TTM Technologies, Inc. (NASDAQ:TTMI) Receives Average Rating of “Buy” from Brokerages

TTM Technologies, Inc. (NASDAQ:TTMI) has earned an average recommendation of “Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $117.25.

A number of analysts have commented on TTMI shares. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Truist Financial set a $113.00 target price on TTM Technologies in a report on Wednesday, January 14th. Stifel Nicolaus set a $108.00 price target on TTM Technologies in a report on Thursday, February 5th. Finally, Needham & Company LLC raised their price objective on shares of TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th.

TTM Technologies Stock Performance

NASDAQ:TTMI opened at $104.24 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.67 and a current ratio of 1.93. TTM Technologies has a fifty-two week low of $15.77 and a fifty-two week high of $113.46. The company has a 50 day simple moving average of $89.73 and a two-hundred day simple moving average of $69.14. The company has a market capitalization of $10.78 billion, a PE ratio of 61.68 and a beta of 1.75.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The firm had revenue of $763.53 million for the quarter, compared to the consensus estimate of $752.96 million. During the same quarter in the previous year, the company earned $0.60 EPS. The company’s revenue for the quarter was up 19.0% on a year-over-year basis. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Research analysts anticipate that TTM Technologies will post 1.76 earnings per share for the current year.

Insider Activity at TTM Technologies

In other news, insider Anthony Joseph Sandeen sold 2,000 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $67.30, for a total transaction of $134,600.00. Following the transaction, the insider owned 41,442 shares of the company’s stock, valued at $2,789,046.60. This represents a 4.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas T. Edman sold 12,750 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $94.92, for a total value of $1,210,230.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 90,350 shares of company stock valued at $8,327,906. Company insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On TTM Technologies

A number of large investors have recently modified their holdings of TTMI. Optiver Holding B.V. grew its position in TTM Technologies by 66.4% in the 3rd 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 period. Kestra Advisory Services LLC bought a new stake in shares of TTM Technologies during the fourth quarter worth about $30,000. Truvestments Capital LLC acquired a new stake in shares of TTM Technologies in the 4th quarter worth about $30,000. Bessemer Group Inc. lifted its position in TTM Technologies by 448.8% in the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after acquiring an additional 377 shares in the last quarter. Finally, Rakuten Securities Inc. bought a new position in TTM Technologies in the 4th quarter valued at about $32,000. 95.79% of the stock is currently owned by institutional investors.

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.