NASDAQ:TTMI

TTM Technologies Stock Forecast, Price & News

$12.17

-0.33 (-2.64%)

(As of 07/1/2022 12:00 AM ET)

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Today's Range: $11.99
▼
$12.46
50-Day Range: $12.04
▼
$14.84
52-Week Range: $9.76
▼
$15.89

Volume: 595,035 shs
Average Volume: 880,414 shs
Market Capitalization: $1.24 billion

P/E Ratio: 17.39
Dividend Yield: N/A
Price Target: $15.00

TTM Technologies Stock Forecast (MarketRank)

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 23.3% Upside
$15.00 Price Target
Short Interest: Healthy
2.75% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.18
Upright™ Environmental Score
News Sentiment: 0.02
Based on 9 Articles This Week
Insider Trading: Selling Shares
$344.39 K Sold Last Quarter
Proj. Earnings Growth: 16.81%
From $1.13 to $1.32 Per Share

Overall MarketRank^™

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.18 out of 5 stars

Computer And Technology Sector

238th out of 936 stocks

Printed Circuit Boards Industry

7th out of 16 stocks

2.3 Analyst's Opinion

Consensus Rating
TTM Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.00, TTM Technologies has a forecasted upside of 23.3% from its current price of $12.17.
Amount of Analyst Coverage
TTM Technologies has received no research coverage in the past 90 days.

5.0 Short Interest

Percentage of Shares Shorted
2.75% of the float of TTM Technologies has been sold short.
Short Interest Ratio / Days to Cover
TTM Technologies has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in TTM Technologies has recently decreased by 9.22%, indicating that investor sentiment is improving significantly.

0.0 Dividend Strength

Dividend Yield
TTM Technologies does not currently pay a dividend.
Dividend Growth
TTM Technologies does not have a long track record of dividend growth.

1.4 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
TTM Technologies has received a 11.05% net impact score from Upright. Ttm Technologies seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Optical transceivers", "System on a chip", and "Backplanes" products. See details.
Environmental Sustainability
The Environmental Impact score for TTM Technologies is -1.18.

1.7 News and Social Media Coverage

News Sentiment
TTM Technologies has a news sentiment score of 0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for TTM Technologies this week, compared to 1 article on an average week.
MarketBeat Follows
Only 2 people have added TTM Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TTM Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $344,389.00 in company stock.
Percentage Held by Insiders
Only 1.10% of the stock of TTM Technologies is held by insiders.
Percentage Held by Institutions
99.08% of the stock of TTM Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for TTM Technologies are expected to grow by 16.81% in the coming year, from $1.13 to $1.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TTM Technologies is 17.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 64.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of TTM Technologies is 17.39, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 135.55.
Price to Book Value per Share Ratio
TTM Technologies has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About TTM Technologies (NASDAQ:TTMI)

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.

June 30, 2022 | americanbankingnews.com

TTM Technologies, Inc. (NASDAQ:TTMI) VP Tony Sanchez Sells 4,832 Shares

June 29, 2022 | americanbankingnews.com

Insider Selling: TTM Technologies, Inc. (NASDAQ:TTMI) COO Sells $157,568.70 in Stock

June 29, 2022 | americanbankingnews.com

Philip Titterton Sells 12,990 Shares of TTM Technologies, Inc. (NASDAQ:TTMI) Stock

June 27, 2022 | seekingalpha.com

Griffon closes $330M sale of Telephonics to TTM

June 26, 2022 | americanbankingnews.com

TTM Technologies, Inc. (NASDAQ:TTMI) COO Sells $91,414.05 in Stock

June 25, 2022 | americanbankingnews.com

TTM Technologies, Inc. (NASDAQ:TTMI) VP Sells $36,793.68 in Stock

June 13, 2022 | americanbankingnews.com

TTM Technologies, Inc. (NASDAQ:TTMI) Given Average Rating of "Buy" by Analysts

June 2, 2022 | finance.yahoo.com

Can Mixed Fundamentals Have A Negative Impact on TTM Technologies, Inc. (NASDAQ:TTMI) Current Share Price Momentum?

