TDK Corp. (OTCMKTS:TTDKY) Sees Significant Decrease in Short Interest

Key Points

• Short interest fell 46.7% in March to 79,955 shares as of March 31, representing roughly 0.0% of shares sold short and a very low short-interest ratio of 0.2 days.
• TDK beat quarterly EPS estimates with $0.24 reported versus $0.21 expected and revenue of $4.34 billion, and it set FY2026 guidance at 0.65 EPS (analysts average 0.61 EPS).
• Analysts have been upgrading the stock (including Nomura and Wall Street Zen) to a consensus rating of "Strong Buy", while TDK trades with a market cap of $28.54 billion and a P/E of 22.24.

TDK Corp. (OTCMKTS:TTDKY - Get Free Report) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 79,955 shares, a decrease of 46.7% from the March 15th total of 149,968 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 407,142 shares, the short-interest ratio is presently 0.2 days.

TDK Stock Performance

Shares of TTDKY opened at $14.68 on Monday. The company has a quick ratio of 1.18, a current ratio of 1.53 and a debt-to-equity ratio of 0.16. The business has a 50-day simple moving average of $13.99 and a two-hundred day simple moving average of $14.61. The stock has a market cap of $28.54 billion, a price-to-earnings ratio of 22.24, a PEG ratio of 1.16 and a beta of 0.85. TDK has a 52 week low of $8.99 and a 52 week high of $18.51.

TDK (OTCMKTS:TTDKY - Get Free Report) last issued 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. The business had revenue of $4.34 billion during the quarter, compared to analysts' expectations of $612.08 billion. TDK had a return on equity of 9.83% and a net margin of 7.85%.TDK has set its FY 2026 guidance at 0.650-0.650 EPS. On average, analysts expect that TDK will post 0.61 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Wall Street Zen upgraded shares of TDK from a "hold" rating to a "buy" rating in a research note on Wednesday, February 4th. Nomura raised TDK to a "strong-buy" rating in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Strong Buy".

TDK Company Profile

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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