TDK (OTCMKTS:TTDKY) Releases FY 2027 Earnings Guidance

TDK (OTCMKTS:TTDKY) updated its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.760-0.760 for the period, compared to the consensus estimate of 0.750. The company issued revenue guidance of $16.5 billion-$16.5 billion, compared to the consensus revenue estimate of $17.1 billion.

TDK Stock Up 11.1%

TDK stock opened at $18.51 on Friday. TDK has a fifty-two week low of $11.69 and a fifty-two week high of $26.73. The firm has a market capitalization of $35.98 billion, a price-to-earnings ratio of 26.83, a price-to-earnings-growth ratio of 1.22 and a beta of 1.28. The stock’s fifty day moving average is $21.93 and its two-hundred day moving average is $17.35. 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 released its quarterly 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 for the quarter, compared to analyst estimates of $3.83 billion. Analysts predict that TDK will post 0.75 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of TDK from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy”.

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.