TDK (OTCMKTS:TTDKY) Shares Gap Up – Here’s Why

TDK Corp. (OTCMKTS:TTDKY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $12.83, but opened at $13.52. TDK shares last traded at $12.8530, with a volume of 257,355 shares.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on TTDKY. Nomura raised TDK to a “strong-buy” rating in a report on Tuesday, February 3rd. Wall Street Zen raised TDK from a “hold” rating to a “buy” rating in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

TDK Trading Up 7.1%

The firm has a fifty day simple moving average of $13.92 and a two-hundred day simple moving average of $14.62. The stock has a market cap of $27.39 billion, a PE ratio of 21.35, a PEG ratio of 0.99 and a beta of 0.85. The company has a current ratio of 1.53, a quick ratio of 1.18 and a debt-to-equity ratio of 0.16.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings results on Monday, February 2nd. The technology company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.03. TDK had a return on equity of 9.83% and a net margin of 7.85%.The firm had revenue of $4.34 billion for the quarter, compared to analysts’ expectations of $612.08 billion. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. As a group, equities analysts expect that TDK Corp. will post 0.61 earnings per share for the current fiscal year.

About TDK

TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.

TDK’s product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.