TDK (OTCMKTS:TTDKY) Reaches New 1-Year High - Should You Buy?

Key Points

• New 52-week high: TDK (OTCMKTS:TTDKY) hit a new 52-week high of $18.71, trading up about 4.1% on the session with volume of 14,235 shares.
• Analyst sentiment upbeat: Wall Street Zen upgraded to a "buy" and Nomura to a "strong-buy," leaving a MarketBeat consensus rating of "Strong Buy."
• Mixed fundamentals: Q1 revenue beat expectations at $4.05 billion but EPS of $0.05 missed the $0.10 estimate; the company has a $36.5B market cap, P/E of 27.23, low debt-to-equity (0.16) and FY2027 EPS guidance of 0.76 (in line with analyst forecasts).

TDK Corp. (OTCMKTS:TTDKY - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $18.71 and last traded at $18.71, with a volume of 14235 shares. The stock had previously closed at $18.05.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wall Street Zen upgraded shares of TDK from a "hold" rating to a "buy" rating in a report on Wednesday, February 4th. Nomura upgraded shares of TDK to a "strong-buy" rating in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Strong Buy".

TDK Trading Up 4.1%

The firm has a market cap of $36.53 billion, a price-to-earnings ratio of 27.23, a price-to-earnings-growth ratio of 1.34 and a beta of 1.14. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.53 and a quick ratio of 1.18. The firm's fifty day moving average is $14.53 and its 200-day moving average is $14.80.

TDK (OTCMKTS:TTDKY - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.05). The business had revenue of $4.05 billion for the quarter, compared to analysts' expectations of $3.83 billion. TDK had a net margin of 7.87% and a return on equity of 10.01%. TDK has set its FY 2027 guidance at 0.760-0.760 EPS. Equities analysts anticipate that TDK Corp. will post 0.76 earnings per share for the current year.

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.

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.