Equities research analysts expect that TTM Technologies, Inc. (NASDAQ:TTMI) will report earnings of $0.17 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for TTM Technologies’ earnings. TTM Technologies reported earnings of $0.26 per share during the same quarter last year, which would indicate a negative year over year growth rate of 34.6%. The business is expected to report its next quarterly earnings results after the market closes on Wednesday, May 1st.

On average, analysts expect that TTM Technologies will report full year earnings of $1.52 per share for the current fiscal year, with EPS estimates ranging from $1.40 to $1.63. For the next year, analysts anticipate that the business will report earnings of $1.83 per share, with EPS estimates ranging from $1.62 to $2.01. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover TTM Technologies.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, February 6th. The technology company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.05. The firm had revenue of $711.00 million during the quarter, compared to analyst estimates of $710.84 million. TTM Technologies had a return on equity of 15.10% and a net margin of 6.10%. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 EPS.

Several research firms have recently issued reports on TTMI. BidaskClub raised TTM Technologies from a “hold” rating to a “buy” rating in a report on Wednesday, April 10th. ValuEngine lowered TTM Technologies from a “sell” rating to a “strong sell” rating in a report on Thursday, March 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $20.67.

In other news, insider Jon Pereira sold 2,195 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $12.03, for a total value of $26,405.85. Following the completion of the transaction, the insider now directly owns 18,643 shares of the company’s stock, valued at $224,275.29. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Philip Titterton sold 19,864 shares of the company’s stock in a transaction that occurred on Tuesday, February 19th. The shares were sold at an average price of $11.85, for a total value of $235,388.40. Following the completion of the transaction, the insider now owns 61,188 shares in the company, valued at approximately $725,077.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 36,786 shares of company stock valued at $438,712. 6.90% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. lifted its stake in TTM Technologies by 3.2% in the fourth quarter. BlackRock Inc. now owns 13,802,498 shares of the technology company’s stock valued at $134,298,000 after purchasing an additional 432,824 shares during the last quarter. Vanguard Group Inc lifted its stake in TTM Technologies by 0.5% in the third quarter. Vanguard Group Inc now owns 12,178,218 shares of the technology company’s stock valued at $193,755,000 after purchasing an additional 65,344 shares during the last quarter. Vanguard Group Inc. lifted its stake in TTM Technologies by 0.5% in the third quarter. Vanguard Group Inc. now owns 12,178,218 shares of the technology company’s stock valued at $193,755,000 after purchasing an additional 65,344 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in TTM Technologies by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 8,767,958 shares of the technology company’s stock valued at $85,312,000 after purchasing an additional 133,379 shares during the last quarter. Finally, LSV Asset Management lifted its stake in TTM Technologies by 0.8% in the fourth quarter. LSV Asset Management now owns 4,357,084 shares of the technology company’s stock valued at $42,394,000 after purchasing an additional 33,400 shares during the last quarter.

Shares of TTMI stock traded up $0.09 during trading on Friday, hitting $13.61. The company’s stock had a trading volume of 712,281 shares, compared to its average volume of 869,147. The firm has a market cap of $1.43 billion, a PE ratio of 9.86 and a beta of 2.26. The company has a quick ratio of 1.63, a current ratio of 1.79 and a debt-to-equity ratio of 1.19. TTM Technologies has a 52 week low of $8.97 and a 52 week high of $19.91.

About TTM Technologies

TTM Technologies, Inc, together with its subsidiaries, manufactures printed circuit boards (PCBs) worldwide. It operates through two segments, PCB and E-M Solutions. The company offers a range of PCBs and electro-mechanical solutions, including conventional PCBs, high density interconnect PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, and IC substrates.

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