TTMI

Analyst Ratings Overview: In the last three months, TTM Technologies received ratings from four analysts, showing a mix of bullish sentiments with an average price target increase to $32.25, reflecting positive market expectations despite varying opinions on the stock's performance.

Financial Performance Insights: TTM Technologies demonstrated a revenue growth rate of 14.4% and a net margin of 0.79%, although it faces challenges with lower return metrics (ROE of 0.33% and ROA of 0.15%) and a higher debt-to-equity ratio of 0.65 compared to industry averages.

Stock Performance Overview: TTMI's stock has a 52-week low of $13.43 and a high of $30.41, with the last trade recorded at $21.17.

Market Insights: The article mentions that other stocks have recently fallen below their 200-day moving average, indicating potential market trends.

Leadership Change at TTM Technologies: James P. Walsh will become the Chief Operating Officer of TTM Technologies on July 1, succeeding Philip Titterton, who will move to an advisory role.

Experience of New COO: Walsh, currently Senior Vice President of Operations for North America & Global, has over 25 years of experience in the industry.

Leadership Transition at TTM Technologies: TTM Technologies announced that James P. Walsh will become the new Chief Operating Officer on July 1, 2025, succeeding Philip Titterton, who will transition to an advisory role after 33 years of service.

Jim Walsh's Background: Jim Walsh brings over 25 years of operations management experience and has held various leadership roles within TTM since joining in 2019, holding degrees from Santa Clara University, Stanford University, and UCLA.

Analyst Ratings Overview: TTM Technologies has received a range of analyst ratings over the past three months, with a recent shift towards bullish sentiment and an average 12-month price target increase to $31.5, reflecting a positive outlook on the company's performance.

Financial Performance Insights: The company shows strong financial metrics, including a revenue growth rate of approximately 7.68%, a net margin of 2.32%, and a return on equity (ROE) of 0.93%, although it carries a relatively high debt-to-equity ratio of 0.66.

Stock Market Performance: The S&P 500 and Nasdaq closed higher due to positive earnings from companies like Tapestry and YUM! Brands, while the Dow Jones fell slightly. Mixed economic data showed a rise in jobless claims but productivity met expectations.

Interest Rates and Economic Outlook: Hawkish comments from Fed officials weighed on stocks and bonds, with expectations for potential rate cuts amid fiscal policy uncertainty. The Bank of England cut rates while forecasting rising inflation, and European bond yields increased following mixed economic indicators.

Market Performance: Major U.S. stock indexes are experiencing modest gains, driven by positive earnings reports from companies like Tapestry and YUM! Brands, while some stocks like Qualcomm and Ford face declines due to concerns about future demand and profitability.

Economic Indicators: Mixed economic news includes a rise in weekly jobless claims indicating a weaker labor market, but productivity growth met expectations; Treasury Secretary comments suggest efforts to lower interest rates may support stock performance.

U.S. Stock Performance: U.S. stocks showed mixed results, with the Nasdaq Composite up by 0.2%, while several companies like Philip Morris International and American Superconductor Corporation saw significant gains after reporting better-than-expected financial results.

Notable Stock Gains: Companies such as Altus Power, TTM Technologies, and Peloton Interactive also experienced substantial increases in their stock prices following positive earnings reports or acquisition announcements.

Market Performance: The S&P 500 is up +0.08% while the Dow Jones is down -0.26%. Positive earnings from companies like Tapestry and YUM! Brands boosted stocks, but Qualcomm and Ford faced declines due to concerns over demand and profit warnings.

Economic Indicators: Weekly jobless claims rose more than expected, indicating a weaker labor market, while Q4 productivity met expectations. The markets are anticipating the upcoming US payroll report, with predictions of stable unemployment and slight easing in average hourly earnings growth.

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Earnings Report: TTM Technologies reported a decrease in fourth-quarter earnings to $5.17 million ($0.05 per share) from $17.34 million ($0.17 per share) last year, but exceeded analysts' expectations of $0.47 per share when adjusted for special items.

Revenue Growth: The company's revenue increased by 14.4% to $650.965 million compared to $569.039 million in the previous year.

TTM Technologies Inc Lobbying Disclosure: TTM Technologies disclosed $120,000 in lobbying efforts for Q4 2024, focusing on various defense-related legislation including the National Defense Authorization Act and issues concerning printed circuit boards.

Insider Trading Activity: In the past six months, TTM insiders have sold stock 14 times without any purchases, while institutional investors have shown mixed activity with 122 adding shares and 95 reducing their positions.

Upcoming Investor Conferences: TTM Technologies, Inc. will participate in several investor conferences, including the Needham Growth Conference on January 14th, the Citi Global Industrial Tech and Mobility Conference on February 20th, and the J.P. Morgan Global Leveraged Finance Conference on February 25th.

Company Overview: TTM Technologies is a prominent global manufacturer specializing in technology solutions such as RF components and advanced printed circuit boards, emphasizing quick time-to-market for product development.

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Industry Overview: The Zacks Electronics - Miscellaneous Components industry is experiencing growth due to increased automation, AI adoption, and easing supply-chain constraints, although it faces challenges from global economic conditions and geopolitical tensions.

Stock Performance: Companies like American Superconductor, TTM Technologies, and OSI Systems are highlighted for their strong market positions and stock performance, with significant year-to-date returns and positive earnings estimates.

TTM Technologies at International Electronics Circuit Exhibition: TTM Technologies will exhibit at the 2024 International Electronics Circuit Exhibition in Shenzhen, China, showcasing innovative engineering solutions and hosting technical seminars on advanced PCB technologies.

Engagement with Customers: TTM aims to connect with customers and partners during the event to discuss market trends and collaboration opportunities in the evolving electronics landscape.

Analyst Ratings: William Stein from Truist Financial maintains a Buy rating on TTM Technologies (TTMI) with a price target of $25.00, while the overall analyst consensus suggests a Strong Buy with an average price target of $26.50.

Insider Activity: Recent corporate insider sentiment is negative, with an increase in insiders selling shares, including a notable sale by EVP Daniel Weber of 13,000 shares for $247,000 in August 2024.

Upcoming Investor Conferences: TTM Technologies, Inc. will participate in several investor conferences, including the Stifel Midwest 1x1 Conference on November 7, BofA Securities Leveraged Finance Conference on December 3, and UBS Global Industrials & Transportation Conference on December 4.

Company Overview: TTM Technologies is a leading global manufacturer specializing in technology solutions such as RF components and advanced printed circuit boards, focusing on reducing time-to-market for customers' new products.

Stock Market Overview: U.S. stocks declined with the Dow Jones dropping around 200 points, while several companies like Roblox and Root saw significant gains after reporting better-than-expected financial results.

Notable Stock Performances: Companies such as Roblox, Root, and Lemonade experienced substantial stock price increases, reflecting strong quarterly earnings and positive future guidance, contributing to a generally mixed market performance.

Earnings Call Overview: TTM Technologies held its Q3 2024 earnings conference call on October 30, 2024, where executives discussed the company's financial performance and future outlook, emphasizing the importance of forward-looking statements and potential risks involved.

Financial Disclosures: The call included a reminder about the use of non-GAAP financial measures like adjusted EBITDA, with references to reconciliations available in the company's earnings release on their Investor Relations website.