TTM Technologies Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth and ...
TTMI Stock | USD 24.14 0.09 0.37% |
Under 51% of TTM Technologies' traders are presently thinking to get in. 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 |
Net Sales 616.5 million in Q3 2024, up from 572.6 million in Q3 2023.GAAP Operating Income 51 million in Q3 2024, compared to a loss of 10.2 million in Q
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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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
TTM Technologies is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
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
OSIS | OSI Systems | 2.35 | ||||
MEI | Methode Electronics | 1.77 | ||||
RELL | Richardson Electronics | 1.20 | ||||
SANM | Sanmina | 0.43 | ||||
BELFA | Bel Fuse | 0.03 | ||||
CTS | CTS | 0.24 | ||||
BHE | Benchmark Electronics | 0.48 | ||||
BELFB | Bel Fuse | 0.94 | ||||
PLXS | Plexus Corp | 1.34 | ||||
LYTS | LSI Industries | 1.51 | ||||
CLS | Celestica | 4.05 |
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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