TDK (OTCMKTS:TTDKY) Sees Large Volume Increase on Analyst Upgrade

TDK Corp. (OTCMKTS:TTDKY) saw unusually-strong trading volume on Thursday after Nomura upgraded the stock to a strong-buy rating. Approximately 304,373 shares changed hands during trading, an increase of 79% from the previous session’s volume of 169,927 shares.The stock last traded at $13.82 and had previously closed at $13.81.

Separately, Wall Street Zen raised shares of TDK from a “hold” rating to a “buy” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company currently has an average rating of “Strong Buy”.

TDK Stock Performance

The firm has a market cap of $26.86 billion, a price-to-earnings ratio of 20.94, a PEG ratio of 1.23 and a beta of 0.78. The company has a quick ratio of 1.22, a current ratio of 1.56 and a debt-to-equity ratio of 0.18. The company has a 50 day moving average of $14.15 and a 200 day moving average of $14.32.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings data on Monday, February 2nd. The technology company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.03. The company had revenue of $4.34 billion for the quarter, compared to the consensus estimate of $612.08 billion. TDK had a return on equity of 10.07% and a net margin of 7.85%.TDK has set its FY 2026 guidance at 0.650-0.650 EPS. As a group, equities research analysts expect that TDK Corp. will post 0.61 EPS 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.