TTMI Stock Summary and Trading Ideas (TTM Technologies | NASDAQ:TTMI)

TTM Technologies Inc manufactures technology solutions, including mission systems, radio frequency (RF) components/RF microwave/microelectronic assemblies, quick-turn and technologically printed circuit boards (PCB). The company is based in the United States and derives roughly half of its revenue domestically. The company organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.

TTM Technologies trades on the NASDAQ stock market under the symbol TTMI.

As of January 3, 2025, TTMI stock price climbed to $24.94 with 356,850 million shares trading.

TTMI has a beta of 2.04, meaning it tends to be more sensitive to market movements. TTMI has a correlation of 0.33 to the broad based SPY ETF.

TTMI has a market cap of $2.54 billion. This is considered a Mid Cap stock.

Last quarter TTM Technologies reported $617 million in Revenue and $.41 earnings per share. This beat revenue expectation by $13 million and met earnings estimates .

In the last 3 years, TTMI traded as high as $28.00 and as low as $9.76.

The top ETF exchange traded funds that TTMI belongs to (by Net Assets): IJR, VTI, IWM, VB, VGT.

TTMI has outperformed the market in the last year with a price return of +66.2% while the SPY ETF gained +27.8%. TTMI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +38.1% and +0.5%, respectively, while the SPY returned +4.6% and +0.1%, respectively.

TTMI support price is $23.97 and resistance is $25.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TTMI shares will trade within this expected range on the day.