TTM Technologies, Inc. (NASDAQ:TTMI) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• TTM Technologies has received an average recommendation of "Moderate Buy" from five brokerages, with one hold rating and four buy ratings.
• The company's stock is currently trading at approximately $57.60, with a market cap of $5.95 billion and a recent earnings report showing a quarterly revenue increase of 20.7% year-over-year.
• Insider transactions indicate mixed sentiment, with one insider selling 1,500 shares while another director purchased 5,000 shares recently.

TTM Technologies, Inc. (NASDAQ:TTMI - Get Free Report) has received an average recommendation of "Moderate Buy" from the five brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $54.50.

A number of equities research analysts have recently issued reports on TTMI shares. B. Riley boosted their target price on shares of TTM Technologies from $36.00 to $50.00 and gave the company a "buy" rating in a research report on Thursday, July 17th. Truist Financial boosted their target price on shares of TTM Technologies from $41.00 to $48.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Needham & Company LLC boosted their target price on shares of TTM Technologies from $56.00 to $65.00 and gave the company a "buy" rating in a research report on Tuesday, September 23rd. Wall Street Zen cut shares of TTM Technologies from a "strong-buy" rating to a "buy" rating in a research report on Friday, September 26th. Finally, Zacks Research cut shares of TTM Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday.

TTM Technologies Trading Down 0.3%

Shares of TTM Technologies stock opened at $57.60 on Wednesday. The firm has a 50-day moving average of $47.13 and a 200-day moving average of $35.72. The stock has a market cap of $5.95 billion, a PE ratio of 64.00 and a beta of 1.57. TTM Technologies has a 52-week low of $15.77 and a 52-week high of $58.74. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.72 and a current ratio of 2.03.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last announced its earnings results on Wednesday, July 30th. The technology company reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.06. The company had revenue of $730.62 million during the quarter, compared to analysts' expectations of $668.42 million. TTM Technologies had a net margin of 3.52% and a return on equity of 11.80%. TTM Technologies's quarterly revenue was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.39 earnings per share. TTM Technologies has set its Q3 2025 guidance at 0.570-0.630 EPS. As a group, sell-side analysts forecast that TTM Technologies will post 1.76 EPS for the current year.

Insider Buying and Selling at TTM Technologies

In related news, insider Robert P. Farrell sold 1,500 shares of the company's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $46.69, for a total transaction of $70,035.00. Following the completion of the sale, the insider owned 23,822 shares of the company's stock, valued at $1,112,249.18. This represents a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Wajid Ali acquired 5,000 shares of the business's stock in a transaction that occurred on Monday, August 18th. The shares were purchased at an average cost of $41.75 per share, with a total value of $208,750.00. Following the transaction, the director directly owned 19,024 shares of the company's stock, valued at $794,252. This trade represents a 35.65% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 66,477 shares of company stock valued at $2,867,405 over the last three months. 1.30% of the stock is owned by insiders.

Institutional Investors Weigh In On TTM Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the company. Corient Private Wealth LLC bought a new position in shares of TTM Technologies in the second quarter worth about $213,000. Texas Permanent School Fund Corp lifted its holdings in shares of TTM Technologies by 0.9% in the second quarter. Texas Permanent School Fund Corp now owns 67,055 shares of the technology company's stock worth $2,737,000 after acquiring an additional 622 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of TTM Technologies by 41.2% in the second quarter. Osaic Holdings Inc. now owns 10,251 shares of the technology company's stock worth $418,000 after acquiring an additional 2,990 shares during the last quarter. Squarepoint Ops LLC lifted its holdings in shares of TTM Technologies by 91.2% in the second quarter. Squarepoint Ops LLC now owns 56,418 shares of the technology company's stock worth $2,303,000 after acquiring an additional 26,914 shares during the last quarter. Finally, Cim Investment Management Inc. bought a new position in shares of TTM Technologies in the second quarter worth about $375,000. Institutional investors own 95.79% of the company's stock.

TTM Technologies Company Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.

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