TTM Technologies (NASDAQ:TTMI) Stock Price Up 5.7% – Time to Buy?

Shares of TTM Technologies, Inc. (NASDAQ:TTMI) rose 5.7% during trading on Wednesday . The stock traded as high as $169.23 and last traded at $170.5390. Approximately 156,984 shares changed hands during trading, a decline of 93% from the average daily volume of 2,401,477 shares. The stock had previously closed at $161.41.

Analyst Upgrades and Downgrades

TTMI has been the subject of several research reports. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Needham & Company LLC upped their price objective on TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Stifel Nicolaus lifted their target price on TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday. Finally, B. Riley Financial reiterated a “buy” rating on shares of TTM Technologies in a report on Wednesday. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $149.50.

TTM Technologies Price Performance

The company has a market capitalization of $17.62 billion, a P/E ratio of 91.73 and a beta of 2.11. The firm’s fifty day moving average is $121.89 and its 200 day moving average is $95.91. 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 (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. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The company had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter in the previous year, the business earned $0.50 EPS. TTM Technologies’s revenue was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, analysts predict that TTM Technologies, Inc. will post 3.17 earnings per share for the current fiscal year.

Insider Activity at TTM Technologies

In other news, EVP Catherine A. Gridley sold 20,000 shares of TTM Technologies stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the completion of the sale, the executive vice president owned 78,645 shares of the company’s stock, valued at approximately $8,331,651.30. The trade was a 20.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 53,600 shares of company stock valued at $5,509,880 in the last ninety days. Insiders own 1.30% of the company’s stock.

Institutional Trading of TTM Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Optiver Holding B.V. lifted its stake in 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 acquiring an additional 170 shares during the period. Bessemer Group Inc. boosted its position in TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after acquiring an additional 377 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of TTM Technologies in the 4th quarter worth approximately $30,000. Truvestments Capital LLC purchased a new position in shares of TTM Technologies in the 4th quarter worth approximately $30,000. Finally, Rakuten Securities Inc. purchased a new position in shares of TTM Technologies in the 4th quarter worth approximately $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.