%.

Several other equities research analysts have also commented on the stock. Stifel Nicolaus assumed coverage on shares of TTM Technologies in a research note on Tuesday, February 11th. They issued a "buy" rating and a $33.00 price objective for the company. Needham & Company LLC reaffirmed a "buy" rating and set a $33.00 price target on shares of TTM Technologies in a research report on Friday, March 21st.

TTM Technologies Stock Up 1.9 %

Shares of TTMI stock traded up $0.38 on Tuesday, hitting $20.42. The stock had a trading volume of 446,462 shares, compared to its average volume of 760,424. TTM Technologies has a 12-month low of $13.43 and a 12-month high of $30.41. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 37.81 and a beta of 1.17. The business has a 50 day moving average of $21.30 and a 200 day moving average of $23.09. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.99 and a quick ratio of 1.71.

Institutional Trading of TTM Technologies

Several hedge funds have recently made changes to their positions in TTMI. Quadrant Capital Group LLC increased its holdings in TTM Technologies by 8.5% in the 4th quarter. Quadrant Capital Group LLC now owns 5,620 shares of the technology company's stock worth $139,000 after acquiring an additional 442 shares during the last quarter. GAMMA Investing LLC boosted its position in TTM Technologies by 27.7% during the fourth quarter. GAMMA Investing LLC now owns 2,041 shares of the technology company's stock worth $51,000 after purchasing an additional 443 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of TTM Technologies by 4.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,949 shares of the technology company's stock worth $345,000 after purchasing an additional 555 shares in the last quarter. New York State Teachers Retirement System raised its position in shares of TTM Technologies by 0.5% in the first quarter. New York State Teachers Retirement System now owns 110,577 shares of the technology company's stock valued at $2,268,000 after purchasing an additional 567 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of TTM Technologies by 3.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 19,797 shares of the technology company's stock valued at $490,000 after buying an additional 602 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors.

Insider Activity at TTM Technologies

In related news, COO Philip Titterton sold 24,792 shares of TTM Technologies 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 sale, the chief operating officer now owns 157,528 shares of the company's stock, valued at approximately $4,026,415.68. The trade was a 13.60 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Daniel J. Weber sold 15,000 shares of the stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $26.34, for a total value of $395,100.00. Following the transaction, the executive vice president now directly owns 95,153 shares of the company's stock, valued at approximately $2,506,330.02. This trade represents a 13.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 50,817 shares of company stock worth $1,316,006. 1.30% of the stock is owned by company insiders.

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.