TTM Technologies Inc [TTMI] stock prices are up 0.69% to $20.42 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TTMI shares have gain 10.32% over the last week, with a monthly amount drifted -2.11%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Stifel upgraded its rating to Buy on May 02, 2024, and elevated its price target to $19. On November 02, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $16.50 on the stock. Stifel downgraded its rating to a Hold but stick to its price target of $17 on January 26, 2023. Truist downgraded its rating to a Hold and reduced its price target to $14 on February 10, 2022. Craig Hallum started tracking with a Buy rating for this stock on September 29, 2020, and assigned it a price target of $15. In a note dated July 02, 2020, Needham upgraded an Buy rating on this stock.
The stock price of TTM Technologies Inc [TTMI] has been fluctuating between $13.43 and $30.41 over the past year. Currently, Wall Street analysts expect the stock to reach $30 within the next 12 months. TTM Technologies Inc [NASDAQ: TTMI] shares were valued at $20.42 at the most recent close of the market. An investor can expect a potential return of 46.91% based on the average TTMI price forecast.
Analyzing the TTMI fundamentals
The TTM Technologies Inc [NASDAQ:TTMI] reported sales of 2.44B for trailing twelve months, representing a surge of 14.40%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 20.14 points at the first support level, and at 19.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.64, and for the 2nd resistance point, it is at 20.86.
Ratios To Look Out For
It’s worth pointing out that TTM Technologies Inc [NASDAQ:TTMI]’s Current Ratio is 1.99. Further, the Quick Ratio stands at 1.71, while the Cash Ratio is 0.62. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 1.33 and price to earnings (TTM) ratio is 37.71.
Transactions by insiders
Recent insider trading involved Spoto Steven,, that happened on Feb 28 ’25 when 500.0 shares were sold. Officer, Jankowsky Jeff completed a deal on Feb 24 ’25 to buy 8160.0 shares. Meanwhile, SVP Information Technology Knecht Dale Martin sold 3848.0 shares on Feb 20 ’25.