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The closing price of TTM Technologies Inc (NASDAQ: TTMI) was $23.64 for the day, up 1.46% from the previous closing price of $23.30. In other words, the price has increased by $1.46 from its previous closing price. On the day, 0.77 million shares were traded. TTMI stock price reached its highest trading level at $23.81 during the session, while it also had its lowest trading level at $23.18.
Ratios:
Our analysis of TTMI’s different ratios will help us gain a deeper understanding of the company. 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 106.99. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 18 ’24 when Farrell Robert P. sold 644 shares for $23.24 per share. The transaction valued at 14,967 led to the insider holds 22,018 shares of the business.
Clapprood Tom bought 298 shares of TTMI for $6,926 on Nov 18 ’24. On Nov 18 ’24, another insider, Farrell Robert P., who serves as the Officer of the company, bought 940 shares for $23.24 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 2410547200 and an Enterprise Value of 2927746304. As of this moment, TTM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.91, and their Forward P/E ratio for the next fiscal year is 11.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 1.24 whereas that against EBITDA is 9.535.
Stock Price History:
Over the past 52 weeks, TTMI has reached a high of $25.49, while it has fallen to a 52-week low of $13.43. The 50-Day Moving Average of the stock is 15.82%, while the 200-Day Moving Average is calculated to be 29.95%.
Shares Statistics:
TTMI traded an average of 738.81K shares per day over the past three months and 601210 shares per day over the past ten days. A total of 102.11M shares are outstanding, with a floating share count of 98.91M. Insiders hold about 3.00% of the company’s shares, while institutions hold 99.27% stake in the company. Shares short for TTMI as of 1730332800 were 2443865 with a Short Ratio of 3.31, compared to 1727654400 on 2046478. Therefore, it implies a Short% of Shares Outstanding of 2443865 and a Short% of Float of 3.56.