TTM Technologies, Inc. (NASDAQ:TTMI) Receives $149.50 Average PT from Brokerages

TTM Technologies, Inc. (NASDAQ:TTMI) has earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $149.50.

TTMI has been the subject of several research reports. Needham & Company LLC increased their price target on shares of TTM Technologies from $125.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Truist Financial increased their price target on shares of TTM Technologies from $115.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Stifel Nicolaus increased their price target on shares of TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Finally, B. Riley Financial reiterated a “buy” rating on shares of TTM Technologies in a research note on Friday, April 24th.

Insider Transactions at TTM Technologies

In related news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Catherine A. Gridley sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the sale, the executive vice president owned 78,645 shares in the company, valued at approximately $8,331,651.30. The trade was a 20.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 53,600 shares of company stock worth $5,509,880. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On TTM Technologies

Several institutional investors and hedge funds have recently modified their holdings of the stock. Sunbelt Securities Inc. raised its position in shares of TTM Technologies by 1,131.4% during the first quarter. Sunbelt Securities Inc. now owns 628 shares of the technology company’s stock valued at $61,000 after buying an additional 577 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in TTM Technologies by 12.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,347 shares of the technology company’s stock worth $131,000 after purchasing an additional 150 shares during the last quarter. California State Teachers Retirement System increased its position in TTM Technologies by 22.0% in the first quarter. California State Teachers Retirement System now owns 119,733 shares of the technology company’s stock worth $11,664,000 after purchasing an additional 21,622 shares during the last quarter. Rokos Capital Management LLP bought a new stake in TTM Technologies in the first quarter worth $13,031,000. Finally, The Manufacturers Life Insurance Company increased its position in TTM Technologies by 91.4% in the first quarter. The Manufacturers Life Insurance Company now owns 99,777 shares of the technology company’s stock worth $9,720,000 after purchasing an additional 47,646 shares during the last quarter. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Price Performance

Shares of TTM Technologies stock opened at $158.86 on Thursday. TTM Technologies has a 52-week low of $28.12 and a 52-week high of $180.00. The stock has a market capitalization of $16.50 billion, a price-to-earnings ratio of 85.87 and a beta of 2.11. The company has a fifty day moving average of $120.42 and a 200-day moving average of $95.22. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter in the prior year, the company posted $0.50 EPS. The firm’s revenue for the quarter was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities research analysts expect that TTM Technologies will post 3.17 EPS for the current year.

About TTM Technologies

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.