Currently, there are 101.97M common shares owned by the public and among those 98.95M shares have been available to trade.
The company’s stock has a 5-day price change of 3.48% and 26.88% over the past three months. TTMI shares are trading 3.19% year to date (YTD), with the 12-month market performance up to 79.73% higher. It has a 12-month low price of $13.43 and touched a high of $28.00 over the same period. TTMI has an average intraday trading volume of 635.29K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.96%, 3.15%, and 27.50% respectively.
Institutional ownership of TTM Technologies Inc (NASDAQ: TTMI) shares accounts for 99.25% of the company’s 101.97M shares outstanding.
It has a market capitalization of $2.60B and a beta (3y monthly) value of 1.19. The stock’s trailing 12-month PE ratio is 38.80, while the earnings-per-share (ttm) stands at $0.66. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.25% over the week and 2.97% over the month.
Earnings per share for the fiscal year are expected to increase by 19.43%, and 22.03% over the next financial year.
Looking at the support for the TTMI, a number of firms have released research notes about the stock. Stifel stated their Buy rating for the stock in a research note on May 02, 2024, with the firm’s price target at $15-$19. Truist coverage for the TTM Technologies Inc (TTMI) stock in a research note released on November 02, 2023 offered a Buy rating with a price target of $16.50. Stifel was of a view on January 26, 2023 that the stock is Hold, while Truist gave the stock Hold rating on February 10, 2022, issuing a price target of $16- $14. Craig Hallum on their part issued Buy rating on September 29, 2020.
