TDK (OTCMKTS:TTDKY) Shares Gap Down – Here’s What Happened

Shares of TDK Corp. (OTCMKTS:TTDKY) gapped down before the market opened on Monday . The stock had previously closed at $13.4150, but opened at $12.77. TDK shares last traded at $13.3001, with a volume of 3,666 shares trading hands.

Analysts Set New Price Targets

A number of brokerages have issued reports on TTDKY. Nomura upgraded TDK to a “strong-buy” rating in a research note on Tuesday, February 3rd. Wall Street Zen upgraded TDK from a “hold” rating to a “buy” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

TDK Stock Performance

The firm has a market capitalization of $26.24 billion, a PE ratio of 20.46, a price-to-earnings-growth ratio of 1.31 and a beta of 0.75. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.18 and a current ratio of 1.53. The business’s fifty day simple moving average is $13.88 and its 200-day simple moving average is $14.70.

TDK (OTCMKTS:TTDKY) last released its earnings results on Monday, February 2nd. The technology company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.21 by $0.03. TDK had a net margin of 7.85% and a return on equity of 9.83%. The firm had revenue of $4.34 billion for the quarter, compared to the consensus estimate of $612.08 billion. 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 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.