TDK Corp. (OTCMKTS:TTDKY) Short Interest Down 69.7% in January

TDK Corp. (OTCMKTS:TTDKY) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 15,327 shares, a decline of 69.7% from the January 15th total of 50,549 shares. Based on an average daily volume of 366,240 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 366,240 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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

TDK Trading Up 1.6%

TTDKY opened at $15.10 on Wednesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.56. TDK has a one year low of $8.10 and a one year high of $18.51. The company has a market cap of $29.35 billion, a P/E ratio of 22.88, a PEG ratio of 1.30 and a beta of 0.78. The business’s 50-day simple moving average is $14.02 and its 200-day simple moving average is $14.41.

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