3 Reasons Growth Investors Will Love TTM (TTMI)

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with TTM Technologies (TTMI) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [2][10]. Group 1: Earnings Growth - TTM Technologies has a historical EPS growth rate of 12.6%, but projected EPS growth for the current year is expected to be 35.5%, significantly higher than the industry average of 15.9% [5]. Group 2: Asset Utilization - The asset utilization ratio for TTM is 0.76, indicating that the company generates $0.76 in sales for every dollar in assets, which is above the industry average of 0.74, showcasing better efficiency in asset utilization [6]. Group 3: Sales Growth - TTM's sales are projected to grow by 15.4% this year, contrasting sharply with the industry average of 0%, indicating strong sales growth potential [7]. Group 4: Earnings Estimate Revisions - The current-year earnings estimates for TTM have been revised upward, with the Zacks Consensus Estimate increasing by 5% over the past month, suggesting positive momentum in earnings expectations [9]. Group 5: Overall Positioning - TTM has achieved a Zacks Rank of 2 (Buy) and a Growth Score of B, positioning it well for potential outperformance in the growth stock category [10][11].