B. Riley Issues Positive Forecast for TTM Technologies (NASDAQ:TTMI) Stock Price

TTM Technologies (NASDAQ:TTMI) had its price objective boosted by B. Riley from $81.00 to $123.00 in a research report sent to investors on Thursday morning, Marketbeat.com reports. The brokerage currently has a buy rating on the technology company’s stock.

Several other research analysts have also weighed in on the company. Zacks Research lowered TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Needham & Company LLC lifted their target price on TTM Technologies from $79.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Wall Street Zen lowered TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Finally, Truist Financial set a $113.00 target price on shares of TTM Technologies in a research report on Wednesday, January 14th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $99.00.

TTM Technologies Stock Down 2.3%

Shares of NASDAQ TTMI opened at $97.53 on Thursday. The company’s 50 day moving average price is $74.25 and its 200-day moving average price is $59.48. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.66 and a current ratio of 1.94. TTM Technologies has a 52-week low of $15.77 and a 52-week high of $106.68. The company has a market capitalization of $10.08 billion, a P/E ratio of 77.41 and a beta of 1.74.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. The company had revenue of $752.74 million during the quarter, compared to analysts’ expectations of $711.91 million. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. TTM Technologies’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 earnings per share. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Equities analysts forecast that TTM Technologies will post 1.76 earnings per share for the current year.

Insiders Place Their Bets

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $69.75, for a total value of $1,171,800.00. Following the transaction, the director directly owned 804,923 shares of the company’s stock, valued at approximately $56,143,379.25. This trade represents a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Julie Spicer England sold 3,784 shares of TTM Technologies stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $63.34, for a total transaction of $239,678.56. Following the transaction, the director owned 106,541 shares of the company’s stock, valued at $6,748,306.94. This represents a 3.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 36,870 shares of company stock worth $2,520,245 in the last quarter. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On TTM Technologies

Several large investors have recently added to or reduced their stakes in the business. Kraematon Investment Advisors Inc. acquired a new position in TTM Technologies during the 4th quarter valued at about $233,000. Fifth Third Wealth Advisors LLC bought a new position in shares of TTM Technologies in the fourth quarter valued at approximately $217,000. Spire Wealth Management purchased a new position in shares of TTM Technologies during the fourth quarter valued at approximately $527,000. Exchange Traded Concepts LLC bought a new stake in TTM Technologies during the fourth quarter worth $163,000. Finally, Wolff Wiese Magana LLC purchased a new stake in TTM Technologies in the 4th quarter valued at $34,000. Institutional investors own 95.79% of the company’s stock.

About TTM Technologies

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.