TDK (OTCMKTS:TTDKY) Upgraded by Nomura to “Strong-Buy” Rating

Nomura upgraded shares of TDK (OTCMKTS:TTDKY) to a strong-buy rating in a research report report published on Tuesday,Zacks.com reports.

Separately, Wall Street Zen raised shares of TDK from a “hold” rating to a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, TDK presently has an average rating of “Strong Buy”.

TDK Price Performance

Shares of TTDKY stock opened at $13.84 on Tuesday. The stock’s fifty day simple moving average is $14.15 and its 200 day simple moving average is $14.32. TDK has a one year low of $8.10 and a one year high of $18.51. The firm has a market cap of $26.90 billion, a price-to-earnings ratio of 20.97, a P/E/G ratio of 1.23 and a beta of 0.78. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.56 and a quick ratio of 1.22.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings data on Monday, February 2nd. The technology company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.03. TDK had a return on equity of 10.07% and a net margin of 7.85%.The firm had revenue of $4.34 billion during the quarter, compared to analyst estimates of $612.08 billion. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. On average, analysts expect that TDK will post 0.61 earnings per share for the current fiscal year.

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.