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

TDK Corp. (OTCMKTS:TTDKY)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $14.7730, but opened at $12.76. TDK shares last traded at $12.68, with a volume of 39,209 shares traded.

Analyst Ratings Changes

TTDKY has been the subject of several research reports. Wall Street Zen upgraded shares of TDK from a “hold” rating to a “buy” rating in a research note on Wednesday, February 4th. Nomura upgraded shares of TDK to a “strong-buy” rating in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

TDK Stock Performance

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 firm’s 50 day moving average is $14.03 and its 200-day moving average is $14.64. The stock has a market capitalization of $27.33 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 1.33 and a beta of 0.76.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings results on Monday, February 2nd. The technology company reported $0.24 EPS for the quarter, beating 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 company had revenue of $4.34 billion for the quarter, compared to analyst estimates of $612.08 billion. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. Analysts forecast that TDK Corp. will post 0.61 earnings per share 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.