With 1.19 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.75 million shares. The 52-week range on TTMI shows that it touched its highest point at $30.41 and its lowest point at $15.77 during that stretch. It currently has a 1-year price target of $35.00. Beta for the stock currently stands at 1.21.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TTMI was up-trending over the past week, with a rise of 29.52%, but this was up by 44.30% over a month. Three-month performance surged to 4.64% while six-month performance rose 17.38%. The stock gained 49.80% in the past year, while it has gained 4.77% so far this year. A look at the trailing 12-month EPS for TTMI yields 0.75 with Next year EPS estimates of 2.35. For the next quarter, that number is 0.52. This implies an EPS growth rate of 25.29% for this year and 9.80% for next year.
Float and Shares Shorts:
At present, 101.62 million TTMI shares are outstanding with a float of 98.60 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TTMI since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.62361 being high and $1.57841 being low. For TTMI, this leads to a yearly average estimate of $1.5884.
