TTM Technologies Inc. (NASDAQ:TTMI) went up by 1.33% during the previous trading session, and it is maintaining the win ahead of Friday’s trading session. The share price of the Electronic Components giant went up by $11.47 to trade ended Friday trading at $11.32. This is up from the $11.32 price recorded on Thursday’s trading session. Thanks to this latest performance, TTMI is closer to the higher price 52-week target of $17.75 and further from the lowest price target of $13.00. Its performance from the start of the year has also been negative, with TTMI down by -23.79% year-to-date.
TTM Technologies Inc. (TTMI) started the day trading at $11.46 and recorded an intraday high of $11.9. It also recorded an intraday low of $11.355 during Friday’s trading session. TTM Technologies Inc. is a very active stock that recorded a trading volume that is less than -10.59% of the average daily trading volume on Friday. The stock’s trading volume on Friday was 1121236, which is less than -10.59 of the total average daily trading volume of 1.24 million.
TTM Technologies Inc. (NASDAQ:TTMI) 2020 Performance Impressive
The increase in TTMI’s stock price on Friday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of TTMI currently stands at $16.25, which is higher than the current trading price of the stock by 29.42%. However, TTMI’s current trading price is -42.31% lower than the 52-week low price of $8.06. In terms of trading volume, TTM Technologies Inc. currently experienced healthy participation during the last trading session. 1121236 shares of TTM Technologies Inc. were traded on the stock exchange on Friday, which is less than -10.59% of the 1.24 million average trading volume of the stock.
The performance of the stock has been positive over the past year. TTMI’s performance over the past one year has seen it surge by 15.74%, while the stock has gone down by -23.89% in the last six months. The quarterly performance of TTMI currently stands at 27.59%, and it is down by -2.55% in the last month. The only positive figure was from the weekly performance, which currently reads 1.68%. At the time of writing TTMI’s report, the company has a total market cap of $1.20B, making it one of the largest publicly-traded companies in the world.TTM Technologies Inc. also has over 25700 employees all over the world.
TTMI Insider Activities
The insider transactions over the past six months are up by 2.70%.For TTM Technologies Inc. insiders bought 252,566 shares in 18 transactions. In that same period, insiders sold 210,459 of their shares in 43 transactions. After these transactions, insiders at TTM Technologies Inc. now hold 7.33M shares, which is over 115.15% of the total company stocks. Institutional investors currently hold a large chunk of the TTMI shares, as they control 6.90% of the company’s total stock.
TTMI Fundamental Analysis
For TTM Technologies Inc., the stock’s diluted earnings per share (EPS) stands at 0.36. In the coming year, analysts expect the EPS to be 1.11. The EPS growth will up over the next five years to 9.36% after surging by 17.30% in the previous five years. In terms of revenue, TTM Technologies Inc.’s quarterly sales (YOY) is growing at 0.14, which is lower than the average annual revenue of 17.30% over the past half a decade.
The Return on Investment (ROI) on TTM Technologies Inc.’s stock currently stands at 4.20%, and it has a net profit margin of 1.70%. The operating margin of the company is 4.60%, and its gross margin is 15.40%.
TTMI Analysts Prediction
The JP Morgan has a Overweight rating for TTM Technologies Inc., predicting the stock price to stay between $13 and $16.
Stifel and SunTrust also believe that TTM Technologies Inc.’s stock is outperforming at the moment.
At the moment, TTM Technologies Inc.’s Total Debt to Equity ratio stands at 1.16, and they have a long-term Debt to Equity ratio of 0.96.
TTMI Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of TTMI currently stands at -2.13%, while the SMA50 is 2.14%. The biggest one is the SMA200, which is currently reading -8.15% ahead of Friday’s trading session. The Relative Strength Index of this stock is 50.19, while its price to earnings ratio (P/E) is 32.13.