Several other research firms have also commented on TTMI. Needham & Company LLC restated a “hold” rating on shares of KLA-Tencor in a research report on Tuesday, May 7th. ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Zacks Investment Research lowered Haynes International from a “hold” rating to a “sell” rating in a research report on Wednesday, May 8th. Finally, TheStreet lowered WESCO International from a “b-” rating to a “c+” rating in a research report on Friday, May 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. TTM Technologies presently has an average rating of “Hold” and an average target price of $23.00.
Shares of TTM Technologies stock opened at $9.67 on Friday. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 7.67 and a beta of 2.53. TTM Technologies has a fifty-two week low of $8.49 and a fifty-two week high of $19.91. The company has a quick ratio of 1.74, a current ratio of 1.92 and a debt-to-equity ratio of 1.21. The stock has a 50 day simple moving average of $9.52.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Mercantile Trust Co. acquired a new stake in shares of TTM Technologies in the first quarter valued at $26,000. Versant Capital Management Inc raised its stake in shares of TTM Technologies by 566.3% in the first quarter. Versant Capital Management Inc now owns 2,885 shares of the technology company’s stock valued at $33,000 after acquiring an additional 2,452 shares in the last quarter. Resources Investment Advisors Inc. acquired a new stake in shares of TTM Technologies in the first quarter valued at $34,000. Mizuho Securities Co. Ltd. acquired a new stake in shares of TTM Technologies in the first quarter valued at $70,000. Finally, Cipher Capital LP acquired a new stake in shares of TTM Technologies in the fourth quarter valued at $112,000.
TTM Technologies Company Profile
TTM Technologies, Inc, together with its subsidiaries, manufactures printed circuit boards (PCBs) worldwide. It operates through two segments, PCB and E-M Solutions. The company offers a range of PCBs and electro-mechanical solutions, including conventional PCBs, high density interconnect PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, and IC substrates.
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