Workflow
Printed circuit board
icon
Search documents
TTM (TTMI) Surges 5.4%: Is This an Indication of Further Gains?
ZACKSยท 2025-07-22 18:31
Company Overview - TTM Technologies (TTMI) shares increased by 5.4% to $47.47 in the last trading session, with a notable trading volume and a 22.7% gain over the past four weeks [1] - The company is experiencing strong demand in aerospace and defense, data center computing, and networking markets, alongside investments in advanced manufacturing facilities in Penang and Syracuse [1] Earnings Expectations - TTM is projected to report quarterly earnings of $0.52 per share, reflecting 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] Stock Performance and Trends - The consensus EPS estimate for TTM has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - TTM currently holds a Zacks Rank of 2 (Buy), suggesting positive market sentiment [3] Industry Comparison - TTM is part of the Zacks Electronics - Miscellaneous Components industry, where Rogers Corp. (ROG) has a consensus EPS estimate of $0.5, representing a year-over-year decline of 27.5% [4] - Rogers Corp. holds a Zacks Rank of 3 (Hold), indicating a less favorable outlook compared to TTM [4]