TTM Technologies - TTMI Stock Forecast, Price & News

TTM Technologies, Inc., together with its subsidiaries, engages in the manufacture and sale of printed circuit boards (PCBs) worldwide. The company operates in two segments, PCB and RF&S Components. It offers PCB products, radio frequency (RF) components, conventional PCBs, RF and microwave circuits, high density interconnect PCBs, substrate-like PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, IC substrates, passive RF components, advanced ceramic RF components, multi-chip modules, and beamforming and switching networks. The company also produces printed circuits with heavy copper cores, as well as embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores. In addition, it offers value-added services, including RF design to specification capability, design for manufacturability, PCB layout design, simulation and testing, and quick turnaround services. The company serves original equipment manufacturers and electronic manufacturing services companies that primarily serve aerospace and defense, data center computing, automotive components, medical, industrial, and instrumentation related products sectors. TTM Technologies, Inc. was incorporated in 1978 and is headquartered in Santa Ana, California.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. StockNews.com raised TTM Technologies from a "hold" rating to a "buy" rating in a research note on Wednesday, May 18th. Needham & Company LLC lifted their price target on TTM Technologies from $17.00 to $19.00 and gave the company a "buy" rating in a research report on Thursday, August 4th.

TTM Technologies Trading Up 3.5 %

Shares of NASDAQ:TTMI traded up $0.57 during mid-day trading on Thursday, hitting $16.85. 710,617 shares of the company traded hands, compared to its average volume of 852,602. The business has a 50 day moving average of $13.49 and a two-hundred day moving average of $13.64. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 23.73 and a beta of 1.53. TTM Technologies has a 1 year low of $9.76 and a 1 year high of $17.48. The company has a quick ratio of 1.62, a current ratio of 1.91 and a debt-to-equity ratio of 0.63.

Insiders Place Their Bets

In related news, VP Tony Sanchez sold 2,904 shares of the firm's stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $12.67, for a total transaction of $36,793.68. Following the completion of the sale, the vice president now directly owns 18,446 shares in the company, valued at $233,710.82. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, VP Tony Sanchez sold 2,904 shares of the business's stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of $12.67, for a total value of $36,793.68. Following the completion of the sale, the vice president now directly owns 18,446 shares in the company, valued at $233,710.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Daniel J. Weber sold 10,000 shares of the company's stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of $16.36, for a total value of $163,600.00. Following the transaction, the executive vice president now owns 84,736 shares of the company's stock, valued at $1,386,280.96. The disclosure for this sale can be found here. In the last ninety days, insiders sold 42,941 shares of company stock worth $589,439. 0.96% of the stock is currently owned by company insiders.