TDK (TTDKY) Projected to Post Earnings on Friday

TDK (OTCMKTS:TTDKY) is expected to be issuing its resultson Friday, July 31st. Analysts expect the company to announce earnings of $0.16 per share and revenue of $3.9722 billion for the quarter. TDK has set its FY 2027 guidance at 0.760-0.760 EPS.

TDK (OTCMKTS:TTDKY) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). TDK had a net margin of 7.87% and a return on equity of 10.01%. The firm had revenue of $4.05 billion during the quarter, compared to analyst estimates of $3.83 billion. On average, analysts expect TDK to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TDK Stock Down 2.5%

Shares of TTDKY opened at $18.60 on Friday. TDK has a 52 week low of $11.69 and a 52 week high of $26.73. The company has a quick ratio of 1.18, a current ratio of 1.53 and a debt-to-equity ratio of 0.16. The stock’s 50-day moving average price is $22.06 and its 200-day moving average price is $17.22. The company has a market capitalization of $36.16 billion, a price-to-earnings ratio of 26.96, a PEG ratio of 1.40 and a beta of 1.28.

Wall Street Analysts Forecast Growth

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

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.