TDK (OTCMKTS:TTDKY) Reaches New 1-Year High – Should You Buy?

TDK Corp. (OTCMKTS:TTDKY)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $18.71 and last traded at $18.71, with a volume of 14235 shares traded. The stock had previously closed at $18.05.

Analysts Set New Price Targets

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

TDK Stock Performance

The company has a market capitalization of $36.53 billion, a PE ratio of 27.23, a PEG ratio of 1.34 and a beta of 1.14. The business’s 50-day moving average is $14.53 and its 200-day moving average is $14.80. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.18 and a current ratio of 1.53.

TDK (OTCMKTS:TTDKY) last issued its earnings results on Tuesday, April 28th. The technology company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.05). TDK had a return on equity of 10.01% and a net margin of 7.87%.The firm had revenue of $4.05 billion during the quarter, compared to analysts’ expectations of $3.83 billion. TDK has set its FY 2027 guidance at 0.760-0.760 EPS. On average, research analysts anticipate that TDK Corp. will post 0.76 earnings per share for the current year.

TDK Company Profile

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.