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NASDAQ:TTMI

TTM Technologies (TTMI) Stock Price, News & Analysis

$18.58
-0.22 (-1.17%)
(As of 05/28/2024 ET)
Today's Range
$18.50
$19.00
50-Day Range
$14.05
$18.80
52-Week Range
$11.14
$19.00
Volume
582,269 shs
Average Volume
683,131 shs
Market Capitalization
$1.89 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.17

TTM Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.2% Downside
$18.17 Price Target
Short Interest
Healthy
1.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.18
Upright™ Environmental Score
News Sentiment
0.75mentions of TTM Technologies in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$992,919 Sold Last Quarter
Proj. Earnings Growth
22.48%
From $1.29 to $1.58 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.29 out of 5 stars

Computer And Technology Sector

232nd out of 603 stocks

Printed Circuit Boards Industry

7th out of 10 stocks

TTMI stock logo

About TTM Technologies Stock (NASDAQ:TTMI)

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. It also provides advanced ceramic RF components including standard and etched thick-film ceramic substrates; and hi-reliability multi-chip modules. In addition, the company offers radar systems including maritime surveillance and weather avoidance radar systems, surveillance products, communication systems, RF assembly and test services, and passive RF components. Further, the company provides custom designed application specific integrated circuits, high density interconnect, IC substrates, flexible and rigid flex PCBs, and custom assemblies including backplane and mid-plane assemblies, flexible and rigid-flex assemblies, and RF assemblies, as well as conventional PCBs, such as single-sided, double-sided, and multi-layer boards. Additionally, it offers quick turnaround services, which includes prototype production and ramp-to-volume production, and thermal management. The company serves original equipment manufacturers and electronic manufacturing services providers, original design manufacturers, distributors, and government agencies; and aerospace and defense, data center computing, automotive, medical, industrial, and instrumentation, as well as networking applications. TTM Technologies, Inc. was incorporated in 1978 and is headquartered in Santa Ana, California.

TTMI Stock Price History

TTMI Stock News Headlines

Q1 2024 TTM Technologies Inc Earnings Call
TTM: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/29/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
Electronic Manufacturing Services
Current Symbol
NASDAQ:TTMI
CUSIP
87305R10
Employees
15,800
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$18.17
High Stock Price Target
$19.00
Low Stock Price Target
$16.50
Potential Upside/Downside
-2.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-18,720,000.00
Pretax Margin
1.24%

Debt

Sales & Book Value

Annual Sales
$2.23 billion
Cash Flow
$2.70 per share
Book Value
$14.78 per share

Miscellaneous

Free Float
100,046,000
Market Cap
$1.89 billion
Optionable
Optionable
Beta
1.37

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Key Executives

  • Mr. Thomas T. Edman (Age 62)
    President, CEO & Director
    Comp: $1.89M
  • Mr. Daniel L. Boehle (Age 51)
    Executive VP & CFO
    Comp: $760.65k
  • Mr. Philip  TittertonMr. Philip Titterton (Age 58)
    Executive VP & COO
    Comp: $984.03k
  • Mr. Douglas L. Soder (Age 63)
    Executive VP & President of Commercial Sector
    Comp: $943.69k
  • Ms. Catherine A. Gridley (Age 55)
    Executive VP and President of Aerospace & Defense (A&D) Sector
    Comp: $948.89k
  • Sameer Desai
    Vice President of Corporate Development & Investor Relations
  • Mr. Daniel J. Weber (Age 51)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $673.1k
  • Mr. O. Clay Swain (Age 60)
    Senior Vice President of Marketing
    Comp: $335.55k
  • Mr. Anthony J. Sandeen (Age 57)
    Senior Vice President of AMI&I & Global Sales
  • Mr. Shawn Powers (Age 50)
    Executive VP & Chief Human Resources Officer

TTMI Stock Analysis - Frequently Asked Questions

Should I buy or sell TTM Technologies stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TTM Technologies in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TTMI shares.
View TTMI analyst ratings
or view top-rated stocks.

What is TTM Technologies' stock price target for 2024?

3 brokers have issued 12 month target prices for TTM Technologies' stock. Their TTMI share price targets range from $16.50 to $19.00. On average, they predict the company's stock price to reach $18.17 in the next year. This suggests that the stock has a possible downside of 2.2%.
View analysts price targets for TTMI
or view top-rated stocks among Wall Street analysts.

How have TTMI shares performed in 2024?

TTM Technologies' stock was trading at $15.81 at the beginning of the year. Since then, TTMI stock has increased by 17.5% and is now trading at $18.58.
View the best growth stocks for 2024 here
.

Are investors shorting TTM Technologies?

