NASDAQ:TTMI

TTM Technologies - TTMI Stock Forecast, Price & News

$14.22

-0.04 (-0.28%)

(As of 10/5/2022 12:00 AM ET)

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Today's Range: $13.99
▼
$14.32
50-Day Range: $13.18
▼
$17.43
52-Week Range: $9.76
▼
$17.49

Volume: 457,547 shs
Average Volume: 800,915 shs
Market Capitalization: $1.45 billion

P/E Ratio: 20.03
Dividend Yield: N/A
Price Target: $16.50

TTM Technologies MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 16.0% Upside
$16.50 Price Target
Short Interest: Healthy
2.24% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.18
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Selling Shares
$245,050 Sold Last Quarter
Proj. Earnings Growth: 6.16%
From $1.46 to $1.55 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Computer And Technology Sector

294th out of 631 stocks

Printed Circuit Boards Industry

7th out of 9 stocks

2.3

Analyst's Opinion

Consensus Rating
TTM Technologies has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.50, TTM Technologies has a forecasted upside of 16.0% from its current price of $14.22.
Amount of Analyst Coverage
TTM Technologies has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.24% of the float of TTM Technologies has been sold short.
Short Interest Ratio / Days to Cover
TTM Technologies has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in TTM Technologies has recently decreased by 7.46%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
TTM Technologies does not currently pay a dividend.
Dividend Growth
TTM Technologies does not have a long track record of dividend growth.

2.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
TTM Technologies has received a 11.05% net impact score from Upright. Ttm Technologies seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Optical transceivers", "System on a chip", and "Backplanes" products. See details.
Environmental Sustainability
The Environmental Impact score for TTM Technologies is -1.18.

2.7

News and Social Media Coverage

News Sentiment
TTM Technologies has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
Search Interest
Only 1 people have searched for TTMI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TTM Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $245,050.00 in company stock.
Percentage Held by Insiders
Only 1.10% of the stock of TTM Technologies is held by insiders.
Percentage Held by Institutions
95.83% of the stock of TTM Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for TTM Technologies are expected to grow by 6.16% in the coming year, from $1.46 to $1.55 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TTM Technologies is 20.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of TTM Technologies is 20.03, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 371.98.
Price to Book Value per Share Ratio
TTM Technologies has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About TTM Technologies (NASDAQ:TTMI) Stock

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.

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TTMI Stock News Headlines

September 17, 2022 | nasdaq.com

An Intrinsic Calculation For TTM Technologies, Inc. (NASDAQ:TTMI) Suggests It's 36% Undervalued

September 15, 2022 | finance.yahoo.com

TTM Technologies (NASDAQ:TTMI) shareholders have earned a 7.5% CAGR over the last three years

September 7, 2022 | finance.yahoo.com

TTM Technologies (TTMI) Gains But Lags Market: What You Should Know

September 6, 2022 | finance.yahoo.com

TTM Technologies (TTMI) Dips More Than Broader Markets: What You Should Know

September 2, 2022 | finance.yahoo.com

Should Value Investors Buy TTM Technologies (TTMI) Stock?

August 31, 2022 | finance.yahoo.com

Despite Fast-paced Momentum, TTM (TTMI) Is Still a Bargain Stock

August 29, 2022 | reuters.com

TTM Technologies Inc

August 29, 2022 | seekingalpha.com

TTM Technologies: A Post-Recession Bet

August 17, 2022 | finance.yahoo.com

Are Investors Undervaluing TTM Technologies (TTMI) Right Now?

August 12, 2022 | finance.yahoo.com

Bull of the Day: TTM Technologies (TTMI)

August 12, 2022 | finance.yahoo.com

TTM (TTMI) Is Attractively Priced Despite Fast-paced Momentum

August 6, 2022 | seekingalpha.com

TTM Technologies, Inc. (TTMI) CEO Tom Edman on Q2 2022 Results - Earnings Call Transcript

August 4, 2022 | seekingalpha.com

TTM Technologies stock gains on Q2 earnings beat, upside guidance

August 4, 2022 | markets.businessinsider.com

TTM Technologies Q2 Profit Edges Down

August 3, 2022 | finance.yahoo.com

TTM Technologies (TTMI) Q2 Earnings and Revenues Surpass Estimates

August 3, 2022 | finance.yahoo.com

TTM Technologies, Inc. Reports Fiscal Second Quarter 2022 Results

August 2, 2022 | finance.yahoo.com

TTM Technologies, Inc. Announces Publication of 2022 Corporate Social Responsibility Report

August 1, 2022 | nasdaq.com

TTMI Crosses Above Key Moving Average Level

July 31, 2022 | finance.yahoo.com

Is TTM Technologies, Inc. (NASDAQ:TTMI) Potentially Undervalued?

July 28, 2022 | finance.yahoo.com

Is TTM Technologies (TTMI) Stock Undervalued Right Now?

July 20, 2022 | finance.yahoo.com

Wall Street Analysts See a 33% Upside in TTM (TTMI): Can the Stock Really Move This High?

