TTM Technologies Stock Today

TTMI
 Stock
  

USD 15.31  0.38  2.42%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
TTM Technologies is trading at 15.31 as of the 29th of November 2022. This is a -2.42 percent decrease since the beginning of the trading day. The stock's open price was 15.69. TTM Technologies has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for TTM Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of January 2021 and ending today, the 29th of November 2022. Click here to learn more.
CUSIP
87305R109
Fiscal Year End
December
Business Domain
Technology Hardware & Equipment
IPO Date
21st of September 2000
Category
Technology
Classification
Information Technology
TTM Technologies, Inc., together with its subsidiaries, engages in the manufacture and sale of printed circuit boards worldwide. TTM Technologies, Inc. was incorporated in 1978 and is headquartered in Santa Ana, California. TTM Technologies operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. The company has 104.36 M outstanding shares of which 2.26 M shares are at this time shorted by private and institutional investors with about 4.1 trading days to cover. More on TTM Technologies
Follow Valuation Options Odds of Bankruptcy
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TTM Technologies Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TTM Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TTM Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
TTM Technologies has very high historical volatility over the last 90 days
Over 98.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: TTM Technologies, Inc. Stock Is Going Strong But Fundamentals Look Uncertain What Lies Ahead - Simply Wall St
CEOThomas Edman
Thematic Ideas
(view all).
Average Analyst Recommendation
Analysts covering TTM Technologies report their recommendations after researching TTM Technologies' financial statements, talking to executives and customers, or listening in on TTM Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering TTM Technologies. The TTM Technologies consensus assessment is calculated by taking the average forecast from all of the analysts covering TTM Technologies.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of TTM Technologies based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of TTM Technologies financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted127.5 M108.2 M
Fairly Up
Increasing
Stable
Weighted Average Shares110.4 M106.3 M
Sufficiently Up
Increasing
Slightly volatile
Return on Average Assets3.891.8378
Way Up
Increasing
Stable
Net Cash Flow from Operations236.7 M176.6 M
Significantly Up
Decreasing
Slightly volatile
Current Liabilities648.1 M558.1 M
Fairly Up
Increasing
Very volatile
Total LiabilitiesB1.6 B
Significantly Up
Increasing
Slightly volatile
Gross Margin17.1516.5431
Sufficiently Up
Decreasing
Stable
Total Debt428 M501.8 M
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.880.7472
Fairly Up
Decreasing
Slightly volatile
Current Assets1.4 B1.4 B
Fairly Down
Increasing
Slightly volatile
Total Assets3.4 BB
Moderately Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of TTM Technologies' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
TTM Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TTM Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TTM Technologies' financial leverage. It provides some insight into what part of TTM Technologies' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on TTM Technologies' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how TTM Technologies deploys its capital and how much of that capital is borrowed.
Liquidity
TTM Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 966.71 M in liabilities with Debt to Equity (D/E) ratio of 0.66, which is about average as compared to similar companies. TTM Technologies has a current ratio of 1.87, which is within standard range for the sector. Debt can assist TTM Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, TTM Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TTM Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TTM Technologies to invest in growth at high rates of return. When we think about TTM Technologies' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

236.72 Million
TTM Technologies (TTMI) is traded on NASDAQ Exchange in USA and employs 16,100 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.64 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TTM Technologies's market, we take the total number of its shares issued and multiply it by TTM Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. TTM Technologies conducts business under Technology sector and is part of Electronic Components industry. The entity has 104.36 M outstanding shares of which 2.26 M shares are at this time shorted by private and institutional investors with about 4.1 trading days to cover. TTM Technologies currently holds about 266.55 M in cash with 193.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.61.
Check TTM Technologies Probability Of Bankruptcy
Ownership
TTM Technologies shows a total of one hundred four million three hundred sixty thousand outstanding shares. The majority of TTM Technologies outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in TTM Technologies to benefit from reduced commissions. Accordingly, institutions are subject to a different set of regulations than regular investors in TTM Technologies. Please pay attention to any change in the institutional holdings of TTM Technologies as this could imply that something significant has changed or about to change at the company. Also note that roughly five million two hundred eighteen thousand invesors are currently shorting TTM Technologies expressing very little confidence in its future performance.

Ownership Allocation (%)

Check TTM Technologies Ownership Details

TTM Technologies Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of TTM Technologies jumping above the current price in 90 days from now is about 24.2%. The TTM Technologies probability density function shows the probability of TTM Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5733. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, TTM Technologies will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. TTM Technologies is significantly underperforming DOW.
  Odds Below 15.31HorizonTargetOdds Above 15.31
75.65%90 days
 15.31 
24.20%
Based on a normal probability distribution, the odds of TTM Technologies to move above the current price in 90 days from now is about 24.2 (This TTM Technologies probability density function shows the probability of TTM Technologies Stock to fall within a particular range of prices over 90 days) .

TTM Technologies Stock Institutional Holders

Institutional Holdings refers to the ownership stake in TTM Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TTM Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TTM Technologies' value.
InstituionSecurity TypeTotal SharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares10.9 K136 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares10.9 K161 K
View TTM Technologies Diagnostics

TTM Technologies Historical Income Statement

TTM Technologies Income Statement is one of the three primary financial statements used for reporting TTM Technologies's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TTM Technologies revenue and expense. TTM Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
TTM Technologies Operating Expenses is most likely to increase significantly in the upcoming years. The last year's value of Operating Expenses was reported at 330.31 Million. The current Operating Income is estimated to increase to about 150 M, while Consolidated Income is projected to decrease to (213.7 M). View More Fundamentals

TTM Technologies Stock Against Markets

Picking the right benchmark for TTM Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TTM Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TTM Technologies is critical whether you are bullish or bearish towards TTM Technologies at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in TTM Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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TTM Technologies Corporate Directors

TTM Technologies corporate directors refer to members of a TTM Technologies board of directors. The board of directors generally takes responsibility for the TTM Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of TTM Technologies' board members must vote for the resolution. The TTM Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Dov Zakheim - Independent DirectorProfile
James Bass - Independent DirectorProfile
Sameer Desai - Senior Director, Corporate Development and Investor RelationsProfile
John Mayer - Independent DirectorProfile

Invested in TTM Technologies?

The danger of trading TTM Technologies is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TTM Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TTM Technologies. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TTM Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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Is TTM Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TTM Technologies. If investors know TTM Technologies will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TTM Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.21
Market Capitalization
1.6 B
Quarterly Revenue Growth YOY
0.21
Return On Assets
0.032
Return On Equity
0.0649
The market value of TTM Technologies is measured differently than its book value, which is the value of TTM Technologies that is recorded on the company's balance sheet. Investors also form their own opinion of TTM Technologies' value that differs from its market value or its book value, called intrinsic value, which is TTM Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TTM Technologies' market value can be influenced by many factors that don't directly affect TTM Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TTM Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine TTM Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTM Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.