Are Things Looking Up For TTM Technologies Inc (NASDAQ: TTMI)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted TTM Technologies, Inc. Announces Upcoming Conference Participation.

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Stocks Info

The company is listed on the NASDAQ and operates within the Electronic Components industry segment. The current market capitalization of TTM Technologies Inc is $1.67B. A total of 1.56 million shares were traded on the day, compared to an average of 2.42 shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, TTMI has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 1,234 shares. Over the last 12 months, there were 25 BUYs and 34 SELLs from insiders. Insiders purchased 647,080 shares during that period but sold 354,304.

In the most recent transaction, SANCHEZ TONY sold 191 shares of TTMI for 14.15 per share on Feb 02. After the transaction, the VP, Corporate Controller now owns 22,928 company shares. In a previous transaction on Nov 16, Farrell Robert P. sold 653 shares at 14.54 per share. TTMI shares that President C&C owns now total 20,759.

Among the insiders who sold shares, Powers Shawn A. disposed of 10,000 shares on Aug 22 at a per-share price of $14.95. This resulted in the EVP, Human Resources holding 85,807 shares of TTMI after the transaction. In another insider transaction, Knecht Dale Martin sold 20,000 shares at $15.09 per share on Aug 08. Company shares held by the SVP Information Technology now total 90,684.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for TTMI in the last 3 months, the mean price target is $19.19 with high estimates of $22.00 and low estimates of $15.00. In terms of 52-week highs and lows, TTMI has a high of $16.14 and a low of $11.13.

As of this writing, TTMI has an earnings estimate of $0.27 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.28 per share and a lower estimate of $0.27. The company reported an EPS of $0.43 in the last quarter, which was 59.30% higher than expectations of $0.27.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TTMI’s latest balance sheet shows that the firm has $537.68M in Cash & Short Term Investments as of fiscal 2021. There were $963.75M in debt and $558.15M in liabilities at the time. Its Book Value Per Share was $14.59, while its Total Shareholder’s Equity was $1.46B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TTMI is Buy with a score of 4.25.

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