TDK (OTCMKTS:TTDKY) Sees Strong Trading Volume After Analyst Upgrade

TDK Corp. (OTCMKTS:TTDKY) saw unusually-strong trading volume on Thursday after Nomura upgraded the stock to a strong-buy rating. Approximately 304,373 shares were traded during trading, an increase of 79% from the previous session’s volume of 169,927 shares.The stock last traded at $13.82 and had previously closed at $13.81.

Separately, Wall Street Zen upgraded TDK from a “hold” rating to a “buy” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat, TDK currently has an average rating of “Strong Buy”.

TDK Trading Up 4.4%

The stock has a market capitalization of $28.09 billion, a PE ratio of 21.89, a P/E/G ratio of 1.21 and a beta of 0.78. The company’s 50 day moving average price is $14.06 and its two-hundred day moving average price is $14.34. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.56 and a quick ratio of 1.22.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings data on Monday, February 2nd. The technology company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.03. The company had revenue of $4.34 billion during the quarter, compared to the consensus estimate of $612.08 billion. TDK had a net margin of 7.85% and a return on equity of 10.07%. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. As a group, analysts expect that TDK Corp. will post 0.61 earnings per share for the current 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.