TDK (OTCMKTS:TTDKY) Sees Large Volume Increase – Still a Buy?

Shares of TDK Corp. (OTCMKTS:TTDKY) saw an uptick in trading volume on Friday . 983,783 shares changed hands during trading, an increase of 237% from the previous session’s volume of 292,243 shares.The stock last traded at $16.79 and had previously closed at $15.76.

Analysts Set New Price Targets

A number of brokerages have recently commented on TTDKY. Wall Street Zen upgraded shares of TDK from a “hold” rating to a “buy” rating in a report on Wednesday, February 4th. Nomura upgraded shares of TDK to a “strong-buy” rating in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

TDK Trading Up 4.9%

The company has a market cap of $32.13 billion, a P/E ratio of 25.05, a PEG ratio of 1.24 and a beta of 0.85. The stock’s 50 day moving average is $14.10 and its 200-day moving average is $14.64. The company has a current ratio of 1.53, a quick ratio of 1.18 and a debt-to-equity ratio of 0.16.

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, topping analysts’ consensus estimates of $0.21 by $0.03. The company had revenue of $4.34 billion for the quarter, compared to analysts’ expectations of $612.08 billion. TDK had a net margin of 7.85% and a return on equity of 9.83%. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. Research analysts anticipate that TDK Corp. will post 0.61 earnings per share for the current fiscal year.

TDK Company Profile

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.