TTM Technologies Beats Q1 Earnings and Revenue Estimates

TTMI Stock  USD 24.38  0.24  0.99%   
Under 61% of all TTM Technologies' traders are looking to take a long position. The analysis of overall sentiment of trading TTM Technologies stock suggests that some investors are interested at this time. TTM Technologies' investing sentiment shows overall attitude of investors towards TTM Technologies.
  
TTM delivered earnings and revenue surprises of 14.81 percent and 3.09, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock

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TTM Technologies Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards TTM Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

TTM Technologies Fundamental Analysis

We analyze TTM Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TTM Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TTM Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Total Debt

Total Debt Comparative Analysis

TTM Technologies is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

TTM Technologies Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TTM Technologies stock to make a market-neutral strategy. Peer analysis of TTM Technologies could also be used in its relative valuation, which is a method of valuing TTM Technologies by comparing valuation metrics with similar companies.

Peers

TTM Technologies Related Equities

CLSCelestica   2.50   
0%
100.0%
MEIMethode Electronics   1.77   
0%
70.0%
OSISOSI Systems   1.66   
0%
66.0%
BELFBBel Fuse   1.56   
0%
62.0%
PLXSPlexus Corp   1.28   
0%
51.0%
CTSCTS   1.07   
0%
42.0%
SANMSanmina   0.94   
0%
37.0%
BHEBenchmark Electronics   0.92   
0%
36.0%
LYTSLSI Industries   0.79   
0%
31.0%
BELFABel Fuse   0.79   
0%
31.0%
RELLRichardson Electronics   1.47   
58.0%
0%

Complementary Tools for TTM Stock analysis

When running TTM Technologies' price analysis, check to measure TTM Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TTM Technologies is operating at the current time. Most of TTM Technologies' value examination focuses on studying past and present price action to predict the probability of TTM Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTM Technologies' price. Additionally, you may evaluate how the addition of TTM Technologies to your portfolios can decrease your overall portfolio volatility.
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