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.
Many analysts weighed in on price targets for TTMI. The highest price target was 22, implying potential capital gains of 16.22 percent. The most pessimistic analyst gave a price target of 18.5, implying a possible loss 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of TTMI to grow at a rate of 89.18 percent. People on Wall Street often look at a company's 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, but many choose to perform ratio comparisons with other companies in the industry. TTMI has a PEG ratio of 0.32.
TTMI has a 52-week high of 19.54 and a 52-week low of 9.10. Today's price is 108.02 percent above the 52-week low, and below the high by 3.12 percent. 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.