Three equities research analysts have rated the stock with a buy rating, one has given an overweight rating, and three have issued a hold rating to the company. The company presently has a consensus rating of “overweight” and an average price target of $12.00.
TTM Tech opened at 9.15 on Tuesday. TTM Tech has a 52-week low of $8.30 and a 52-week high of $13.75. The stock’s 50-day moving average is currently $9.12. The company’s market cap is $749.7 million.
TTM Tech last issued its quarterly earnings data on Thursday, November 1st. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $339.00 million for the quarter, compared to the consensus estimate of $347.03 million. The company’s revenue for the quarter was down 5.4% on a year-over-year basis. TTM Tech has set its Q4 guidance at $0.14-0.21 EPS. On average, analysts predict that TTM Tech will post $0.79 earnings per share for the current fiscal year.
TTM Technologies, Inc. (TTM) is a one-stop provider of printed circuit boards (PCBs) and backplane assemblies, which serve as the foundation of electronic products.