TTM Technologies saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,640,000 shares, an increase of 20.6% from the April 30th total of 1,360,000 shares. Based on an average daily volume of 633,200 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.7% of the shares of the company are short sold.
View TTM Technologies' Short Interest
.

When is TTM Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our TTMI earnings forecast
.

How were TTM Technologies' earnings last quarter?

TTM Technologies, Inc. (NASDAQ:TTMI) announced its quarterly earnings data on Wednesday, May, 1st. The technology company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $0.03. The technology company had revenue of $570.11 million for the quarter, compared to the consensus estimate of $553.01 million. TTM Technologies had a positive trailing twelve-month return on equity of 8.63% and a negative net margin of 0.11%.

What guidance has TTM Technologies issued on next quarter's earnings?

TTM Technologies updated its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of 0.320-0.380 for the period, compared to the consensus earnings per share estimate of 0.350. The company issued revenue guidance of $560.0 million-$600.0 million, compared to the consensus revenue estimate of $576.4 million.

What is Thomas T. Edman's approval rating as TTM Technologies' CEO?

89 employees have rated TTM Technologies Chief Executive Officer Thomas T. Edman on Glassdoor.com. Thomas T. Edman has an approval rating of 80% among the company's employees.

What other stocks do shareholders of TTM Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TTM Technologies investors own include AT&T (T), Bank of America (BAC), Bellicum Pharmaceuticals (BLCM), Seagate Technology (STX), Tesla (TSLA), Cisco Systems (CSCO), Walt Disney (DIS), Ford Motor (F) and Freeport-McMoRan (FCX).

Who are TTM Technologies' major shareholders?

TTM Technologies' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.37%), First Eagle Investment Management LLC (0.62%), Principal Financial Group Inc. (0.52%), LSV Asset Management (0.51%), Empowered Funds LLC (0.47%) and Nordea Investment Management AB (0.27%). Insiders that own company stock include Anthony Joseph Sandeen, Dale Martin Knecht, Daniel J Weber, Douglas L Soder, Philip Titterton, Robert P Farrell, Shawn A Powers, Tai Keung Chung, Tom Clapprood, Tony Sanchez and William Kent Hardwick.
View institutional ownership trends
.

How do I buy shares of TTM Technologies?

Shares of TTMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does TTM Technologies have any subsidiaries?
The following companies are subsidiares of TTM Technologies: Anaren, Anaren Communication (Suzhou) Co. Ltd., Anaren GP Inc., Anaren LLC, Anaren Microwave Inc., Asia Rich Enterprises Limited, Aspocomp Electronics India Private Limited, Dongguan Meadville Circuits Limited, Guangzhou Kalex Laminate Company Limited, Guangzhou Termbray Electronics Technologies Company Limited, Kalex Circuit Board (Guangzhou) Limited, Kalex Multilayer Circuit Board (Zhongshan) Ltd., MTG Management (BVI) Limited, MTG PCB (BVI) Limited, Meadville Aspocomp (BVI) Holdings Limited, Meadville Aspocomp International Limited, Merix Caymans Trading Company Limited, Merix Printed Circuits Technology Limited, Metropole A Limited, Metropole B Limited, OPC Manufacturing Limited, Oriental Printed Circuits Limited, Print Service Holding N.V., Shanghai Viasystems EMS Co. Ltd., TTM Iota Limited, TTM Printed Circuit Group LLC, TTM Services (Singapore) PTE Ltd., TTM Technologies (Asia Pacific) Limited, TTM Technologies (Hong Kong) Co. Ltd., TTM Technologies (Shanghai) Co. Ltd., TTM Technologies China Limited, TTM Technologies Europe Limited, TTM Technologies International (Switzerland) GmbH, TTM Technologies International Limited, TTM Technologies Japan Kabushiki Kaisha, TTM Technologies Malaysia SDN. BHD., TTM Technologies North America LLC, TTM Technologies Services (BVI) Limited, TTM Technologies Shared Services (Guangzhou) Co. Ltd., TTM Technologies Toronto Inc., TTM Technologies Trading (Asia) Company Limited, TTM Technologies Trading (Guangzhou) Co. Ltd., Termbray Laminate Company Limited, Tyco Printed Circuit Group, Unicircuit Inc., Viasystems (BVI) Limited, Viasystems Asia Pacific Company Limited, Viasystems B.V., Viasystems EMS (Shenzhen) Co. Ltd., Viasystems Group Inc., Viasystems Kalex Printed Circuit Board Limited, Viasystems Mommers B.V., Viasystems Services B.V., and Wirekraft Industries LLC.
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This page (NASDAQ:TTMI) was last updated on 5/29/2024 by MarketBeat.com Staff

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