TTM Technologies (NASDAQ:TTMI) Hits New 52-Week High – Time to Buy?

Shares of TTM Technologies, Inc. (NASDAQ:TTMI) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $113.45 and last traded at $111.6970, with a volume of 302663 shares. The stock had previously closed at $106.70.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TTMI. Stifel Nicolaus set a $108.00 target price on TTM Technologies in a research report on Thursday, February 5th. Truist Financial set a $113.00 price objective on TTM Technologies in a report on Wednesday, January 14th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. B. Riley Financial lifted their price objective on TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Finally, Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $117.25.

TTM Technologies Stock Performance

The company’s fifty day moving average price is $87.29 and its 200 day moving average price is $68.17. The company has a market cap of $11.60 billion, a PE ratio of 66.11 and a beta of 1.75. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.93 and a quick ratio of 1.67.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.02. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The business had revenue of $763.53 million during the quarter, compared to analyst estimates of $752.96 million. During the same quarter in the prior year, the firm earned $0.60 earnings per share. TTM Technologies’s revenue for the quarter was up 19.0% on a year-over-year basis. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. On average, equities research analysts predict that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Insider Activity at TTM Technologies

In other TTM Technologies news, insider Anthony Joseph Sandeen sold 2,000 shares of TTM Technologies stock in a transaction on Monday, December 1st. The shares were sold at an average price of $67.30, for a total transaction of $134,600.00. Following the sale, the insider owned 41,442 shares of the company’s stock, valued at $2,789,046.60. The trade was a 4.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $96.12, for a total value of $1,614,816.00. Following the completion of the sale, the director owned 783,406 shares in the company, valued at $75,300,984.72. This represents a 2.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 90,350 shares of company stock valued at $8,327,906. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of TTMI. Optiver Holding B.V. lifted its holdings in shares of TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after purchasing an additional 170 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in TTM Technologies during the 4th quarter worth about $30,000. Truvestments Capital LLC purchased a new position in TTM Technologies during the 4th quarter worth approximately $30,000. Bessemer Group Inc. grew its position in TTM Technologies by 448.8% during the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after purchasing an additional 377 shares in the last quarter. Finally, Rakuten Securities Inc. acquired a new stake in shares of TTM Technologies during the 4th quarter valued at about $32,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.

TTM Technologies Company Profile

TTM Technologies, Inc is a leading global manufacturer of printed circuit boards (PCBs) and related electronic components. The company’s product portfolio spans rigid, flexible and rigid-flex circuit boards, as well as advanced substrates, backplanes, hybrid circuits and integrated antenna modules. In addition to PCB fabrication, TTM offers comprehensive system‐level services, including design support, surface mount technology (SMT) assembly, cable and wire harness assembly, and complete box-build solutions to address end-to-end customer requirements.

Serving a broad array of end markets, TTM Technologies supports customers in the communications, computing, automotive, aerospace and defense, industrial, and medical sectors.