May 10, 2022 | finance.yahoo.com

Estimating The Fair Value Of TTM Technologies, Inc. (NASDAQ:TTMI)

May 8, 2022 | seekingalpha.com

TTM Technologies, Inc.'s (TTMI) CEO Tom Edman on Q1 2022 Results - Earnings Call Transcript

May 6, 2022 | uk.investing.com

TTM Technologies Tops Q1 EPS by 1c, Offers Guidance

May 4, 2022 | nasdaq.com

TTM Technologies Q1 Earnings Summary

May 4, 2022 | finance.yahoo.com

TTM Technologies, Inc. Reports Fiscal First Quarter 2022 Results

May 2, 2022 | finance.yahoo.com

Fabrinet (FN) Q3 Earnings and Revenues Miss Estimates

April 18, 2022 | seekingalpha.com

TTM Technologies to acquire Telephonics from Griffon for $330M

April 18, 2022 | finance.yahoo.com

TTM Technologies, Inc. to Conduct First Quarter FY 2022 Conference Call May 4th, 2022

April 16, 2022 | seekingalpha.com

PDD, CORZ and FCUV among after hour movers

April 7, 2022 | finance.yahoo.com

Despite lower earnings than three years ago, TTM Technologies (NASDAQ:TTMI) investors are up 12% since then

April 4, 2022 | finance.yahoo.com

TTM Technologies, Inc. RF&S Business Unit releases new Xinger® brand high power couplers for sub-6GHz 5G wireless infrastructure applications

March 1, 2022 | finance.yahoo.com

TTM Technologies, Inc. to Build New Manufacturing Facility in Malaysia

February 21, 2022 | finance.yahoo.com

Is Now An Opportune Moment To Examine TTM Technologies, Inc. (NASDAQ:TTMI)?

February 10, 2022 | seekingalpha.com

TTM Technologies plunges 20% after Q4 results, Truist downgrade

February 9, 2022 | nasdaq.com

TTM Technologies Q4 Profit Decreases, but beats estimates

February 9, 2022 | finance.yahoo.com

TTM Technologies, Inc. Reports Fiscal Fourth Quarter and 2021 Results

January 13, 2022 | nasdaq.com

The three-year decline in earnings for TTM Technologies NASDAQ:TTMI) isn't encouraging, but shareholders are still up 40% over that period

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Printed circuit boards
Sub-Industry: Electronic Manufacturing Services
Sector: Computer and Technology
Current Symbol: NASDAQ:TTMI
CUSIP: 87305R10
CIK: 1116942
Web: www.ttm.com
Phone: (714) 327-3000
Fax: 302-655-5049
Employees: 16,100
Year Founded: 1998

Company Calendar

Last Earnings: 5/04/2022
Today: 7/02/2022
Next Earnings (Estimated): 7/27/2022
Fiscal Year End: 12/31/2022

Price Target and Rating

Average Stock Price Forecast: $15.00
High Stock Price Forecast: $16.00
Low Stock Price Forecast: $14.00
Forecasted Upside/Downside: +23.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.66666666666667
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.699990
Trailing P/E Ratio: 17.39
Forward P/E Ratio: 10.77
P/E Growth: N/A
Net Income: $54.41 million
Net Margins: 3.25%
Pretax Margin: 3.94%
Return on Equity: 7.72%
Return on Assets: 3.71%

Debt

Debt-to-Equity Ratio: 0.64
Current Ratio: 2.44
Quick Ratio: 2.21

Sales & Book Value

Annual Sales: $2.25 billion
Price / Sales: 0.55
Cash Flow: $2.34 per share
Price / Cash Flow: 5.20
Book Value: $13.95 per share
Price / Book: 0.87

Miscellaneous

Outstanding Shares: 101,630,000
Free Float: 100,512,000
Market Cap: $1.24 billion
Optionable: Optionable
Beta: 1.57

