TTM Technologies - TTMI Stock Forecast, Price & News

TTM Technologies, Inc., together with its subsidiaries, engages in the manufacture and sale of printed circuit boards (PCBs) worldwide. The company operates in two segments, PCB and RF&S Components. It offers PCB products, radio frequency (RF) components, conventional PCBs, RF and microwave circuits, high density interconnect PCBs, substrate-like PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, IC substrates, passive RF components, advanced ceramic RF components, multi-chip modules, and beamforming and switching networks. The company also produces printed circuits with heavy copper cores, as well as embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores. In addition, it offers value-added services, including RF design to specification capability, design for manufacturability, PCB layout design, simulation and testing, and quick turnaround services. The company serves original equipment manufacturers and electronic manufacturing services companies that primarily serve aerospace and defense, data center computing, automotive components, medical, industrial, and instrumentation related products sectors. TTM Technologies, Inc. was incorporated in 1978 and is headquartered in Santa Ana, California.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TTMI. Needham & Company LLC raised their price objective on shares of TTM Technologies from $17.00 to $19.00 and gave the stock a "buy" rating in a report on Thursday, August 4th. StockNews.com raised shares of TTM Technologies from a "hold" rating to a "buy" rating in a report on Wednesday, May 18th.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $16.50 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.91 and a quick ratio of 1.62. TTM Technologies has a 1-year low of $9.76 and a 1-year high of $17.48. The company has a market capitalization of $1.68 billion, a P/E ratio of 23.24 and a beta of 1.53. The firm's 50 day simple moving average is $13.37 and its two-hundred day simple moving average is $13.58.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, COO Philip Titterton sold 7,215 shares of TTM Technologies stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $12.67, for a total transaction of $91,414.05. Following the transaction, the chief operating officer now owns 73,950 shares of the company's stock, valued at $936,946.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other TTM Technologies news, COO Philip Titterton sold 7,215 shares of TTM Technologies stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $12.67, for a total transaction of $91,414.05. Following the transaction, the chief operating officer now owns 73,950 shares of the company's stock, valued at $936,946.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel J. Weber sold 10,000 shares of the business's stock in a transaction on Monday, August 8th. The stock was sold at an average price of $16.36, for a total transaction of $163,600.00. Following the completion of the transaction, the executive vice president now directly owns 84,736 shares in the company, valued at approximately $1,386,280.96. The disclosure for this sale can be found here. Insiders have sold 42,941 shares of company stock valued at $589,439 over the last 90 days. 1.10% of the stock is currently owned by corporate insiders.