TTM Technologies (TTMI) Scheduled to Post Earnings on Wednesday

TTM Technologies (NASDAQ:TTMI - Get Free Report) will be issuing its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.27 per share for the quarter. TTM Technologies has set its Q1 guidance at $0.24-0.30 EPS and its Q1 2024 guidance at 0.240-0.300 EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last released its quarterly earnings data on Wednesday, February 7th. The technology company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.05. The firm had revenue of $569.04 million for the quarter, compared to the consensus estimate of $572.03 million. TTM Technologies had a negative net margin of 0.84% and a positive return on equity of 7.83%. The company's quarterly revenue was down 7.8% on a year-over-year basis. During the same period last year, the firm earned $0.36 earnings per share. On average, analysts expect TTM Technologies to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

TTM Technologies Stock Up 0.2 %

TTM Technologies stock traded up $0.03 during mid-day trading on Wednesday, reaching $14.62. 280,612 shares of the company were exchanged, compared to its average volume of 662,200. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.73 and a current ratio of 2.03. The firm has a market cap of $1.49 billion, a P/E ratio of -81.22 and a beta of 1.39. The business has a fifty day moving average of $14.81 and a 200 day moving average of $14.48. TTM Technologies has a 12-month low of $11.13 and a 12-month high of $16.53.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reaffirmed a "buy" rating and set a $19.00 price objective on shares of TTM Technologies in a research report on Wednesday, January 31st.

Insider Activity

In other TTM Technologies news, insider Tom Clapprood sold 3,500 shares of the firm's stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $16.48, for a total value of $57,680.00. Following the completion of the sale, the insider now owns 52,264 shares of the company's stock, valued at $861,310.72. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 1.70% of the company's stock.

TTM Technologies Company Profile

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.