Let’s look at the key reasons that are pushing TTM Technologies Inc (TTMI) to new highs

On Monday, TTM Technologies Inc (NASDAQ: TTMI) was 3.57% up from the session before settling in for the closing price of $25.74. A 52-week range for TTMI has been $13.43 – $28.00.

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Technology Sector giant saw their annual sales slid by -3.83% over the last five years. When this article was written, the company’s average yearly earnings per share was at 19.55%. With a float of $98.95 million, this company’s outstanding shares have now reached $101.97 million.

The firm has a total of 15800 workers. Let’s measure their productivity. In terms of profitability, gross margin is 18.28%, operating margin of 6.37%, and the pretax margin is 3.71%.

TTM Technologies Inc (TTMI) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward TTM Technologies Inc stocks. The insider ownership of TTM Technologies Inc is 2.96%, while institutional ownership is 99.28%. The most recent insider transaction that took place on Dec 05 ’24, was worth 149,625. In this transaction EVP, President of this company sold 5,985 shares at a rate of $25.00, taking the stock ownership to the 179,493 shares. Before that another transaction happened on Dec 05 ’24, when Company’s Officer proposed sale 5,985 for $25.00, making the entire transaction worth $149,625.

TTM Technologies Inc (TTMI) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 19.55% per share during the next fiscal year.

TTM Technologies Inc (NASDAQ: TTMI) Trading Performance Indicators

You can see what TTM Technologies Inc (TTMI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.16. Likewise, its price to free cash flow for the trailing twelve months is 121.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.66, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 1.96 in one year’s time.

Technical Analysis of TTM Technologies Inc (TTMI)

Analysing the last 5-days average volume posted by the [TTM Technologies Inc, TTMI], we can find that recorded value of 0.7 million was lower than the volume posted last year of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 50.21%. Additionally, its Average True Range was 0.89.

During the past 100 days, TTM Technologies Inc’s (TTMI) raw stochastic average was set at 88.09%, which indicates a significant increase from 68.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.17% in the past 14 days, which was lower than the 43.36% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $22.51, while its 200-day Moving Average is $18.95. Now, the first resistance to watch is $27.14. This is followed by the second major resistance level at $27.63. The third major resistance level sits at $28.44. If the price goes on to break the first support level at $25.85, it is likely to go to the next support level at $25.04. Now, if the price goes above the second support level, the third support stands at $24.55.

TTM Technologies Inc (NASDAQ: TTMI) Key Stats

There are 101,969K outstanding shares of the company, which has a market capitalization of 2.75 billion. As of now, sales total 2,233 M while income totals -18,720 K. Its latest quarter income was 616,540 K while its last quarter net income were 14,310 K.