TTM Technologies, Inc. (NASDAQ:TTMI) Receives Consensus Rating of “Moderate Buy” from Analysts

TTM Technologies, Inc. (NASDAQ:TTMI) has been given an average recommendation of “Moderate Buy” by the six analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $212.00.

Several analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Truist Financial increased their target price on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Needham & Company LLC upped their price target on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th.

TTM Technologies Price Performance

TTMI opened at $155.98 on Friday. The company’s 50 day simple moving average is $176.93 and its 200 day simple moving average is $123.23. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. TTM Technologies has a 1 year low of $39.20 and a 1 year high of $223.83. The stock has a market capitalization of $16.20 billion, a PE ratio of 84.31 and a beta of 2.10.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. The firm had revenue of $845.98 million during 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%. TTM Technologies’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, sell-side analysts expect that TTM Technologies will post 3.7 EPS for the current year.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, EVP Shawn A. Powers sold 3,367 shares of TTM Technologies stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total transaction of $703,500.98. Following the transaction, the executive vice president directly owned 120,801 shares of the company’s stock, valued at $25,240,160.94. The trade was a 2.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Robert P. Farrell sold 1,304 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.92, for a total transaction of $272,431.68. Following the sale, the insider owned 16,995 shares of the company’s stock, valued at approximately $3,550,595.40. This represents a 7.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 82,043 shares of company stock worth $17,191,859. Company insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On TTM Technologies

Hedge funds have recently made changes to their positions in the business. Mitsubishi UFJ Trust & Banking Corp purchased a new position in TTM Technologies in the fourth quarter valued at about $668,000. Geode Capital Management LLC boosted its position in shares of TTM Technologies by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after buying an additional 81,588 shares during the period. Royce & Associates LP grew its stake in shares of TTM Technologies by 103.5% in the fourth quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock valued at $18,564,000 after buying an additional 136,845 shares in the last quarter. Wealth High Governance Capital Ltda grew its stake in shares of TTM Technologies by 408.6% in the fourth quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock valued at $12,632,000 after buying an additional 147,079 shares in the last quarter. Finally, Divisadero Street Capital Management LP purchased a new stake in shares of TTM Technologies during the 3rd quarter valued at about $13,580,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.

About TTM Technologies

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.