TDK (OTCMKTS:TTDKY) Stock Price Down 8.2% – Time to Sell?

TDK Corp. (OTCMKTS:TTDKY)’s share price fell 8.2% during mid-day trading on Thursday . The company traded as low as $12.14 and last traded at $12.16. 10,937 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 274,817 shares. The stock had previously closed at $13.25.

Analyst Ratings Changes

Several equities analysts recently commented on TTDKY shares. Wall Street Zen raised shares of TDK from a “hold” rating to a “buy” rating in a research note on Wednesday, February 4th. Nomura upgraded shares of TDK to a “strong-buy” rating in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, TDK presently has a consensus rating of “Strong Buy”.

TDK Trading Down 6.1%

The stock has a 50 day moving average of $13.87 and a 200 day moving average of $14.66. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.53 and a quick ratio of 1.18. The firm has a market cap of $24.18 billion, a P/E ratio of 18.85, a PEG ratio of 1.32 and a beta of 0.76.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings data on Monday, February 2nd. The technology company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.03. The firm had revenue of $4.34 billion during the quarter, compared to analysts’ expectations of $612.08 billion. TDK had a return on equity of 9.83% and a net margin of 7.85%.TDK has set its FY 2026 guidance at 0.650-0.650 EPS. As a group, equities research analysts predict that TDK Corp. will post 0.61 EPS for the current year.

TDK Company Profile

TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.

TDK’s product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.