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TTM Technologies, Inc. (TTMI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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11.31-0.14 (-1.27%)
As of 12:21PM EDT. Market open.
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  • Y
    Yahoo Finance Insights
    TTM is down 5.46% to 11.25
  • S
    Ssssschtoppp
    Due to the incompetency of the new COO, you will see extra roles added to actually manage the operations in each region. Starting with the West where you have the most profitable units. Shame on TTM, the investors deserve better.
  • C
    Clancy
    who is the buyer? price action indicates buy out
  • C
    Clancy
    Will NNDM 3D circuit board printing put TTMI out of business? 10 layers circuit board was printed and soldered components on both sides.
  • V
    Val
    The analysis of the company Zacks placed here on the page of Yahoo for the TTMII is a bad analysis . Where is a comparison of financial indicators, current prices, performance among the peers of TTMI: PLUS, MTSC, HOLI, MEI, BHE and TTMI and also authentic forecast? My advice for the company Zacks is to hire really competent analysts!
  • P
    Price
    this was trading at 7-8 range five years ago and it is now 11.70. That is what I call mgmt. creating shareholder value. This is during a time when the markets have skyrocketed and many stocks doubling in price. And do we get a piece of the pie via dividends - nope. I sometimes wonder why some companies even exist. So upper mgmt. can get a big paycheck.
  • C
    Clancy
    not good AH dropped. I will average down.
  • N
    Nitro
    TTMI’s shares are now trading at -49% lower than its intrinsic level of $32.2, at a price tag of $16.32, based on my discounted cash flow model. The mismatch signals a potential chance to invest in TTMI at a discounted price. In addition to this, TTMI’s PE ratio is around 22.6x relative to its electronic peer level of 23.3x, suggesting that relative to other stocks in the industry, we can buy TTMI’s stock at a cheaper price today. TTMI is also in great financial shape, with short-term assets covering liabilities in the near future as well as in the long run.
  • P
    Price
    How low does it go. If it drops another buck or two maybe they can just liquidate and distribute the proceeds to shareholders. Or maybe get someone in there that can generate some shareholder value. Indexes are at all time highs and this is selling at way below book value.
  • C
    Clancy
    Broke through $10 upward trend started Jun 26.
  • C
    Clancy
    Well today with the market melt down I took another opportunity to add at 10.95. Good company to own and hold long term.
  • C
    Clancy
    bought some at 11.50 ,I retired from one of their subsidiaries few years ago. they always come back to top. need to cut some of their perk and bonuses to show profits and they will.
  • P
    Price
    TTM should cut costs by leaving So Cal. And they should start paying a dividend of about .20 per share. That would take the volatility out of this stock for long term holders. Mgmt are you listening.
  • N
    Nitro
    well ... two mysteries... why announce earnings and profits after the market is closed? what caused the price to drop [outside of the obvious market sell off]. this stock was already down due to the sell off and then appears to go further down after posting good results. I will wait this out and maybe get back in after it finishes the movement?
  • N
    Nitro
    quiet board.. anyone watching this.. I bought in a few weeks ago. thinking of buying more but not sure when..
  • Z
    Zy
    sell
  • P
    P
    Negative downside guidance. Stock will make newer lows.
  • V
    Val
    Is the stock TTMI undervalued? Investors can use the measurement to consider whether a stock is undervalued or overvalued. For instance, a stock with a market-cap-to-revenue ratio of less than 1.00 shows signs of being undervalued, because its market cap does not match the strength of its revenues. Some investors may consider that a sign the stock is a candidate for growth in the share price. But the price-to-sales ratio does not account for the debt on a company's balance sheet. A firm with no debt and a low P/S metric is a more attractive investment than a firm with high debt and the same P/S. At some point, the debt will need to be paid off, and the debt has an interest expense associated with it. The price-to-sales ratio as a valuation method doesn't consider that companies with high debt levels will ultimately need higher sales to service the debt. Therefore, I will use ratio enterprise value/sales instead ratio market capitalization/sales. By adding the company's long-term debt to the company's market capitalization and subtracting any cash, one arrives at the company's enterprise value:EV = Shares Outstanding x Current Share Price + Current Long-term Debt – Current Cash$Cash Equivalent. Considering that in April 2018 TTM Technologies acquired the company Anaren for $775M and increased long-term debt to $1596M in the second quarter 2018, I will use financial data of this company for the past 5 quarters: Q1 2019, Q4 2018, Q3 2018, Q2 2018 and Q1 2018. Revenue over the past 12 months were equal to $2.804B in Q1 2019; $2.847B in Q4 2018; $2.8756B in Q3 2018; $2.7866B in Q2 2018 and $2.697B in Q1 2018. Enterprise value EV was equal to $2.506B on 4/1/2019 (at the end of Q1 2019); $2.5204B on 12/31/2018; $3.493B on 10/1/2018; $3.807B on 7/2/2018 and $2.697B on 4/2/2018. This implies the ratio EV/Sales was equal to 0.894 on 4/1/2019 with the current price = $12.26; 0.885 on 12/31/2018 with the current price = $9.73; 1.215 on 10/1/2018 with the current price = $15.77; 1.366 on 7/2/2018 with the current price = $17.89 and 0.83 on 4/2/2018 with the current price = $14.91. Let’s calculate the ratio EV/Sales for TTMI now to take account of the revenue estimates for Q2 2019 = $624.6M; the average quarterly cash&cash equivalent = $226M; the average quarterly interest expense = $22M; shares outstanding = 105.5M and the current price = $9.65: EV/Sales = (105.5M * $9.65 + $1466M - $22M - $226M)/$2711.6M = 0.825, i.e. the stock TTMI is undervalued now. Notice that the ratio EV/Sales would be equal to 1.00 now if the current price was equal to $14.0
  • S
    Ssssschtoppp
    Horrible company to buy from and/or work for. Acquisitions were far too expensive and their factories are a mixed bag, a few good, a few average, and a few that should have been shut-down a decade ago. Worst customer service in the industry and most lack-luster management team. They used to be good, but now are more of a nuisance to the industry and all stakeholders than anything else. Sad story continuing to unfold.