TTM Technologies, Inc. (NASDAQ:TTMI) Receives Consensus Recommendation of “Buy” from Brokerages

TTM Technologies, Inc. (NASDAQ:TTMI) has been given an average rating of “Buy” by the six research firms that are covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $209.00.

A number of analysts have recently issued reports on TTMI shares. Truist Financial lifted their price objective on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Stifel Nicolaus lifted their price objective on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. Finally, Needham & Company LLC lifted their price target on shares of TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th.

TTM Technologies Stock Performance

TTMI opened at $167.62 on Monday. The firm has a market capitalization of $17.41 billion, a P/E ratio of 90.61 and a beta of 2.10. The firm’s 50 day moving average is $143.94 and its 200-day moving average is $106.42. TTM Technologies has a 52-week low of $32.57 and a 52-week high of $200.68. 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 posted 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. The company had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Analysts expect that TTM Technologies will post 3.7 EPS for the current fiscal year.

Insider Activity

In related news, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.30% of the company’s stock.

Institutional Trading of TTM Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Optiver Holding B.V. increased its stake in shares of 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 buying an additional 170 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of TTM Technologies by 448.8% in the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after buying an additional 377 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of TTM Technologies in the fourth quarter worth $30,000. Truvestments Capital LLC bought a new stake in shares of TTM Technologies in the fourth quarter worth $30,000. Finally, Rakuten Securities Inc. bought a new stake in shares of TTM Technologies in the fourth quarter worth $32,000. 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.