TTM Technologies Company Profile (NASDAQ:TTMI)

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

TTM Technologies, Inc. (NASDAQ:TTMI) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.04. The firm earned $627.20 million during the quarter, compared to the consensus estimate of $625.43 million. TTM Technologies had a return on equity of 17.05% and a net margin of 2.97%. The firm's revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.28 EPS. View TTM Technologies' Earnings History.

TTM Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for TTM Technologies.

TTM Technologies issued an update on its third quarter earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $0.29-$0.35 for the period, compared to the Thomson Reuters consensus estimate of $0.43. The company issued revenue guidance of $625-$675 million, compared to the consensus revenue estimate of $674.55 million.

3 brokerages have issued twelve-month price targets for TTM Technologies' stock. Their predictions range from $17.50 to $22.00. On average, they anticipate TTM Technologies' stock price to reach $20.50 in the next twelve months. View Analyst Ratings for TTM Technologies.

Here are some recent quotes from research analysts about TTM Technologies stock:

• 1. According to Zacks Investment Research, "TTM Technologies, Inc. provides time-critical, one-stop manufacturing services for highly complex printed circuit boards. Its printed circuit boards serve as the foundation of electronic products such as routers, switches, computer memory modules and communications infrastructure equipment. Its customers include manufacturers of these electronic products and their suppliers. Its customers primarily serve such rapidly growing segments of the electronics industry as networking, high-end computing, including servers, and computer peripherals. " (8/9/2017)
• 2. Needham & Company LLC analysts commented, "Following our Midwest NDR trip with TTMI management, we have increased confidence that TTMI is fundamentally the most sound it has ever been in terms of its business mix, markets, footprint and efficiency of operations. The diversification at TTMI today offers balanced exposure across end markets while also positioning the company for unique growth opportunities in Automotive and Cellular (where technology is then leveraged into other markets). As we look to 2017 and forward, we expect the continuation of strong earnings growth, aided by healthy positioning in long-term markets such as Auto (while Cellular could provide 2H17/1H18 upside). Consequently, we reiterate our Buy and $18 target and see the potential for execution and catalysts to potentially move both estimates and shares higher, closer to the $20 range." (2/21/2017)

TTM Technologies saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 11,092,051 shares, a decline of 11.5% from the July 14th total of 12,535,768 shares. Based on an average daily volume of 1,333,466 shares, the days-to-cover ratio is currently 8.3 days. Currently, 12.3% of the company's stock are sold short.

Some companies that are related to TTM Technologies include IQE plc (IQE), IXYS Corporation (IXYS), Alpha and Omega Semiconductor Limited (AOSL), Park Electrochemical Corporation (PKE), NeoPhotonics Corp (NPTN), IEC Electronics Corp (IEC), O2Micro International Limited (OIIM), SemiLEDs (LEDS), ANADIGICS (ANAD), CSR Ltd (CSR), CSR Ltd (CSRE), Entropic Communications (ENTR), Microsemi Communications (VTSS), Multi-Fineline Electronix (MFLX) and Viasystems Group (VIAS).

TTM Technologies' management team includes the folowing people:

• Robert E. Klatell, Independent Chairman of the Board
• Thomas T. Edman, President, Chief Executive Officer, Director
• Todd B. Schull, Chief Financial Officer, Executive Vice President
• Brian W. Barber, Chief Operating Officer, Executive Vice President
• Tai Keung Chung, Executive Vice President - Asia Pacific Business Development
• Douglas L. Soder, Executive Vice President and President - Communications and Computing Business Unit
• Kenton K. Alder, Director
• Chung Yen Tang, Director
• Tom C. Y. Tang, Director
• James K. Bass, Independent Director

TTM Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.74%), Dimensional Fund Advisors LP (8.42%), FMR LLC (3.33%), Acadian Asset Management LLC (2.68%), Hennessy Advisors Inc. (2.47%) and LSV Asset Management (2.47%). Company insiders that own TTM Technologies stock include Anthony J Princiotta, Brian W Barber, Daniel J Weber, Douglas L Soder, Hsiang Chien Tang, Kenton K Alder, Philip Titterton, Tai Keung Chung, Thomas T Edman, Todd B Schull, Tony Sanchez and William Kent Hardwick. View Institutional Ownership Trends for TTM Technologies.

TTM Technologies' stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Numeric Investors LLC, AHL Partners LLP, Cornerstone Capital Management Holdings LLC., Systematic Financial Management LP, Gotham Asset Management LLC, EAM Investors LLC and Hussman Strategic Advisors Inc.. Company insiders that have sold TTM Technologies stock in the last year include Daniel J Weber, Douglas L Soder, Hsiang Chien Tang, Kenton K Alder, Philip Titterton, Tai Keung Chung, Todd B Schull, Tony Sanchez and William Kent Hardwick. View Insider Buying and Selling for TTM Technologies.

TTM Technologies' stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Vanguard Group Inc., Dalton Greiner Hartman Maher & Co., Russell Investments Group Ltd., FMR LLC, Stifel Financial Corp, Kennedy Capital Management Inc. and Ameriprise Financial Inc.. View Insider Buying and Selling for TTM Technologies.

Shares of TTM Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of TTM Technologies stock can currently be purchased for approximately $12.92.