TDK Corp. (OTCMKTS:TTDKY - Get Free Report) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totaling 56,842 shares, a decrease of 28.9% from the March 31st total of 79,955 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 571,709 shares, the short-interest ratio is currently 0.1 days.
Analyst Ratings Changes
Several brokerages recently issued reports on TTDKY. Nomura raised TDK to a "strong-buy" rating in a report on Tuesday, February 3rd. Wall Street Zen upgraded shares of TDK from a "hold" rating to a "buy" rating in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, TDK presently has a consensus rating of "Strong Buy".
Read Our Latest Analysis on TTDKY
TDK Stock Up 0.3%
TTDKY opened at $17.04 on Tuesday. 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 firm has a market cap of $33.12 billion, a P/E ratio of 25.82, a PEG ratio of 1.34 and a beta of 0.85. TDK has a 52 week low of $9.64 and a 52 week high of $18.51. The business's fifty day simple moving average is $14.31 and its 200 day simple moving average is $14.70.
TDK (OTCMKTS:TTDKY - Get Free Report) last posted its quarterly earnings data on Monday, February 2nd. The technology company reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.03. The business had revenue of $4.34 billion for the quarter, compared to analyst estimates 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. As a group, equities research analysts anticipate that TDK will post 0.69 EPS for the current fiscal year.
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider TDK, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TDK wasn't on the list.
While TDK currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.