TTM Technologies Inc (NASDAQ:TTMI) price on Friday, April 11, fall -0.90% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $18.65.
A look at the stock’s price movement, the close in the last trading session was $18.82, moving within a range at $18.145 and $18.845. The beta value (5-Year monthly) was 1.173 while the PE ratio in trailing twelve months stood at 34.44. Turning to its 52-week performance, $30.41 and $13.43 were the 52-week high and 52-week low respectively. Overall, TTMI moved -11.90% over the past month.
TTM Technologies Inc’s market cap currently stands at around $1.90 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-04.
Analysts have a consensus estimate of 621.44M for the company’s revenue for the quarter, with a low and high estimate of 619.8M and 625.97M respectively. The average forecast suggests up to a 9.00% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.59B, representing a 5.91% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TTMI is a 100% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend TTMI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
TTMI’s current price about -10.05% and -18.52% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.49, while 7-day volatility ratio is 10.73% and 5.65% in the 30-day chart. Further, TTM Technologies Inc (TTMI) has a beta value of 1.20, and an average true range (ATR) of 1.31. Analysts have given the company’s stock an average 52-week price target of $30, forecast between a low of $30 and high of $30. Looking at the price targets, the low is -60.86% off current price level while to achieve the yearly target high, price needs to move -60.86%. Nonetheless, investors will most likely welcome a -60.86% jump to $30 which is the analysts’ median price.
If we refocus on TTM Technologies Inc (NASDAQ:TTMI), historical trading data shows that trading volumes averaged 0.74 over the past 10 days and 775.81K over the past 3 months. The company’s latest data on shares outstanding shows there are 102.00 million shares.
The 2.97% of TTM Technologies Inc’s shares are in the hands of company insiders while institutional holders own 100.66% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.69 million on 2025-03-14, giving us a short ratio of 4.06. The data shows that as of 2025-03-14 short interest in TTM Technologies Inc (TTMI) stood at 391.00002 of shares outstanding, with shares short falling to 2.88 million registered in 2025-02-14. Current price change has pushed the stock -24.65% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TTMI stock continues to rise going into the next quarter.