Social Links

TTM Technologies Frequently Asked Questions

Should I buy or sell TTM Technologies stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TTM Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TTM Technologies stock.
View analyst ratings for TTM Technologies or view top-rated stocks.
What is TTM Technologies' stock price forecast for 2022?: 3 Wall Street analysts have issued twelve-month price objectives for TTM Technologies' shares. Their TTMI stock forecasts range from $14.00 to $16.00. On average, they predict TTM Technologies' stock price to reach $15.00 in the next year. This suggests a possible upside of 23.3% from the stock's current price.
View analysts' price targets for TTM Technologies or view top-rated stocks among Wall Street analysts.
How has TTM Technologies' stock performed in 2022?: TTM Technologies' stock was trading at $14.90 at the beginning of 2022. Since then, TTMI shares have decreased by 18.3% and is now trading at $12.17.
View the best growth stocks for 2022 here.
When is TTM Technologies' next earnings date?: TTM Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for TTM Technologies.
How were TTM Technologies' earnings last quarter?: TTM Technologies, Inc. (NASDAQ:TTMI) announced its quarterly earnings results on Wednesday, May, 4th. The technology company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. The technology company had revenue of $581.26 million for the quarter, compared to analyst estimates of $560.37 million. TTM Technologies had a net margin of 3.25% and a trailing twelve-month return on equity of 7.72%. The firm's quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the company earned ($0.03) earnings per share.
View TTM Technologies' earnings history.
What guidance has TTM Technologies issued on next quarter's earnings?: TTM Technologies issued an update on its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share (EPS) guidance of $0.30-$0.36 for the period, compared to the consensus EPS estimate of $0.30. The company issued revenue guidance of $580.00 million-$620.00 million, compared to the consensus revenue estimate of $584.24 million.
Who are TTM Technologies' key executives?: TTM Technologies' management team includes the following people:
Mr. Thomas T. Edman, Pres, CEO & Director (Age 60, Pay $1.58M)
Mr. Todd B. Schull, Exec. VP & CFO (Age 63, Pay $840.09k) (LinkedIn Profile)
Mr. Philip Titterton, Exec. VP & COO (Age 56, Pay $742.72k)
Mr. Daniel J. Weber, Exec. VP, Gen. Counsel & Corp. Sec. (Age 50, Pay $673.1k)
Mr. Douglas L. Soder, Exec. VP & Pres of Commercial Sector (Age 61, Pay $1.3M)
Sameer Desai, VP of Corp. Devel. & Investor Relations
Mr. O. Clay Swain, Sr. VP of Marketing (Age 58)
Mr. William Kent Hardwick, Sr. VP of Global Sales & EMS (LinkedIn Profile)
Mr. Shawn Powers, Exec. VP & Chief HR Officer
Mr. Dale Knecht, Sr. VP of Global Information Technology
What is Thomas T. Edman's approval rating as TTM Technologies' CEO?: 89 employees have rated TTM Technologies CEO Thomas T. Edman on Glassdoor.com. Thomas T. Edman has an approval rating of 80% among TTM Technologies' employees.

