TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) VP Tony Sanchez sold 6,940 shares of TTM Technologies stock in a transaction on Monday, June 24th. The stock was sold at an average price of $19.00, for a total transaction of $131,860.00. Following the transaction, the vice president now owns 21,502 shares in the company, valued at approximately $408,538. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
TTM Technologies Trading Up 1.3 %
TTMI traded up $0.25 during trading on Wednesday, reaching $20.02. 576,087 shares of the stock traded hands, compared to its average volume of 677,570. The company has a quick ratio of 1.77, a current ratio of 2.09 and a debt-to-equity ratio of 0.60. The stock’s 50-day moving average is $17.60 and its 200 day moving average is $15.89. TTM Technologies, Inc. has a 12 month low of $11.14 and a 12 month high of $20.11. The stock has a market capitalization of $2.04 billion, a PE ratio of -1,000.50 and a beta of 1.29.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last announced its earnings results on Wednesday, May 1st. The technology company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.22 by $0.03. The company had revenue of $570.11 million for the quarter, compared to analyst estimates of $553.01 million. TTM Technologies had a positive return on equity of 8.63% and a negative net margin of 0.11%. Equities analysts anticipate that TTM Technologies, Inc. will post 1.29 earnings per share for the current year.
Institutional Trading of TTM Technologies
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. Stifel Nicolaus upgraded TTM Technologies from a “hold” rating to a “buy” rating and upped their price target for the company from $15.00 to $19.00 in a research report on Thursday, May 2nd. Needham & Company LLC upped their target price on TTM Technologies from $19.00 to $21.00 and gave the company a “buy” rating in a report on Monday, June 17th. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat, TTM Technologies has an average rating of “Buy” and a consensus price target of $18.83.
Read Our Latest Stock Report on TTM Technologies
About TTM Technologies
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.
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