TTM Technologies Inc (NASDAQ: TTMI) is -5.66% lower on its value in year-to-date trading and has touched a low of $13.43 and a high of $30.41 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TTMI stock was last observed hovering at around $20.02 in the last trading session, with the day’s gains setting it 3.33%.
Currently trading at $23.35, the stock is 21.42% and 9.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.07 million and changing 16.63% at the moment leaves the stock 7.11% off its SMA200. TTMI registered 54.13% gain for a year compared to 6-month gain of 18.05%. The firm has a 50-day simple moving average (SMA 50) of $21.3328 and a 200-day simple moving average (SMA200) of $21.7999.
The stock witnessed a 12.75% loss in the last 1 month and extending the period to 3 months gives it a -5.00%, and is 16.52% 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 4.20% over the week and 5.99% over the month.
TTM Technologies Inc (TTMI) has around 16400 employees, a market worth around $2.37B and $2.44B in sales. Current P/E ratio is 43.12 and Fwd P/E is 9.93. Profit margin for the company is 2.30%. Distance from 52-week low is 73.86% and -23.22% from its 52-week high. The company has generated returns on investments over the last 12 months (2.19%).
with sales reaching $668.42M over the same period.The EPS is expected to grow by 25.29% this year, but quarterly earnings will post 8.88% year-over-year. Quarterly sales are estimated to grow 10.46% in year-over-year returns.
349.0 institutions hold shares in TTM Technologies Inc (TTMI), with institutional investors hold 104.75% of the company’s shares. The shares outstanding are 102.00M, and float is at 98.60M with Short Float at 2.79%. Institutions hold 102.67% 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 17.8776 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 13.3506 of the shares outstanding. The other top investors are THRIVENT FINANCIAL FOR LUTHERANS which holds 8.17 million shares representing 8.0684 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 Spoto Steven, the company’s. SEC filings show that Spoto Steven sold 500 shares of the company’s common stock on Feb 28 ’25 at a price of $24.32 per share for a total of $12160.0. Following the sale, the insider now owns 3484.0 shares.
Still, SEC filings show that on Feb 20 ’25, Knecht Dale Martin (SVP Information Technology) disposed off 3,848 shares at an average price of $26.01 for $0.1 million. The insider now directly holds 86,346 shares of TTM Technologies Inc (TTMI).
