News headlines about TTM Technologies (NASDAQ:TTMI) have trended somewhat positive on Friday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TTM Technologies earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 45.4344373250663 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment’s analysis:
A number of analysts have issued reports on the stock. BidaskClub lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday. Stifel Nicolaus reissued a “buy” rating and issued a $17.50 price target on shares of TTM Technologies in a report on Thursday, September 28th. ValuEngine lowered shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded shares of TTM Technologies from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 5th. Finally, J P Morgan Chase & Co set a $22.00 price target on shares of TTM Technologies and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $20.50.
Shares of TTM Technologies (TTMI) opened at $15.68 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.65 and a quick ratio of 1.21. The company has a market capitalization of $1,600.54, a PE ratio of 12.48 and a beta of 1.55. TTM Technologies has a 52 week low of $12.76 and a 52 week high of $19.54.
TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings results on Wednesday, November 1st. The technology company reported $0.32 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.32. The firm had revenue of $666.81 million during the quarter, compared to the consensus estimate of $651.67 million. TTM Technologies had a return on equity of 14.77% and a net margin of 2.78%. The business’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 EPS. sell-side analysts predict that TTM Technologies will post 1.08 earnings per share for the current year.
In other TTM Technologies news, Director Kenton K. Alder sold 3,000 shares of the stock in a transaction on Monday, October 16th. The stock was sold at an average price of $15.67, for a total transaction of $47,010.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders sold 9,000 shares of company stock valued at $139,320. 28.40% of the stock is currently owned by insiders.
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About TTM Technologies
TTM Technologies, Inc is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). As of January 2, 2017, the Company operated a total of 25 specialized facilities in North America and China. The Company’s segments include PCB, E-M Solutions and Corporate.
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