TT Electronics plc (TTG) is a leading electronic components business based in the UK. It opened the day at 197.5p after a previous close of 202p. During the day the price has varied from a low of 196.83p to a high of 207p. The latest price was 204p (25 minute delay). TT Electronics is listed on the London Stock Exchange (LSE) and employs 4,703 staff. All prices are listed in pence sterling.
Since the stock market crash in March caused by coronavirus, TT Electronics's share price has had significant negative movement.
Its last market close was 198p, which is 13.91% down on its pre-crash value of 230p and 45.85% up on the lowest point reached during the March crash when the shares fell as low as 135.7536p.
If you had bought £1,000 worth of TT Electronics shares at the start of February 2020, those shares would have been worth £637.13 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 £835.44.
|52-week range||131.8059p - 275p|
|50-day moving average||206.9412p|
|200-day moving average||192.1673p|
|Wall St. target price||302.5p|
|Dividend yield||0.07p (4.5%)|
|Earnings per share (TTM)||4p|
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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.
|1 month (2020-12-22)||2.51%|
|3 months (2020-10-22)||-0.97%|
|6 months (2020-07-22)||18.95%|
Valuing TT Electronics stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TT Electronics's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
TT Electronics's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 50x. In other words, TT Electronics shares trade at around 50x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
TT Electronics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £22 million.
The EBITDA is a measure of a TT Electronics's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||£450 million|
|Operating margin TTM||2.13%|
|Gross profit TTM||£116.8 million|
|Return on assets TTM||1.09%|
|Return on equity TTM||1.5%|
|Market capitalisation||£346.5 million|
TTM: trailing 12 months
Dividend payout ratio: 24500% of net profits
Recently TT Electronics has paid out, on average, around 24500% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.5% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), TT Electronics shareholders could enjoy a 4.5% return on their shares, in the form of dividend payments. In TT Electronics's case, that would currently equate to about 0.07p per share.
TT Electronics's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 23 April 2020 (the "ex-dividend date").
TT Electronics's shares were split on a 3:2 basis on 28 October 1994. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your TT Electronics shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for TT Electronics shares which in turn could have impacted TT Electronics's share price.
Over the last 12 months, TT Electronics's shares have ranged in value from as little as 131.8059p up to 275p. 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 (LSE average) beta is 1, while TT Electronics's is 0.6868. This would suggest that TT Electronics's shares are less volatile than average (for this exchange).
TT Electronics plc provides engineered electronics for performance critical applications in the industrial, medical, aerospace and defense, and transportation markets worldwide. The company operates in three divisions: Sensors and Specialist Components, Power and Connectivity, and Global Manufacturing Solutions. The Sensors and Specialist Components division works with customers to develop standard and customized solutions, including sensors and power management devices. Its solutions enhance the precision, speed, and reliability of critical aspects of its customers' applications. The Power and Connectivity division designs and manufactures power application products and connectivity devices, which enable the capture and wireless transfer of data. It collaborates with customers to develop innovative solutions to optimize their electronic systems. The Global Manufacturing Solutions division provides manufacturing services and engineering solutions for its product divisions and to customers that require a lower volume and higher mix of different products. It manufactures integrated product assemblies, as well as provides designing testing solutions and value-engineering services. The company offers its products and services under the AB Connectors, Aero Stanrew, BI Technologies, IRC, OPTEK Technology, Semelab, Welwyn, and Roxspur Measurement & Control brands. The company was formerly known as TT Group plc and changed its name to TT Electronics plc in 2000. TT Electronics plc was incorporated in 1906 and is headquartered in Woking, the United Kingdom.
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