TTM Technologies - TTMI Stock Forecast, Price & News

2 Wall Street 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 research analysts is that investors should "buy" TTMI shares.
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2 brokers have issued 12 month price targets for TTM Technologies' stock. Their TTMI share price forecasts range from $16.00 to $17.00. On average, they expect the company's stock price to reach $16.50 in the next year. This suggests a possible upside of 31.0% from the stock's current price.
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TTM Technologies' stock was trading at $15.08 at the beginning of 2023. Since then, TTMI stock has decreased by 16.4% and is now trading at $12.60.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our TTMI earnings forecast.

TTM Technologies, Inc. (NASDAQ:TTMI) posted its earnings results on Wednesday, February, 8th. The technology company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.03. The technology company had revenue of $617.16 million for the quarter, compared to the consensus estimate of $657.33 million. TTM Technologies had a net margin of 3.79% and a trailing twelve-month return on equity of 10.99%. The company's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.29 EPS.

ETFs with the largest weight of TTM Technologies (NASDAQ:TTMI) stock in their portfolio include SPDR S&P Kensho Final Frontiers ETF (ROKT), Invesco S&P SmallCap Information Technology ETF (PSCT), Nuveen Small Cap Select ETF (NSCS), Inspire Fidelis Multi Factor ETF (FDLS), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Value with Momentum ETF (XSVM), First Trust Small Cap Value AlphaDEX Fund (FYT) and Distillate Small/Mid Cash Flow ETF (DSMC).

TTM Technologies updated its first quarter 2023 earnings guidance on Wednesday, February, 8th. The company provided earnings per share guidance of $0.16-$0.22 for the period, compared to the consensus EPS estimate of $0.34. The company issued revenue guidance of $550.00 million-$590.00 million, compared to the consensus revenue estimate of $639.45 million.

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.

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).

TTM Technologies trades on the NASDAQ under the ticker symbol "TTMI."

TTM Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.79%), Thrivent Financial for Lutherans (7.52%), Macquarie Group Ltd. (5.54%), Alliancebernstein L.P. (3.15%), LSV Asset Management (3.02%) and Geode Capital Management LLC (1.91%). Insiders that own company stock include Anthony J Princiotta, Daniel J Weber, Douglas L Soder, Jon Pereira, Philip Titterton, Tai Keung Chung, Todd B Schull, Tony Sanchez and William Kent Hardwick.
View institutional ownership trends.

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.
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One share of TTMI stock can currently be purchased for approximately $12.60.

TTM Technologies (NASDAQ:TTMI) has a market capitalization of $1.29 billion and generates $2.50 billion in revenue each year. The technology company earns $94.58 million in net income (profit) each year or $0.92 on an earnings per share basis.

The company employs 17,800 workers across the globe.

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.