TTM Technologies Inc (NASDAQ: TTMI) is 0.69% higher on its value in year-to-date trading and has touched a low of $13.43 and a high of $28.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TTMI stock was last observed hovering at around $24.89 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $24.92, the stock is -1.10% and 2.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.44 million and changing 0.12% at the moment leaves the stock 26.30% off its SMA200. TTMI registered 64.92% gain for a year compared to 6-month gain of 21.92%. The firm has a 50-day simple moving average (SMA 50) of $24.2534 and a 200-day simple moving average (SMA200) of $19.73155.
The stock witnessed a 1.18% loss in the last 1 month and extending the period to 3 months gives it a 35.07%, and is 0.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 3.34% over the month.
TTM Technologies Inc (TTMI) has around 15800 employees, a market worth around $2.54B and $2.36B in sales. Current P/E ratio is 37.86 and Fwd P/E is 12.75. Profit margin for the company is 2.90%. Distance from 52-week low is 85.55% and -11.00% from its 52-week high. The company has generated returns on investments over the last 12 months (2.68%).
The EPS is expected to grow by 19.55% this year
333.0 institutions hold shares in TTM Technologies Inc (TTMI), with institutional investors hold 104.91% of the company’s shares. The shares outstanding are 101.97M, and float is at 98.95M with Short Float at 2.46%. Institutions hold 102.38% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.1 million shares valued at $351.65 million. The investor’s holdings represent 17.7517 of the TTMI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.52 million shares valued at $262.6 million to account for 13.2566 of the shares outstanding. The other top investors are THRIVENT FINANCIAL FOR LUTHERANS which holds 8.17 million shares representing 8.0116 and valued at over $158.7 million, while DIMENSIONAL FUND ADVISORS LP holds 7.8968 of the shares totaling 8.05 million with a market value of $156.43 million.
TTM Technologies Inc (TTMI) Insider Activity
The most recent transaction is an insider sale by Soder Douglas L, the company’s EVP, President. SEC filings show that Soder Douglas L sold 5,985 shares of the company’s common stock on Dec 05 ’24 at a price of $25.00 per share for a total of $0.15 million. Following the sale, the insider now owns 0.18 million shares.
Still, SEC filings show that on Dec 02 ’24, Soder Douglas L (EVP, President) disposed off 19,015 shares at an average price of $25.00 for $0.48 million. The insider now directly holds 185,478 shares of TTM Technologies Inc (TTMI).
