Brokerages Set TTM Technologies, Inc. (NASDAQ:TTMI) PT at $73.25

Shares of TTM Technologies, Inc. (NASDAQ:TTMI) have been given a consensus recommendation of “Buy” by the six ratings firms that are covering the company, MarketBeat.com reports. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $73.25.

Several equities analysts have recently weighed in on the company. B. Riley lifted their price objective on TTM Technologies from $75.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Truist Financial raised their price target on shares of TTM Technologies from $60.00 to $78.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Wall Street Zen cut shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. Needham & Company LLC increased their price objective on shares of TTM Technologies from $77.00 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Finally, Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd.

Insider Transactions at TTM Technologies

In other news, Director Julie Spicer England sold 3,784 shares of the stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $63.34, for a total value of $239,678.56. Following the completion of the sale, the director owned 106,541 shares in the company, valued at approximately $6,748,306.94. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Anthony Joseph Sandeen sold 2,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $67.30, for a total value of $134,600.00. Following the sale, the insider owned 41,442 shares in the company, valued at approximately $2,789,046.60. The trade was a 4.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 20,070 shares of company stock worth $1,348,445 in the last quarter. 1.30% of the stock is owned by corporate insiders.

Institutional Trading of TTM Technologies

Several large investors have recently bought and sold shares of TTMI. Swiss Life Asset Management Ltd purchased a new stake in shares of TTM Technologies during the third quarter valued at approximately $268,000. CIBC Bancorp USA Inc. purchased a new position in shares of TTM Technologies in the third quarter valued at $619,000. Advisory Services Network LLC acquired a new stake in TTM Technologies during the 3rd quarter valued at $69,000. NewEdge Advisors LLC acquired a new stake in TTM Technologies during the 3rd quarter valued at $322,000. Finally, Castleark Management LLC purchased a new stake in TTM Technologies during the 3rd quarter worth $7,365,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

TTM Technologies Trading Down 8.9%

TTMI stock opened at $61.58 on Monday. The company has a quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 0.54. The company has a market cap of $6.36 billion, a price-to-earnings ratio of 48.87 and a beta of 1.74. The business has a fifty day simple moving average of $65.12 and a 200-day simple moving average of $51.99. TTM Technologies has a 52 week low of $15.77 and a 52 week high of $80.58.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. TTM Technologies had a return on equity of 13.21% and a net margin of 4.74%.The firm had revenue of $752.74 million for the quarter, compared to analysts’ expectations of $711.91 million. During the same quarter last year, the firm earned $0.41 earnings per share. The firm’s revenue for the quarter was up 22.1% compared to the same quarter last year. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. On average, equities research analysts expect that TTM Technologies will post 1.76 EPS for the current year.

TTM Technologies Company Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.