TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) EVP Douglas L. Soder sold 9,714 shares of the company’s stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $20.00, for a total value of $194,280.00. Following the completion of the sale, the executive vice president now directly owns 204,493 shares in the company, valued at $4,089,860. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
TTM Technologies Trading Up 2.7 %
Shares of NASDAQ TTMI traded up $0.53 during trading on Wednesday, reaching $19.99. The company had a trading volume of 490,783 shares, compared to its average volume of 687,589. TTM Technologies, Inc. has a 12-month low of $11.14 and a 12-month high of $20.10. The business’s 50-day moving average is $18.12 and its 200 day moving average is $16.04. The company has a current ratio of 2.09, a quick ratio of 1.77 and a debt-to-equity ratio of 0.60.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last released its earnings results on Wednesday, May 1st. The technology company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03. The firm had revenue of $570.11 million for the quarter, compared to analysts’ expectations of $553.01 million. TTM Technologies had a positive return on equity of 8.63% and a negative net margin of 0.11%. On average, sell-side analysts predict that TTM Technologies, Inc. will post 1.29 EPS for the current year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
Several brokerages recently weighed in on TTMI. Needham & Company LLC upped their price target on TTM Technologies from $19.00 to $21.00 and gave the stock a “buy” rating in a research note on Monday, June 17th. Stifel Nicolaus raised TTM Technologies from a “hold” rating to a “buy” rating and increased their target price for the stock from $15.00 to $19.00 in a research note on Thursday, May 2nd. Four analysts have rated the stock with a buy rating, According to data from MarketBeat.com, TTM Technologies presently has a consensus rating of “Buy” and a consensus price target of $18.83.
View Our Latest Stock Report on TTMI
About TTM Technologies
TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.
Featured Articles
- Five stocks we like better than TTM Technologies
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- AbbVie Stock: A Perfect Dip for Investors to Buy
- How to Invest in Blue Chip Stocks
- Forget NVIDIA: Super Micro Computer Stock Leads in Momentum
- How Technical Indicators Can Help You Find Oversold Stocks
- GitLab Stock Rebounds: The Inside Story of Its Comeback
Receive News & Ratings for TTM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies and related companies with MarketBeat.com's FREE daily email newsletter.