Market Insights: TTM Technologies Inc (TTMI)’s Notable Gain of 0.84, Closing at 25.24

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As of close of business last night, TTM Technologies Inc’s stock clocked out at $25.24, up 0.84% from its previous closing price of $25.03. In other words, the price has increased by $0.84 from its previous closing price. On the day, 0.72 million shares were traded. TTMI stock price reached its highest trading level at $25.43 during the session, while it also had its lowest trading level at $24.89.

Ratios:

To gain a deeper understanding of TTMI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 114.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.65.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on May 02, 2024, Upgraded its rating to Buy and sets its target price to $19 from $15 previously.

On November 02, 2023, Truist Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $16 to $16.50.

Stifel Downgraded its Buy to Hold on January 26, 2023, while the target price for the stock was maintained at $17.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 06 ’24 when Gridley Catherine A sold 5,000 shares for $25.15 per share. The transaction valued at 125,727 led to the insider holds 115,296 shares of the business.

Clapprood Tom sold 10,000 shares of TTMI for $250,743 on Nov 06 ’24. The President A&D Radar Systems now owns 44,335 shares after completing the transaction at $25.07 per share. On Nov 06 ’24, another insider, Clapprood Tom, who serves as the Officer of the company, bought 10,000 shares for $25.07 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TTMI now has a Market Capitalization of 2573697536 and an Enterprise Value of 3125567232. As of this moment, TTM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.34, and their Forward P/E ratio for the next fiscal year is 12.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 1.324 whereas that against EBITDA is 10.179.

Stock Price History:

Over the past 52 weeks, TTMI has reached a high of $25.47, while it has fallen to a 52-week low of $13.43. The 50-Day Moving Average of the stock is 31.25%, while the 200-Day Moving Average is calculated to be 42.56%.

Shares Statistics:

It appears that TTMI traded 748.23K shares on average per day over the past three months and 937540 shares per day over the past ten days. A total of 102.11M shares are outstanding, with a floating share count of 98.87M. Insiders hold about 3.02% of the company’s shares, while institutions hold 100.37% stake in the company. Shares short for TTMI as of 1728950400 were 2240397 with a Short Ratio of 2.99, compared to 1726185600 on 1802236. Therefore, it implies a Short% of Shares Outstanding of 2240397 and a Short% of Float of 3.27.

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