TTM Technologies (NASDAQ:TTMI) Reaches New 1-Year High – Time to Buy?

TTM Technologies, Inc. (NASDAQ:TTMI)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $206.50 and last traded at $206.1770, with a volume of 26700 shares traded. The stock had previously closed at $194.05.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. Stifel Nicolaus raised their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC restated a “buy” rating and issued a $208.00 price objective on shares of TTM Technologies in a research report on Thursday. B. Riley Financial upped their price objective on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat, TTM Technologies presently has an average rating of “Buy” and an average target price of $209.00.

TTM Technologies Trading Up 5.5%

The company has a market capitalization of $21.27 billion, a price-to-earnings ratio of 110.28 and a beta of 2.10. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The business’s 50-day simple moving average is $152.57 and its 200-day simple moving average is $110.62.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. 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 company earned $0.50 EPS. TTM Technologies’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, research analysts expect that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Insider Activity at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On TTM Technologies

A number of institutional investors have recently made changes to their positions in the stock. Optiver Holding B.V. increased its holdings in TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after purchasing an additional 170 shares during the last quarter. Bessemer Group Inc. boosted its holdings in TTM Technologies by 448.8% during the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after buying an additional 377 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of TTM Technologies during the 4th quarter worth about $30,000. Truvestments Capital LLC acquired a new position in shares of TTM Technologies during the 4th quarter worth about $30,000. Finally, Rakuten Securities Inc. bought a new stake in shares of TTM Technologies in the 4th quarter valued at about $32,000. 95.79% of the stock is owned by institutional investors and hedge funds.

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.