A share price of TTM Technologies Inc [TTMI] is currently trading at $18.05, up 1.18%. An important factor to consider is whether the stock is rising or falling in short-term value. The TTMI shares have gain 1.12% over the last week, with a monthly amount drifted -1.96%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
TTM Technologies Inc [NASDAQ: TTMI] stock has seen the most recent analyst activity on May 02, 2024, when Stifel upgraded its rating to a Buy and also boosted its price target to $19 from $15. Previously, Truist upgraded its rating to Buy on November 02, 2023, and elevated its price target to $16.50. On January 26, 2023, downgrade downgraded it’s rating to Hold but maintained its price target of $17 on the stock. Truist downgraded its rating to a Hold and decreased its price target to $14 on February 10, 2022. Craig Hallum initiated its recommendation with a Buy and recommended $15 as its price target on September 29, 2020. Needham upgraded its rating to Buy for this stock on July 02, 2020. In a note dated March 11, 2020, JP Morgan downgraded an Neutral rating on this stock but restated the target price of $15.
TTM Technologies Inc experienced fluctuations in its stock price throughout the past year between $11.14 and $22.70. Currently, Wall Street analysts expect the stock to reach $18.33 within the next 12 months. TTM Technologies Inc [NASDAQ: TTMI] shares were valued at $18.05 at the most recent close of the market. An investor can expect a potential return of 1.55% based on the average TTMI price forecast.
Analyzing the TTMI fundamentals
Trailing Twelve Months sales for TTM Technologies Inc [NASDAQ:TTMI] were 2.32B which represents 10.73% growth. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.73 points at the first support level, and at 17.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.30, and for the 2nd resistance point, it is at 18.55.
Ratios To Look Out For
To put it in perspective, the Current Ratio for TTM Technologies Inc [NASDAQ:TTMI] is 2.04. On the other hand, the Quick Ratio is 1.74, and the Cash Ratio is 0.63. Considering the valuation of this stock, the price to sales ratio is 0.79, the price to book ratio is 1.20 and price to earnings (TTM) ratio is 111.21.
Transactions by insiders
Recent insider trading involved Powers Shawn A., Officer, that happened on Aug 23 ’24 when 7000.0 shares were purchased. EVP, Human Resources, Powers Shawn A. completed a deal on Aug 23 ’24 to sell 7000.0 shares. Meanwhile, Officer BOEHLE DANIEL L. bought 5796.0 shares on Aug 22 ’24.
