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 maximum price target given was 22, which equates to a potential upside of 16.22 percent. The most pessimistic analyst gave a price target of 18.5, which equates to a potential downside of -2.27 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 3.03 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.74 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
TTMI has an estimated earnings growth rate of 89.18 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of TTMI is 0.32.
TTMI has a 52-week high of 19.54 and a 52-week low of 9.10. Currently the stock is 108.02 percent higher than its low, and below the high by 3.12 percent. TTMI has a price/earnings 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 stock has a market capitalization of $1.97 billion. TTMI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.