Market Recap Check: TTM Technologies Inc (TTMI)’s Negative Finish at 22.70, Up/Down -1.99

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The price of TTM Technologies Inc (NASDAQ: TTMI) closed at $22.70 in the last session, down -1.99% from day before closing price of $23.16. In other words, the price has decreased by -$1.99 from its previous closing price. On the day, 0.55 million shares were traded.

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 4.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.31. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.64.

On May 02, 2024, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $15 to $19.

Truist Upgraded its Hold to Buy on November 02, 2023, whereas the target price for the stock was revised from $16 to $16.50.

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 Feb 24 ’25 when Jankowsky Jeff bought 8,160 shares for $25.15 per share.

Knecht Dale Martin sold 3,848 shares of TTMI for $100,101 on Feb 20 ’25. The SVP Information Technology now owns 86,346 shares after completing the transaction at $26.01 per share. On Feb 20 ’25, another insider, Weber Daniel J, who serves as the EVP, General Counsel of the company, sold 15,000 shares for $26.34 each. As a result, the insider received 395,085 and left with 95,153 shares of the company.

Valuation Measures:

As of this moment, TTM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.92, and their Forward P/E ratio for the next fiscal year is 10.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 1.48.

Stock Price History:

Over the past 52 weeks, TTMI has reached a high of $30.41, while it has fallen to a 52-week low of $13.43. The 50-Day Moving Average of the stock is -9.21%, while the 200-Day Moving Average is calculated to be 5.48%.

Shares Statistics:

A total of 102.00M shares are outstanding, with a floating share count of 99.07M. Insiders hold about 2.97% of the company’s shares, while institutions hold 100.26% stake in the company.

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