TTM Technologies Company Profile (NASDAQ:TTMI)

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

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

TTM Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for TTM Technologies.

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

3 equities research analysts have issued 12-month price targets for TTM Technologies' stock. Their forecasts range from $17.50 to $22.00. On average, they expect 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. is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). As of January 2, 2017, the Company operated a total of 25 specialized facilities in North America and China. The Company's segments include PCB, E-M Solutions and Corporate. As of January 2, 2017, the PCB segment included 13 domestic PCB fabrication plants, including a facility that provides follow-on value-added services primarily for one of the PCB fabrication plants; eight PCB fabrication plants in China and one in Canada. As of January 2, 2017, the E-M Solutions included three custom electronic assembly plants in China. The Company offers a range of PCB products, including conventional PCBs, high density interconnect (HDI) PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, and integrated circuits (IC) substrates. " (10/5/2017)
• 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)

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 Corporation (NPTN), IEC Electronics Corp (IEC), O2Micro International Limited (OIIM), SemiLEDS Corporation (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 a number of of retail and institutional investors. Top institutional investors include Alpha Windward LLC (0.03%). 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 acquired by a variety of institutional investors in the last quarter, including Alpha Windward LLC. 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 $15.45.