TDK (OTCMKTS:TTDKY) Announces Quarterly Earnings Results, Misses Expectations By $0.05 EPS

TDK (OTCMKTS:TTDKY - Get Free Report) announced its quarterly earnings results on Tuesday. The technology company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.05), Zacks reports. TDK had a net margin of 7.85% and a return on equity of 9.83%. The company had revenue of $4.05 billion during the quarter, compared to analyst estimates of $3.71 billion. TDK updated its FY 2027 guidance to 0.760-0.760 EPS.

TDK Stock Up 2.1%

Shares of TTDKY opened at $17.58 on Thursday. The company has a market capitalization of $34.17 billion, a P/E ratio of 26.64, a PEG ratio of 1.34 and a beta of 0.85. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.53 and a quick ratio of 1.18. TDK has a one year low of $10.14 and a one year high of $18.51. The business's 50 day simple moving average is $14.40 and its 200-day simple moving average is $14.75.

Analyst Ratings Changes

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

About TDK

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.