TTM Technologies (NASDAQ:TTMI) Trading 8% Higher – Should You Buy?

TTM Technologies, Inc. (NASDAQ:TTMI)’s stock price traded up 8% during mid-day trading on Thursday . The company traded as high as $104.80 and last traded at $104.2450. 457,173 shares traded hands during trading, a decline of 83% from the average session volume of 2,632,964 shares. The stock had previously closed at $96.52.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Wall Street Zen cut shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. B. Riley lifted their target price on shares of TTM Technologies from $75.00 to $81.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Finally, Truist Financial set a $113.00 target price on TTM Technologies in a research report on Wednesday. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $88.50.

TTM Technologies Stock Performance

The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.66 and a current ratio of 1.94. The company has a market capitalization of $10.44 billion, a PE ratio of 80.17 and a beta of 1.74. The company has a 50 day moving average price of $71.75 and a 200 day moving average price of $57.92.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. The firm had revenue of $752.74 million for the quarter, compared to analysts’ expectations of $711.91 million. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. The firm’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 earnings per share. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Equities analysts forecast that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Insiders Place Their Bets

In related news, insider Robert P. Farrell sold 3,476 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $68.93, for a total value of $239,600.68. Following the completion of the sale, the insider directly owned 20,346 shares of the company’s stock, valued at $1,402,449.78. The trade was a 14.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $69.75, for a total value of $1,171,800.00. Following the completion of the transaction, the director owned 804,923 shares of the company’s stock, valued at approximately $56,143,379.25. The trade was a 2.04% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 36,870 shares of company stock valued at $2,520,245. 1.30% of the stock is owned by company insiders.

Institutional Trading of TTM Technologies

Several institutional investors have recently added to or reduced their stakes in the business. Optiver Holding B.V. raised its stake in TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after acquiring an additional 170 shares during the period. Bessemer Group Inc. raised its position in shares of TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after purchasing an additional 377 shares during the period. Wolff Wiese Magana LLC bought a new stake in shares of TTM Technologies in the 4th quarter worth approximately $34,000. Salomon & Ludwin LLC bought a new position in TTM Technologies during the 3rd quarter worth $39,000. Finally, Employees Retirement System of Texas acquired a new stake in TTM Technologies in the third quarter worth $56,000. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Company Profile

TTM Technologies, Inc is a leading global manufacturer of printed circuit boards (PCBs) and related electronic components. The company’s product portfolio spans rigid, flexible and rigid-flex circuit boards, as well as advanced substrates, backplanes, hybrid circuits and integrated antenna modules. In addition to PCB fabrication, TTM offers comprehensive system‐level services, including design support, surface mount technology (SMT) assembly, cable and wire harness assembly, and complete box-build solutions to address end-to-end customer requirements.

Serving a broad array of end markets, TTM Technologies supports customers in the communications, computing, automotive, aerospace and defense, industrial, and medical sectors.