|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||79.40 - 79.79|
|52 Week Range||64.66 - 114.00|
|Beta (3Y Monthly)||1.72|
|PE Ratio (TTM)||14.99|
|Forward Dividend & Yield||1.48 (1.88%)|
|1y Target Est||108.18|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of TDK Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
TDK Corporation (TTDKY) seems to be a good value pick, as it has impressive value metrics, and is seeing solid earnings estimate revisions as well.
Moody's Japan K.K. has affirmed TDK Corporation's (TDK) A3 issuer rating. "We expect TDK's leverage will return to lower levels within the year as the company pays down debt with proceeds from an impending asset sale," says Takashi Akimoto, a Moody's Assistant Vice President and Analyst. TDK is in an agreement with QUALCOMM Incorporated (Qualcomm, A2 negative) to sell its smartphone components joint venture to Qualcomm in two parts.
Trade war fears have been keeping Japan's policymakers under pressure. However, fresh GDP numbers are an indication of the strength in Japan's economy.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.