Ttm Technologies Stock Today

TTMI Stock  USD 14.62  0.03  0.21%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 30

 
High
 
Low
Below Average
TTM Technologies is trading at 14.62 as of the 25th of April 2024. This is a 0.21 percent up since the beginning of the trading day. The stock's open price was 14.59. TTM Technologies has about a 30 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for TTM Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
21st of September 2000
Category
Technology
Classification
Information Technology
TTM Technologies, Inc., together with its subsidiaries, engages in the manufacture and sale of printed circuit boards worldwide. TTM Technologies, Inc. was incorporated in 1978 and is headquartered in Santa Ana, California. TTM Technologies operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. The company has 101.78 M outstanding shares of which 1.12 M shares are at this time shorted by private and institutional investors with about 1.74 trading days to cover. More on TTM Technologies

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TTM Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TTM Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TTM Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOThomas Edman
Thematic IdeaAggressive Defence (View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, SP Small-Cap 600, NASDAQ Composite Total, Aggressive Defence, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering TTM Technologies report their recommendations after researching TTM Technologies' financial statements, talking to executives and customers, or listening in on TTM Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering TTM Technologies. The TTM consensus assessment is calculated by taking the average forecast from all of the analysts covering TTM Technologies.
Financial Strength
Based on the key indicators related to TTM Technologies' liquidity, profitability, solvency, and operating efficiency, TTM Technologies may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of TTM Technologies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.820.6717
Fairly Up
Slightly volatile
Gross Profit Margin0.160.1633
Fairly Down
Slightly volatile
Net Debt361.5 M570.4 M
Way Down
Slightly volatile
Total Current Liabilities397.8 M704 M
Way Down
Slightly volatile
Non Current Liabilities Total576.1 M1.1 B
Way Down
Slightly volatile
Total Assets1.7 B3.3 B
Way Down
Slightly volatile
Total Current Assets739.3 M1.4 B
Way Down
Slightly volatile
TTM Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TTM Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
TTM Technologies' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of TTM Technologies' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TTM Technologies' financial leverage. It provides some insight into what part of TTM Technologies' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on TTM Technologies' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how TTM Technologies deploys its capital and how much of that capital is borrowed.
Liquidity
TTM Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.02 B in liabilities with Debt to Equity (D/E) ratio of 0.66, which is about average as compared to similar companies. TTM Technologies has a current ratio of 1.87, which is within standard range for the sector. Debt can assist TTM Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, TTM Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TTM Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TTM to invest in growth at high rates of return. When we think about TTM Technologies' use of debt, we should always consider it together with cash and equity.

Change In Working Capital

(11.34 Million)
TTM Technologies (TTMI) is traded on NASDAQ Exchange in USA. It is located in 200 East Sandpointe, Santa Ana, CA, United States, 92707 and employs 15,800 people. TTM Technologies is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TTM Technologies's market, we take the total number of its shares issued and multiply it by TTM Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TTM Technologies conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 101.78 M outstanding shares of which 1.12 M shares are at this time shorted by private and institutional investors with about 1.74 trading days to cover. TTM Technologies currently holds about 266.55 M in cash with 187.28 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.61.
Check TTM Technologies Probability Of Bankruptcy
Ownership Allocation
TTM Technologies maintains a total of 101.78 Million outstanding shares. The majority of TTM Technologies outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in TTM Technologies to benefit from reduced commissions. Accordingly, institutions are subject to a different set of regulations than regular investors in TTM Technologies. Please pay attention to any change in the institutional holdings of TTM Technologies as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check TTM Ownership Details

TTM Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of TTM Technologies jumping above the current price in 90 days from now is about 59.34%. The TTM Technologies probability density function shows the probability of TTM Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.2636. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, TTM Technologies will likely underperform. Additionally, tTM Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 14.62HorizonTargetOdds Above 14.62
40.36%90 days
 14.62 
59.34%
Based on a normal probability distribution, the odds of TTM Technologies to move above the current price in 90 days from now is about 59.34 (This TTM Technologies probability density function shows the probability of TTM Stock to fall within a particular range of prices over 90 days) .

TTM Stock Institutional Holders

Institutional Holdings refers to the ownership stake in TTM Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TTM Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TTM Technologies' value.
InstituionRecorded OnShares
Goldman Sachs Group Inc2023-12-31
1.5 M
Adage Capital Partners Gp Llc2023-12-31
1.5 M
Northern Trust Corp2023-12-31
1.3 M
Nuveen Asset Management, Llc2023-12-31
1.2 M
Amvescap Plc.2023-12-31
1.2 M
Ameriprise Financial Inc2023-12-31
1.1 M
Wellington Management Company Llp2023-12-31
977.2 K
Bridgeway Capital Management, Llc2023-12-31
934.5 K
Morgan Stanley - Brokerage Accounts2023-12-31
930.7 K
Blackrock Inc2023-12-31
18.1 M
Vanguard Group Inc2023-12-31
13.5 M
View TTM Technologies Diagnostics

TTM Technologies Historical Income Statement

TTM Technologies Income Statement is one of the three primary financial statements used for reporting TTM's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TTM Technologies revenue and expense. TTM Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, TTM Technologies' Research Development is increasing as compared to previous years. The TTM Technologies' current Non Operating Income Net Other is estimated to increase to about 21.7 M, while Interest Expense is projected to decrease to under 38.7 M. View More Fundamentals

TTM Stock Against Markets

Picking the right benchmark for TTM Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TTM Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TTM Technologies is critical whether you are bullish or bearish towards TTM Technologies at a given time. Please also check how TTM Technologies' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in TTM Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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TTM Technologies Corporate Directors

TTM Technologies corporate directors refer to members of a TTM Technologies board of directors. The board of directors generally takes responsibility for the TTM Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of TTM Technologies' board members must vote for the resolution. The TTM Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
James BassIndependent DirectorProfile
Sameer DesaiSenior Director, Corporate Development and Investor RelationsProfile
Chantel LenardIndependent DirectorProfile
Tom TangDirectorProfile

How to buy TTM Stock?

Before investing in TTM Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in TTM Technologies. To buy TTM Technologies stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of TTM Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase TTM Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located TTM Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased TTM Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as TTM Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy TTM Stock please use our How to Invest in TTM Technologies guide.

Already Invested in TTM Technologies?

The danger of trading TTM Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TTM Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TTM Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TTM Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether TTM Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TTM Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ttm Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ttm Technologies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TTM Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running TTM Technologies' price analysis, check to measure TTM Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TTM Technologies is operating at the current time. Most of TTM Technologies' value examination focuses on studying past and present price action to predict the probability of TTM Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTM Technologies' price. Additionally, you may evaluate how the addition of TTM Technologies to your portfolios can decrease your overall portfolio volatility.
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Is TTM Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TTM Technologies. If investors know TTM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TTM Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.852
Earnings Share
(0.18)
Revenue Per Share
21.729
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0209
The market value of TTM Technologies is measured differently than its book value, which is the value of TTM that is recorded on the company's balance sheet. Investors also form their own opinion of TTM Technologies' value that differs from its market value or its book value, called intrinsic value, which is TTM Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TTM Technologies' market value can be influenced by many factors that don't directly affect TTM Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TTM Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TTM Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTM Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.