July 13, 2022 | finance.yahoo.com

TTM Technologies, Inc. To Conduct Second Quarter FY 2022 Conference Call August 3, 2022

July 6, 2022 | finance.yahoo.com

TTM Technologies, Inc. releases new Xinger® brand resistors with RF power handling from 100 Watts to 150 Watts for the RF & Specialty Components adjacent markets of Industrial, and Test and Measurement

June 27, 2022 | seekingalpha.com

Griffon closes $330M sale of Telephonics to TTM

June 2, 2022 | finance.yahoo.com

Can Mixed Fundamentals Have A Negative Impact on TTM Technologies, Inc. (NASDAQ:TTMI) Current Share Price Momentum?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TTMI Company Calendar

Last Earnings: 8/03/2022
Today: 10/05/2022
Next Earnings (Estimated): 10/26/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Printed circuit boards
Sub-Industry: Electronic Manufacturing Services
Sector: Computer and Technology
Current Symbol: NASDAQ:TTMI
CUSIP: 87305R10
CIK: 1116942
Web: www.ttm.com
Phone: (714) 327-3000
Fax: 302-655-5049
Employees: 16,100
Year Founded: 1998

Price Target and Rating

Average Stock Price Forecast: $16.50
High Stock Price Forecast: $19.00
Low Stock Price Forecast: $14.00
Forecasted Upside/Downside: +16.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.71
Trailing P/E Ratio: 20.03
Forward P/E Ratio: 9.74
P/E Growth: N/A
Net Income: $54.41 million
Net Margins: 3.15%
Pretax Margin: 4.02%
Return on Equity: 9.30%
Return on Assets: 4.41%

Debt

Debt-to-Equity Ratio: 0.63
Current Ratio: 1.91
Quick Ratio: 1.62

Sales & Book Value

Annual Sales: $2.25 billion
Price / Sales: 0.65
Cash Flow: $2.49 per share
Price / Cash Flow: 5.71
Book Value: $13.95 per share
Price / Book: 1.02

Miscellaneous

Outstanding Shares: 102,194,000
Free Float: 101,070,000
Market Cap: $1.45 billion
Optionable: Optionable
Beta: 1.45

Social Links

Key Executives

Mr. Thomas T. Edman (Age 60)
Pres, CEO & Director
Comp: $1.58M

Mr. Todd B. Schull (Age 63)
Exec. VP & CFO
Comp: $840.09k

Mr. Philip Titterton (Age 56)
Exec. VP & COO
Comp: $742.72k

Mr. Daniel J. Weber (Age 50)
Exec. VP, Gen. Counsel & Corp. Sec.
Comp: $673.1k

Mr. Douglas L. Soder (Age 61)
Exec. VP & Pres of Commercial Sector
Comp: $1.3M

Sameer Desai
VP of Corp. Devel. & Investor Relations

Mr. O. Clay Swain (Age 58)
Sr. VP of Marketing

Mr. William Kent Hardwick
Sr. VP of Global Sales & EMS

Mr. Shawn Powers
Exec. VP & Chief HR Officer

Mr. Dale Knecht
Sr. VP of Global Information Technology

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TTMI Stock - Frequently Asked Questions

Should I buy or sell TTM Technologies stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TTM Technologies in the last year. There are currently 1 hold rating and 1 buy rating 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 forecast for 2022?: 2 equities research analysts have issued 1 year price objectives for TTM Technologies' stock. Their TTMI share price forecasts range from $14.00 to $19.00. On average, they expect the company's stock price to reach $16.50 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price.
View analysts price targets for TTMI or view top-rated stocks among Wall Street analysts.
How have TTMI shares performed in 2022?: TTM Technologies' stock was trading at $14.90 at the beginning of 2022. Since then, TTMI shares have decreased by 4.3% and is now trading at $14.26.
View the best growth stocks for 2022 here.
When is TTM Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our TTMI earnings forecast.
How were TTM Technologies' earnings last quarter?: TTM Technologies, Inc. (NASDAQ:TTMI) announced its earnings results on Wednesday, August, 3rd. The technology company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.20. The technology company earned $625.55 million during the quarter, compared to the consensus estimate of $599.04 million. TTM Technologies had a trailing twelve-month return on equity of 9.30% and a net margin of 3.15%.
What guidance has TTM Technologies issued on next quarter's earnings?: TTM Technologies issued an update on its third quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided EPS guidance of $0.41-$0.47 for the period, compared to the consensus EPS estimate of $0.35. The company issued revenue guidance of $655.00 million-$695.00 million, compared to the consensus revenue estimate of $620.39 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 Palo Alto Networks (PANW), 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).
What is TTM Technologies' stock symbol?: TTM Technologies trades on the NASDAQ under the ticker symbol "TTMI."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is TTM Technologies' stock price today?: One share of TTMI stock can currently be purchased for approximately $14.26.
How much money does TTM Technologies make?: TTM Technologies (NASDAQ:TTMI) has a market capitalization of $1.46 billion and generates $2.25 billion in revenue each year. The technology company earns $54.41 million in net income (profit) each year or $0.71 on an earnings per share basis.
How many employees does TTM Technologies have?: The company employs 16,100 workers across the globe.
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.
Read More
How can I contact TTM Technologies?: TTM Technologies' mailing address is 200 EAST SANDPOINTE SUITE 400, SANTA ANA CA, 92707. The official website for the company is www.ttm.com. The technology company can be reached via phone at (714) 327-3000, via email at investor@ttmtech.com, or via fax at 302-655-5049.

This page (NASDAQ:TTMI) was last updated on 10/5/2022 by MarketBeat.com Staff

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TTM Technologies - TTMI Stock Forecast, Price & News

TTM Technologies MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month