TDK (OTCMKTS:TTDKY) Announces Quarterly Earnings Results

TDK (OTCMKTS:TTDKY) announced its earnings results on Friday. The technology company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.02), Zacks reports. TDK had a net margin of 7.87% and a return on equity of 10.01%. TDK updated its FY 2027 guidance to 0.760-0.760 EPS.

TDK Stock Performance

Shares of TDK stock traded up $1.05 during trading on Friday, hitting $19.56. 148,259 shares of the company’s stock were exchanged, compared to its average volume of 287,817. TDK has a 52-week low of $11.69 and a 52-week high of $26.73. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.18 and a current ratio of 1.53. The stock has a market capitalization of $38.02 billion, a price-to-earnings ratio of 28.35, a PEG ratio of 1.22 and a beta of 1.28. The business has a 50-day simple moving average of $21.93 and a 200-day simple moving average of $17.35.

Analyst Ratings Changes

Separately, Zacks Research raised shares of TDK from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, TDK presently has a consensus rating of “Buy”.

About TDK

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.