TDK (OTCMKTS:TTDKY) Posts Earnings Results, Misses Expectations By $0.02 EPS

TDK (OTCMKTS:TTDKY) issued its quarterly earnings results on Friday. The technology company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02), Zacks reports. TDK had a net margin of 7.87% and a return on equity of 10.01%. The firm had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $3.90 billion. TDK updated its FY 2027 guidance to 0.760-0.760 EPS.

TDK Trading Up 5.7%

Shares of OTCMKTS:TTDKY opened at $19.56 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.53 and a debt-to-equity ratio of 0.16. The company’s 50-day moving average price is $21.90 and its 200 day moving average price is $17.36. The company has a market cap of $38.02 billion, a PE ratio of 28.35, a P/E/G ratio of 1.37 and a beta of 1.28. TDK has a fifty-two week low of $11.69 and a fifty-two week high of $26.73.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of TDK from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, TDK presently has an average rating of “Buy”.

About TDK

TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.

TDK’s product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.