TTM Technologies (NASDAQ:TTMI) Reaches New 1-Year High – Time to Buy?

Shares of TTM Technologies, Inc. (NASDAQ:TTMI) hit a new 52-week high during trading on Monday . The company traded as high as $206.50 and last traded at $206.1770, with a volume of 26700 shares traded. The stock had previously closed at $194.05.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TTMI. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. B. Riley Financial raised their target price on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Truist Financial lifted their price target on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Stifel Nicolaus boosted their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Needham & Company LLC restated a “buy” rating and issued a $208.00 price objective on shares of TTM Technologies in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $209.00.

TTM Technologies Stock Up 5.5%

The business has a 50-day simple moving average of $152.57 and a two-hundred day simple moving average of $110.62. The stock has a market capitalization of $21.27 billion, a P/E ratio of 110.28 and a beta of 2.10. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The company had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same period last year, the business earned $0.50 earnings per share. The business’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities research analysts forecast that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Insider Transactions at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of TTMI. Parallel Advisors LLC increased its holdings in TTM Technologies by 36.3% during the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after purchasing an additional 87 shares in the last quarter. Signature Equity Partners LLC acquired a new position in TTM Technologies in the first quarter worth $40,000. Optiver Holding B.V. boosted its stake in TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after purchasing an additional 170 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of TTM Technologies during the fourth quarter worth $30,000. Finally, Truvestments Capital LLC acquired a new stake in shares of TTM Technologies in the fourth quarter valued at $30,000. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Company Profile

TTM Technologies, Inc is a leading global manufacturer of printed circuit boards (PCBs) and related electronic components. The company’s product portfolio spans rigid, flexible and rigid-flex circuit boards, as well as advanced substrates, backplanes, hybrid circuits and integrated antenna modules. In addition to PCB fabrication, TTM offers comprehensive system‐level services, including design support, surface mount technology (SMT) assembly, cable and wire harness assembly, and complete box-build solutions to address end-to-end customer requirements.

Serving a broad array of end markets, TTM Technologies supports customers in the communications, computing, automotive, aerospace and defense, industrial, and medical sectors.