TTM (TTMI) Soars 7.5%: Is Further Upside Left in the Stock?

Company Overview - TTM Technologies (TTMI) shares increased by 7.5% to close at $35.70, with a notable trading volume indicating strong investor interest [1] - The stock has gained 23.7% over the past four weeks, reflecting positive market sentiment [1] Financial Performance - TTM Technologies is projected to report quarterly earnings of $0.52 per share, representing a year-over-year increase of 33.3% [2] - Expected revenues for the upcoming quarter are $667.99 million, which is a 10.4% increase compared to the same quarter last year [2] Market Trends - The company is experiencing strong demand in aerospace and defense, data center computing driven by generative AI, and networking markets [1] - The consensus EPS estimate for TTM has remained unchanged over the last 30 days, indicating stability in earnings expectations [3] Industry Context - TTM Technologies is part of the Zacks Electronics - Miscellaneous Components industry, which includes other companies like TE Connectivity (TEL) [3] - TE Connectivity's consensus EPS estimate has changed by -0.1% to $2.07, reflecting an 8.4% increase from the previous year [4]