TTM Technologies Inc is an electronic components business based in the US. TTM Technologies shares (TTMI) are listed on the NASDAQ and all prices are listed in US Dollars. TTM Technologies employs 16,700 staff and has a trailing 12-month revenue of around USD$2.1 billion.
How to buy shares in TTM Technologies
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- Research the stock. Find the stock by name or ticker symbol – TTMI – and research it before deciding if it's a good investment for you.
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Is it a good time to buy TTM Technologies stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
What's in this guide?
- Can I buy shares in TTM Technologies?
- Has coronavirus impacted TTM Technologies shares?
- TTM Technologies shares summary
- Compare share dealing platforms
- Is TTM Technologies stock a buy or sell?
- TTM Technologies performance over time
- Can I short TTM Technologies shares?
- Are TTM Technologies shares over-valued?
- TTM Technologies's financials
- How volatile are TTM Technologies shares?
- Does TTM Technologies pay a dividend?
- Other common questions
How has Coronavirus impacted TTM Technologies's stock price?
Since the stock market crash in March caused by coronavirus, TTM Technologies's stock price has had significant positive movement.
Its last market close was $13.53, which is 1.63% up on its pre-crash value of $13.31 and 67.88% up on the lowest point reached during the March crash when the stocks fell as low as $8.0595.
If you had bought $1,000 worth of TTM Technologies stocks at the start of February 2020, those stocks would have been worth $610.67 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $934.65.
TTM Technologies stock priceUse our graph to track the performance of TTMI stocks over time.
TTM Technologies shares at a glance
|Latest market close||$13.53|
|52-week range||$11.55 - $15.36|
|50-day moving average||$13.23|
|200-day moving average||$14.24|
|Wall St. target price||$18.63|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.21|
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Note: The dollar amounts in the table below are in Canadian dollars.
TTM Technologies price performance over time
|1 week (2021-10-13)||1.12%|
|1 month (2021-09-18)||N/A|
|3 months (2021-07-22)||-1.38%|
|6 months (2021-04-22)||-9.44%|
|1 year (2020-10-22)||8.85%|
|2 years (2019-10-22)||7.55%|
|3 years (2018-10-22)||14.31|
|5 years (2016-10-21)||16.14%|
Is TTM Technologies under- or over-valued?
Valuing TTM Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TTM Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
TTM Technologies's P/E ratio
TTM Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 66x. In other words, TTM Technologies shares trade at around 66x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
TTM Technologies's PEG ratio
TTM Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.52. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into TTM Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
TTM Technologies's EBITDA
TTM Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $261.9 million.
The EBITDA is a measure of a TTM Technologies's overall financial performance and is widely used to measure a its profitability.
TTM Technologies financials
|Revenue TTM||$2.1 billion|
|Operating margin TTM||5.91%|
|Gross profit TTM||$359 million|
|Return on assets TTM||2.38%|
|Return on equity TTM||0.17%|
|Market capitalisation||$1.5 billion|
TTM: trailing 12 months
Shorting TTM Technologies shares
There are currently 4.9 million TTM Technologies shares held short by investors – that's known as TTM Technologies's "short interest". This figure is 25.3% down from 6.5 million last month.
There are a few different ways that this level of interest in shorting TTM Technologies shares can be evaluated.
TTM Technologies's "short interest ratio" (SIR)
TTM Technologies's "short interest ratio" (SIR) is the quantity of TTM Technologies shares currently shorted divided by the average quantity of TTM Technologies shares traded daily (recently around 1.2 million). TTM Technologies's SIR currently stands at 3.96. In other words for every 100,000 TTM Technologies shares traded daily on the market, roughly 3960 shares are currently held short.
However TTM Technologies's short interest can also be evaluated against the total number of TTM Technologies shares, or, against the total number of tradable TTM Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TTM Technologies's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 TTM Technologies shares in existence, roughly 50 shares are currently held short) or 0.048% of the tradable shares (for every 100,000 tradable TTM Technologies shares, roughly 48 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against TTM Technologies.
TTM Technologies share dividends
We're not expecting TTM Technologies to pay a dividend over the next 12 months.
TTM Technologies share price volatility
Over the last 12 months, TTM Technologies's shares have ranged in value from as little as $11.55 up to $15.36. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while TTM Technologies's is 1.6026. This would suggest that TTM Technologies's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
TTM Technologies overview
TTM Technologies, Inc. , together with its subsidiaries, manufactures and sells printed circuit boards (PCBs) worldwide. It operates PCB and RF&S Components segments. The company offers a range of PCB products, radio-frequency (RF) components, conventional PCBs, RF and microwave circuits, high density interconnect PCBs, substrate-like PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, IC substrates, passive RF components, advanced ceramic RF components, multi-chip modules, and beamforming and switching networks. It also produces printed circuits with heavy copper cores, as well as embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores. In addition, it offers various services, including design for manufacturability, PCB layout design, simulation and testing, and quick turnaround services. The company serves original equipment manufacturers and electronic manufacturing services companies that primarily serve aerospace and defense, computing, automotive components, medical, and industrial and instrumentation related products sectors.
Stocks similar to TTM Technologies
Frequently asked questions
TTM Technologies in the news
TTM Technologies (TTMI) Reports Next Week: Wall Street Expects Earnings Growth
Are Investors Undervaluing TTM Technologies, Inc. (NASDAQ:TTMI) By 25%?
Optimism for TTM Technologies (NASDAQ:TTMI) has grown this past week, despite five-year decline in earnings
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