TTM Technologies, Inc. (NASDAQ:TTMI) Receives Average Recommendation of “Buy” from Brokerages

TTM Technologies, Inc. (NASDAQ:TTMI) has earned an average rating of “Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $117.25.

A number of research analysts have issued reports on the stock. Stifel Nicolaus set a $108.00 target price on shares of TTM Technologies in a research report on Thursday, February 5th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Needham & Company LLC raised their target price on shares of TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Finally, B. Riley Financial lifted their price target on TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd.

TTM Technologies Stock Performance

TTMI opened at $104.24 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.93 and a quick ratio of 1.67. The business has a fifty day simple moving average of $89.73 and a 200 day simple moving average of $69.14. TTM Technologies has a 1 year low of $15.77 and a 1 year high of $113.46. The company has a market capitalization of $10.78 billion, a PE ratio of 61.68 and a beta of 1.75.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The company had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. During the same quarter last year, the firm earned $0.60 earnings per share. The company’s revenue was up 19.0% on a year-over-year basis. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Research analysts expect that TTM Technologies will post 1.76 EPS for the current year.

Insiders Place Their Bets

In other TTM Technologies news, EVP Catherine A. Gridley sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $105.94, for a total value of $2,118,800.00. Following the sale, the executive vice president owned 78,645 shares in the company, valued at $8,331,651.30. This trade represents a 20.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $96.12, for a total value of $1,614,816.00. Following the sale, the director directly owned 783,406 shares in the company, valued at approximately $75,300,984.72. This trade represents a 2.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 90,350 shares of company stock worth $8,327,906 in the last ninety days. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On TTM Technologies

Several hedge funds have recently added to or reduced their stakes in TTMI. Optiver Holding B.V. raised its stake in shares of TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after acquiring an additional 170 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in TTM Technologies in the fourth quarter valued at $30,000. Truvestments Capital LLC bought a new position in TTM Technologies during the 4th quarter worth $30,000. Bessemer Group Inc. lifted its holdings in TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after buying an additional 377 shares during the period. Finally, Rakuten Securities Inc. acquired a new position in TTM Technologies during the 4th quarter worth about $32,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

TTM Technologies Company Profile

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.