TTM Technologies (TTMI) Scheduled to Post Earnings on Wednesday
TTM Technologies (NASDAQ:TTMI) will release its Q313 earnings data on Wednesday, October 30th. Analysts expect TTM Technologies to post earnings of $0.17 per share and revenue of $347.00 million for the quarter. TTM Technologies has set its Q3 guidance at $0.13-$0.19 EPS.
TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.09 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.11 by $0.02. The company had revenue of $338.00 million for the quarter, compared to the consensus estimate of $333.64 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 3.2% on a year-over-year basis. On average, analysts expect TTM Technologies to post $0.64 EPS for the current fiscal year and $0.91 EPS for the next fiscal year.
Shares of TTM Technologies (NASDAQ:TTMI) traded up 0.30% on Tuesday, hitting $10.16. The stock had a trading volume of 44,028 shares. TTM Technologies has a one year low of $6.53 and a one year high of $10.85. The stock has a 50-day moving average of $9.57 and a 200-day moving average of $8.43. The company’s market cap is $839.5 million.
TTMI has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of TTM Technologies from $10.00 to $11.00 in a research note to investors on Monday, September 23rd. They now have a “neutral” rating on the stock. On the ratings front, analysts at Canaccord Genuity initiated coverage on shares of TTM Technologies in a research note to investors on Tuesday, August 6th. They set a “buy” rating and a $12.00 price target on the stock. Finally, analysts at Needham & Company raised their price target on shares of TTM Technologies from $9.00 to $11.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $11.25.
TTM Technologies, Inc (NASDAQ:TTMI) is a provider of time-critical and technologically complex printed circuit board (PCB) products and backplane assemblies (PCBs populated with electronic components), which serves as the foundation of sophisticated electronic products.
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