NASDAQ:TTMI - TTM Technologies Stock Price, News & Analysis

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

TTM Technologies, Inc. (NASDAQ:TTMI) issued its earnings results on Wednesday, July, 31st. The technology company reported $0.20 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.03. The technology company earned $633.04 million during the quarter, compared to analyst estimates of $622.68 million. TTM Technologies had a return on equity of 6.56% and a net margin of 2.93%. TTM Technologies's revenue was down 11.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.48 earnings per share. View TTM Technologies' Earnings History.

TTM Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for TTM Technologies.

TTM Technologies updated its third quarter earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of $0.35 to $0.41 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.37. The company issued revenue guidance of $690 million to $730 million, compared to the consensus revenue estimate of $697.88 million.

5 analysts have issued twelve-month price objectives for TTM Technologies' shares. Their predictions range from $13.00 to $14.00. On average, they anticipate TTM Technologies' stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 31.6% from the stock's current price. View Analyst Price Targets for TTM Technologies.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TTM Technologies in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TTM Technologies.

Press coverage about TTMI stock has been trending negative on Monday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TTM Technologies earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for TTM Technologies.

TTM Technologies saw a increase in short interest in July. As of July 31st, there was short interest totalling 13,293,200 shares, an increase of 9.2% from the June 30th total of 12,174,600 shares. Based on an average trading volume of 1,180,000 shares, the days-to-cover ratio is presently 11.3 days. Currently, 13.8% of the shares of the company are short sold. View TTM Technologies' Current Options Chain.

Some companies that are related to TTM Technologies include Jabil (JBL), Sanmina (SANM), Plexus (PLXS), Benchmark Electronics (BHE), CTS (CTS), Celestica (CLS), Park Electrochemical (PKE), Kimball Electronics (KE), SMTC (SMTX), IEC Electronics (IEC), SigmaTron International (SGMA), Eltek (ELTK) and NANO DIMENSION/S (NNDM).

Based on aggregate information from My MarketBeat watchlists, some companies that other TTM Technologies investors own include Palo Alto Networks (PANW), Bellicum Pharmaceuticals (BLCM), Seagate Technology (STX), Cypress Semiconductor (CY), Netflix (NFLX), Bank of America (BAC), Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA) and salesforce.com (CRM).

TTM Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.15%), Vanguard Group Inc. (9.65%), Nuveen Asset Management LLC (3.22%), Victory Capital Management Inc. (2.36%), Paradigm Capital Management Inc. NY (1.56%) and Bank of New York Mellon Corp (1.32%). Company insiders that own TTM Technologies stock include Brian W Barber, Daniel J Weber, Jon Pereira, Kenton K Alder, Philip G Franklin, Philip Titterton, Tai Keung Chung, Tony Sanchez and William Kent Hardwick. View Institutional Ownership Trends for TTM Technologies.

TTMI stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Paradigm Capital Management Inc. NY, Dalton Greiner Hartman Maher & Co., Victory Capital Management Inc., James Investment Research Inc., Foresters Investment Management Company Inc., Parametric Portfolio Associates LLC and Wedge Capital Management L L P NC. Company insiders that have sold TTM Technologies company stock in the last year include Jon Pereira, Philip Titterton, Tony Sanchez and William Kent Hardwick. View Insider Buying and Selling for TTM Technologies.

TTMI stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Divisar Capital Management LLC, Invesco Ltd., Prudential Financial Inc., First Trust Advisors LP, Bank of America Corp DE, BlackRock Inc. and Charles Schwab Investment Management Inc.. View Insider Buying and Selling for TTM Technologies.

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

One share of TTMI stock can currently be purchased for approximately $10.26.

TTM Technologies has a market capitalization of $1.08 billion and generates $2.85 billion in revenue each year. The technology company earns $173.58 million in net income (profit) each year or $1.38 on an earnings per share basis. TTM Technologies employs 27,000 workers across the globe.View Additional Information About TTM Technologies.

The official website for TTM Technologies is http://www.ttm.com/.

TTM Technologies' mailing address is 200 EAST SANDPOINTE SUITE 400, SANTA ANA CA, 92707. The technology company can be reached via phone at 714-327-3000 or via email at [email protected]