For its second fiscal quarter (ending June 30), TTM Technologies Inc (NASDAQ: TTMI) has reported E.P.S. of $0.26 compared to $0.07 a year ago. For the latest four quarters through June 30, E.P.S. were $0.17 versus $0.50 for the same period a year ago.
Recent Price Action
TTM Technologies Inc (NASDAQ: TTMI) stock closed at $19.38 on 7/31/24 after a large decline of -6.6%. Moreover, exceptionally high trading volume at 285% of normal accompanied the decline. The stock has declined -11.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TTMI is expected to continue to be an important Value Builder.
TTM Technologies has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. TTM Technologies has a neutral Appreciation Score of 52 but a very high Power Rating of 87, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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