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

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

TTM Technologies, Inc. (NASDAQ:TTMI) posted its quarterly earnings results on Wednesday, February, 5th. The technology company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.14. The technology company had revenue of $719.30 million for the quarter, compared to analyst estimates of $660.43 million. TTM Technologies had a return on equity of 3.32% and a net margin of 1.54%. TTM Technologies's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.52 earnings per share. View TTM Technologies' Earnings History.

TTM Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for TTM Technologies.

TTM Technologies issued an update on its first quarter earnings guidance on Wednesday, February, 5th. The company provided EPS guidance of $0.14-0.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.18. The company issued revenue guidance of $580-620 million, compared to the consensus revenue estimate of $606.40 million.

5 analysts have issued 12 month price targets for TTM Technologies' stock. Their forecasts range from $13.00 to $18.00. On average, they expect TTM Technologies' stock price to reach $16.19 in the next twelve months. This suggests a possible upside of 24.4% 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TTM Technologies.

Media coverage about TTMI stock has been trending very negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TTM Technologies earned a media sentiment score of -3.4 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for TTM Technologies.

Some companies that are related to TTM Technologies include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), Plexus (PLXS), Sanmina (SANM), KEMET (KEM), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).

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), Verizon Communications (VZ), Netflix (NFLX), Alibaba Group (BABA), Bank of America (BAC), AT&T (T), Corbus Pharmaceuticals (CRBP) and Cisco Systems (CSCO).

TTM Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (6.82%), LSV Asset Management (4.66%), State Street Corp (2.96%), Goldman Sachs Group Inc. (2.52%), Victory Capital Management Inc. (1.92%) and Victory Capital Management Inc. (1.91%). Company insiders that own TTM Technologies stock include Anthony J Princiotta, Brian W Barber, Daniel J Weber, Jon Pereira, Philip G Franklin, Philip Titterton, Tai Keung Chung, Todd B Schull, 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 Credit Suisse AG, Victory Capital Management Inc., Renaissance Technologies LLC, Victory Capital Management Inc., Prudential Financial Inc., Tocqueville Asset Management L.P., Citigroup Inc. and Alliancebernstein L.P.. Company insiders that have sold TTM Technologies company stock in the last year include Anthony J Princiotta, Daniel J Weber, Jon Pereira, Tai Keung Chung, Todd B Schull, 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 Goldman Sachs Group Inc., LSV Asset Management, Skyline Asset Management LP, UBS Group AG, State of New Jersey Common Pension Fund D, Great West Life Assurance Co. Can, State Street Corp and Vident Investment Advisory LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of TTMI stock can currently be purchased for approximately $13.01.

TTM Technologies has a market capitalization of $1.37 billion and generates $2.69 billion in revenue each year. The technology company earns $41.30 million in net income (profit) each year or $0.39 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]