TTM (TTMI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Does TTM Technologies (TTMI) have what it takes to be a top stock pick for momentum investors? Let's find out.
Does TTM Technologies (TTMI) have what it takes to be a top stock pick for momentum investors? Let's find out.
TTM (TTMI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
TTMI's broad customer base, AI-fueled demand and record defense backlog make it a standout in the high-tech manufacturing landscape.
TTM Technologies, Inc. (TTMI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, TTMI's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
TTM (TTMI) possesses solid growth attributes, which could help it handily outperform the market.
Does TTM Technologies (TTMI) have what it takes to be a top stock pick for momentum investors? Let's find out.
The average of price targets set by Wall Street analysts indicates a potential upside of 39.3% in TTM (TTMI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
TTM Technologies, Inc.'s Q1 earnings were strong, with revenue up 14% YoY and non-GAAP EPS at $0.50, driven by defense and AI infrastructure demand. The company is well-positioned in defense, particularly with radar tech, but TTMI faces risks like underused assets and weak cash flow. Global expansion efforts in Malaysia and New York show promise, but automotive segment struggles and cash flow volatility are concerns.
TTM Technologies, Inc. (NASDAQ:TTMI ) Q1 2025 Earnings Conference Call April 30, 2025 4:30 PM ET Company Participants Sameer Desai - VP, Corporate Development & Investor Relations Tom Edman - CEO Daniel Boehle - CFO Conference Call Participants William Stein - Truist Securities Jim Ricchiuti - Needham & Co. Ruben Roy - Stifel Mike Crawford - B. Riley Securities Operator Good afternoon.