Analyst Ratings for TTM Technologies Inc. (TTMI)Updated: 2017-07-28
TTM Technologies Inc. (NASDAQ:TTMI) was awarded an average rating of Buy from investment analysts following the stock. A consensus rating of Buy was previously issued for TTMI last month.
4 analysts declared TTMI a buy, 0 issued an overweight rating, 0 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
TTMI was given price targets by several analysts. The most optimistic analyst gave a price target of 22, which equates to a potential upside of 16.22 percent. The lowest price target was 18.5, implying potential capital losses of -2.27 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 3.03 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 4.74 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
TTMI has an estimated earnings growth rate of 89.18 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TTMI is 0.32.
In the trailing 52-weeks, TTMI hit 19.54 at the highest peak, while it's lowest trading point was 9.10. The current market price is above the trailing year's low by 108.02 percent, and 3.12 percent lower than its 52-week high. TTMI has a P/E ratio of 28.68. Investors typically compare the P/E ratio to a company's peers in the industry. The TTMI value stock report compares TTMI to some of its peers using value stock charts. The market cap of TTMI is $1.97 billion. TTMI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.