why TTM Technologies Inc [TTMI] is a Good Choice for Investors After New Price Target of $52.00

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TTM Technologies Inc [NASDAQ: TTMI] jumped around 0.21 points on Wednesday, while shares priced at $48.73 at the close of the session, up 0.43%.

Compared to the average trading volume of 1.67M shares, TTMI reached a trading volume of 5117933 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about TTM Technologies Inc [TTMI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TTMI shares is $52.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TTMI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Stifel have made an estimate for TTM Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 11, 2025. While these analysts kept the previous recommendation, Stifel raised their target price from $15 to $19. The new note on the price target was released on May 02, 2024, representing the official price target for TTM Technologies Inc stock. Previously, the target price had yet another raise from $16 to $16.50, while Truist kept a Buy rating on TTMI stock.

The Price to Book ratio for the last quarter was 3.12, with the Price to Cash per share for the same quarter was set at 4.05.

How has TTMI stock performed recently?

TTM Technologies Inc [TTMI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.90. With this latest performance, TTMI shares gained by 19.38% in over the last four-week period, additionally plugging by 101.53% over the last 6 months – not to mention a rise of 96.89% in the past year of trading.

TTM Technologies Inc [TTMI]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and TTM Technologies Inc [TTMI] shares currently have an operating margin of 7.59% and a Gross Margin at 18.85%. TTM Technologies Inc’s Net Margin is presently recorded at 3.09%.

TTM Technologies Inc (TTMI) Capital Structure & Debt Analysis

According to recent financial data for TTM Technologies Inc. ( TTMI), the Return on Equity (ROE) stands at 5.02%, suggesting modest shareholder returns. The Return on Assets (ROA) is 2.31%, reflecting the company’s efficiency in generating profits from its assets. Additionally, TTM Technologies Inc’s Return on Invested Capital (ROIC) is 3.01%, showcasing its effectiveness in deploying capital for earnings.

TTM Technologies Inc (TTMI) Efficiency & Liquidity Metrics

Based on TTM Technologies Inc’s (TTMI) latest financial statements, the Debt-to-Equity Ratio is 0.64%, indicating its reliance on debt financing relative to shareholder equity.

TTM Technologies Inc (TTMI) Efficiency & Liquidity Metrics

From an operational efficiency perspective, TTM Technologies Inc. (TTMI) effectively leverages its workforce, generating an average of $4756.71 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.07% and a Quick Ratio of 1.75%, indicating strong ability to cover short-term liabilities.

Earnings analysis for TTM Technologies Inc [TTMI]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TTMI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for TTM Technologies Inc go to 15.58%.

Insider trade positions for TTM Technologies Inc [TTMI]

There are presently around $104.05%, or 106.17% of TTMI stock, in the hands of institutional investors. The top three institutional holders of TTMI stocks are: BLACKROCK INC. with ownership of 18.1 million shares, which is approximately 17.8776%. VANGUARD GROUP INC, holding 13.52 million shares of the stock with an approximate value of $$262.6 million in TTMI stocks shares; and VANGUARD GROUP INC, currently with $$158.7 million in TTMI stock with ownership which is approximately 8.0684%.

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