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3 Reasons Why Growth Investors Shouldn't Overlook TTM (TTMI)
ZACKS· 2025-11-19 18:46
Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, particularly in the financial sector, to achieve exceptional returns, although identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - TTM Technologies (TTMI) is currently highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth being particularly attractive as it indicates strong future prospects [4] - TTM has a historical EPS growth rate of 14.5%, but projected EPS growth for this year is expected to be 42.5%, significantly surpassing the industry average of 25% [5] Group 3: Asset Utilization - The asset utilization ratio, or sales-to-total-assets (S/TA) ratio, is an important metric for assessing a growth stock's efficiency in generating sales [6] - TTM's S/TA ratio stands at 0.78, indicating that the company generates $0.78 in sales for every dollar in assets, which is higher than the industry average of 0.72 [6] Group 4: Sales Growth - Sales growth is another vital aspect, with TTM expected to achieve an 18.1% sales growth this year, contrasting sharply with the industry average of 0% [7] Group 5: Earnings Estimate Revisions - Trends in earnings estimate revisions are crucial, as positive revisions correlate strongly with stock price movements [8] - TTM's current-year earnings estimates have been revised upward, with the Zacks Consensus Estimate increasing by 5.6% over the past month [8] Group 6: Overall Positioning - TTM has earned a Growth Score of A and holds a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance in the growth stock category [10]
Is TTM (TTMI) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2025-11-04 04:59
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates involves navigating inherent risks and volatility [1] Group 1: Company Overview - TTM Technologies (TTMI) is currently highlighted as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 14.5%, with projected EPS growth of 37.2% this year, significantly surpassing the industry average of 21.2% [4] Group 2: Financial Metrics - TTM's asset utilization ratio stands at 0.78, indicating that the company generates $0.78 in sales for every dollar in assets, which is higher than the industry average of 0.74 [5] - The company's sales are expected to grow by 18.1% this year, compared to an industry average of 0% [6] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for TTM, with the Zacks Consensus Estimate for the current year increasing by 1.5% over the past month [8] - TTM has achieved a Growth Score of B and a Zacks Rank 2, indicating its potential as a strong choice for growth investors [10]
TTM Technologies (TTMI) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-30 23:10
Core Insights - TTM Technologies reported quarterly earnings of $0.50 per share, exceeding the Zacks Consensus Estimate of $0.39 per share, and showing an increase from $0.31 per share a year ago, resulting in an earnings surprise of 28.21% [1] - The company achieved revenues of $648.67 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.30% and up from $570.11 million year-over-year [2] - TTM has outperformed consensus EPS estimates three times over the last four quarters and has topped revenue estimates four times in the same period [2] Earnings Outlook - The future performance of TTM's stock will largely depend on management's commentary during the earnings call and the sustainability of the stock's immediate price movement based on the recently released numbers [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.49 on revenues of $644.39 million, and for the current fiscal year, it is $2.03 on revenues of $2.59 billion [7] Industry Context - The Electronics - Miscellaneous Components industry, to which TTM belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]