TTM Technologies I (NASDAQ:TTMI) shares traded -3.51% down during most recent session to reach at the closing price of $11. The stock exchanged hands 1.42 Million shares versus average trading capacity of 1.01 Million shares, yielding a market cap of $1.16 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $15 within the next 52-weeks. The mean target projections are based on 3 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have TTM Technologies I (NASDAQ:TTMI) high price target of $16 and with a conservative view have low price target of $14.
“Initiates Coverage On” TTM Technologies I (NASDAQ:TTMI) in a research note issued to investors on 6/14/18 to Hold with price target of $19.
Additionally on 5/25/18 “Maintained” TTM Technologies I (NASDAQ:TTMI) to Buy setting price target at $20 and on 2/08/18 “Maintained” the stock to Buy at $18. Furthermore on 12/14/17 “Initiates Coverage On” the stock to Buy at $20.
On the other hand the company has Relative Strength Index (RSI 14) of 28.38 along with Average True Range (ATR 14) of 0.45, Consequently TTM Technologies I (NASDAQ:TTMI)’s weekly and monthly volatility is 3.70%, 3.52% respectively. The company’s beta value is at 2.34.
In terms of Buy, Sell or Hold recommendations, TTM Technologies I (NASDAQ:TTMI) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts TTM Technologies I (NASDAQ:TTMI)’s minimum EPS for the current quarter is at $0.17 and can go high up to $0.19. The consensus mean EPS for the current quarter is at $0.18 derived from a total of 6 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.48 earnings per share for the same quarter during last year.
Previously TTM Technologies I (NASDAQ:TTMI) reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $-0.01. The company posted an earnings surprise of -5.9%.
TTM Technologies I (NASDAQ:TTMI)’s revenue estimates for the current quarter are $626.71 Million according to 6 number of analysts, for the current quarter the company has high revenue estimates of $630.25 Million in contradiction of low revenue estimates of $620 Million. For the current year the company’s revenue estimates are $2.69 Billion compared to low analyst estimates of $2.67 Billion and high estimates of $2.72 Billion according to 6 number of analysts.
Currently TTM Technologies I (NASDAQ:TTMI)’s shares owned by insiders are 1.3%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -3.65%, as well as three-month change in the institutional ownership was recorded -0.33%.
TTM Technologies I (NASDAQ:TTMI)’s trailing twelve month revenues are $2.85 Billion, whereas its price to sales ratio for the same period is 0.41. Its book value per share for the most recent quarter is $11.84 while its price to book ratio for the same period is 0.93, as for as the company’s cash per share for the most recent quarter is $2.43, however its price to cash per share ratio for the same period is 4.53. The stock has 5 year expected PEG ratio of 0.88 whereas its trailing twelve month P/E ratio is 8.2.