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.
Several price targets were given for TTMI by the analysts covering the stock. The most optimistic price target was 22, implying a possible profit of 16.22 percent. The lowest price target was 18.5, implying a possible loss 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. The average change in earnings estimates over the last 90 days is 3.03 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.74 percent.
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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of TTMI's earnings is estimated by analysts to be 89.18 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TTMI is 0.32.
TTMI has traded between a high of 19.54 and a low of 9.10 over the past year. The current market price is above the trailing year's low by 108.02 percent, 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.