TDK Corp. (OTCMKTS:TTDKY - Get Free Report) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 149,968 shares, a growth of 218.9% from the February 26th total of 47,030 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 476,698 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 476,698 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.
TDK Stock Performance
OTCMKTS:TTDKY opened at $12.96 on Wednesday. The stock has a 50-day moving average price of $13.86 and a 200 day moving average price of $14.70. The stock has a market capitalization of $25.19 billion, a P/E ratio of 19.64, a P/E/G ratio of 1.37 and a beta of 0.76. TDK has a 12-month low of $8.10 and a 12-month high of $18.51. The company has a current ratio of 1.53, a quick ratio of 1.18 and a debt-to-equity ratio of 0.16.
TDK (OTCMKTS:TTDKY - Get Free Report) last posted its quarterly earnings results on Monday, February 2nd. The technology company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.03. TDK had a return on equity of 9.83% and a net margin of 7.85%.The company had revenue of $4.34 billion for the quarter, compared to analysts' expectations of $612.08 billion. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. Equities research analysts forecast that TDK will post 0.61 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on TTDKY shares. Nomura upgraded TDK to a "strong-buy" rating in a research report on Tuesday, February 3rd. Wall Street Zen upgraded TDK from a "hold" rating to a "buy" rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company has an average rating of "Strong Buy".
Read Our Latest Stock Report on TTDKY
About TDK
(
Get Free Report)
TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.
TDK's product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.
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