Zacks Investment Research upgraded shares of TDK (OTCMKTS:TTDKY) from a hold rating to a buy rating in a research report report published on Saturday, February 3rd. Zacks Investment Research currently has $105.00 price target on the technology company’s stock.
According to Zacks, “TDK Corp. has a portfolio of technologies originally developed for its businesses involving electronic materials, components and devices, semiconductor, recording media and data storage devices. Its technical leadership includes materials research and development for dielectric, organic and semiconductor materials, process technologies for thick and thin film, metal, semiconductors and integration technologies. TDK technologies can be found in multimedia, video, television, personal computers, mobile communications, and semiconductors. (PRESS RELEASE) “
TDK (OTCMKTS TTDKY) opened at $88.14 on Friday. The stock has a market capitalization of $11,345.60, a price-to-earnings ratio of 8.74, a P/E/G ratio of 1.98 and a beta of 1.37. TDK has a 52 week low of $59.26 and a 52 week high of $96.40. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.59 and a quick ratio of 1.26.
TDK (OTCMKTS:TTDKY) last posted its earnings results on Wednesday, January 31st. The technology company reported $1.51 EPS for the quarter. TDK had a return on equity of 17.36% and a net margin of 11.22%. The firm had revenue of $3.02 billion for the quarter. analysts forecast that TDK will post 4.55 earnings per share for the current fiscal year.
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TDK Company Profile
TDK Corporation is an electronic component manufacturer. The Company’s segments include Passive Components, Magnetic Application Products, Film Application Products and Other. The Passive Components segment includes the capacitors business, consisting of ceramic capacitors, aluminum electrolytic capacitors, and film capacitors, and the inductive devices business with coils and other passive components, including piezoelectric material components, circuit protection devices and sensors.
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