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The price of TTM Technologies Inc (NASDAQ: TTMI) closed at $22.44 in the last session, up 13.79% from day before closing price of $19.72. In other words, the price has increased by $13.79 from its previous closing price. On the day, 1.64 million shares were traded. TTMI stock price reached its highest trading level at $23.61 during the session, while it also had its lowest trading level at $21.0.
Ratios:
We take a closer look at TTMI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 97.39. For the most recent quarter (mrq), Quick Ratio is recorded 1.74 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.66.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 23 ’24 when Powers Shawn A. bought 7,000 shares for $20.50 per share.
Powers Shawn A. sold 7,000 shares of TTMI for $143,500 on Aug 23 ’24. The EVP, Human Resources now owns 101,741 shares after completing the transaction at $20.50 per share. On Aug 22 ’24, another insider, BOEHLE DANIEL L., who serves as the Officer of the company, bought 5,796 shares for $19.72 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 2287780608 and an Enterprise Value of 2734711552. As of this moment, TTM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 138.26, and their Forward P/E ratio for the next fiscal year is 11.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 1.158 whereas that against EBITDA is 8.849.
Stock Price History:
Over the past 52 weeks, TTMI has reached a high of $22.70, while it has fallen to a 52-week low of $11.38. The 50-Day Moving Average of the stock is 18.93%, while the 200-Day Moving Average is calculated to be 28.38%.
Shares Statistics:
According to the various share statistics, TTMI traded on average about 790.47K shares per day over the past 3-months and 747170 shares per day over the past 10 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 100.19% stake in the company. Shares short for TTMI as of 1728950400 were 2240397 with a Short Ratio of 2.83, compared to 1726185600 on 1802236. Therefore, it implies a Short% of Shares Outstanding of 2240397 and a Short% of Float of 3.27.
