TTM Technologies (TTMI) Projected to Post Earnings on Wednesday

TTM Technologies (NASDAQ:TTMI) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $630.11 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $24.59 on Monday. The company has a market capitalization of $2.51 billion, a PE ratio of 37.26 and a beta of 1.19. The business has a fifty day moving average price of $25.02 and a 200-day moving average price of $21.73. TTM Technologies has a 1-year low of $13.43 and a 1-year high of $28.00. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.00 and a quick ratio of 1.70.

Insider Activity

In other news, EVP Shawn A. Powers sold 6,400 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $23.74, for a total transaction of $151,936.00. Following the transaction, the executive vice president now directly owns 95,341 shares of the company’s stock, valued at $2,263,395.34. This represents a 6.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Catherine A. Gridley sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $25.15, for a total value of $125,750.00. Following the completion of the transaction, the executive vice president now owns 115,296 shares in the company, valued at approximately $2,899,694.40. This trade represents a 4.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 47,044 shares of company stock valued at $1,163,803 in the last 90 days. 1.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, Needham & Company LLC reiterated a “buy” rating and set a $30.00 price target on shares of TTM Technologies in a report on Tuesday, January 14th.

TTM Technologies Company Profile

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.