Who are some of TTM Technologies' key competitors?: Some companies that are related to TTM Technologies include Trimble (TRMB), Jabil (JBL), IPG Photonics (IPGP), Mercury Systems (MRCY), Fabrinet (FN), Sanmina (SANM), Plexus (PLXS), Methode Electronics (MEI), CTS (CTS), Benchmark Electronics (BHE), Park Aerospace (PKE), Neonode (NEON) and Key Tronic (KTCC).
View all of TTMI's competitors.
What other stocks do shareholders of TTM Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other TTM Technologies investors own include Palo Alto Networks (PANW), AT&T (T), Bank of America (BAC), Bellicum Pharmaceuticals (BLCM), Seagate Technology (STX), Tesla (TSLA), Cisco Systems (CSCO), Walt Disney (DIS), Ford Motor (F) and Freeport-McMoRan (FCX).
What is TTM Technologies' stock symbol?: TTM Technologies trades on the NASDAQ under the ticker symbol "TTMI."
How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is TTM Technologies' stock price today?: One share of TTMI stock can currently be purchased for approximately $12.17.
How much money does TTM Technologies make?: TTM Technologies (NASDAQ:TTMI) has a market capitalization of $1.24 billion and generates $2.25 billion in revenue each year. The technology company earns $54.41 million in net income (profit) each year or $0.699990 on an earnings per share basis.
How many employees does TTM Technologies have?: TTM Technologies employs 16,100 workers across the globe.
Does TTM Technologies have any subsidiaries?: The following companies are subsidiares of TTM Technologies: Anaren, Anaren Communication (Suzhou) Co. Ltd., Anaren GP Inc., Anaren LLC, Anaren Microwave Inc., Asia Rich Enterprises Limited, Aspocomp Electronics India Private Limited, Dongguan Meadville Circuits Limited, Guangzhou Kalex Laminate Company Limited, Guangzhou Termbray Electronics Technologies Company Limited, Kalex Circuit Board (Guangzhou) Limited, Kalex Multilayer Circuit Board (Zhongshan) Ltd., MTG Management (BVI) Limited, MTG PCB (BVI) Limited, Meadville Aspocomp (BVI) Holdings Limited, Meadville Aspocomp International Limited, Merix Caymans Trading Company Limited, Merix Printed Circuits Technology Limited, Metropole A Limited, Metropole B Limited, OPC Manufacturing Limited, Oriental Printed Circuits Limited, Print Service Holding N.V., Shanghai Viasystems EMS Co. Ltd., TTM Iota Limited, TTM Printed Circuit Group LLC, TTM Services (Singapore) PTE Ltd., TTM Technologies (Asia Pacific) Limited, TTM Technologies (Hong Kong) Co. Ltd., TTM Technologies (Shanghai) Co. Ltd., TTM Technologies China Limited, TTM Technologies Europe Limited, TTM Technologies International (Switzerland) GmbH, TTM Technologies International Limited, TTM Technologies Japan Kabushiki Kaisha, TTM Technologies Malaysia SDN. BHD., TTM Technologies North America LLC, TTM Technologies Services (BVI) Limited, TTM Technologies Shared Services (Guangzhou) Co. Ltd., TTM Technologies Toronto Inc., TTM Technologies Trading (Asia) Company Limited, TTM Technologies Trading (Guangzhou) Co. Ltd., Termbray Laminate Company Limited, Tyco Printed Circuit Group, Unicircuit Inc., Viasystems (BVI) Limited, Viasystems Asia Pacific Company Limited, Viasystems B.V., Viasystems EMS (Shenzhen) Co. Ltd., Viasystems Group Inc., Viasystems Kalex Printed Circuit Board Limited, Viasystems Mommers B.V., Viasystems Services B.V., and Wirekraft Industries LLC.
Read More
When was TTM Technologies founded?: TTM Technologies was founded in 1998.
How can I contact TTM Technologies?: TTM Technologies' mailing address is 200 EAST SANDPOINTE SUITE 400, SANTA ANA CA, 92707. The official website for TTM Technologies is www.ttm.com. The technology company can be reached via phone at (714) 327-3000, via email at investor@ttmtech.com, or via fax at 302-655-5049.

This page (NASDAQ:TTMI) was last updated on 7/3/2022 by MarketBeat.com Staff

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TTM Technologies Stock Forecast, Price & News

TTM Technologies Stock Forecast (MarketRank)

Overall MarketRank™

2.3 Analyst's Opinion

5.0 Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

0.0 Dividend Strength

1.4 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

1.7 News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

2.5 Company Ownership

3.8 Earnings and Valuation

Receive TTMI Stock News and Ratings via Email

About TTM Technologies (NASDAQ:TTMI)

TTMI Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

TTM Technologies Frequently Asked Questions

Should I buy or sell TTM Technologies stock right now?

What is TTM Technologies' stock price forecast for 2022?

How has TTM Technologies' stock performed in 2022?

When is TTM Technologies' next earnings date?

How were TTM Technologies' earnings last quarter?

What guidance has TTM Technologies issued on next quarter's earnings?

Who are TTM Technologies' key executives?

What is Thomas T. Edman's approval rating as TTM Technologies' CEO?

Who are some of TTM Technologies' key competitors?

What other stocks do shareholders of TTM Technologies own?

What is TTM Technologies' stock symbol?

How do I buy shares of TTM Technologies?

What is TTM Technologies' stock price today?

How much money does TTM Technologies make?

How many employees does TTM Technologies have?

Does TTM Technologies have any subsidiaries?

When was TTM Technologies founded?

How can I contact TTM Technologies?

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