1.14 is TTM Technologies Inc’s (NASDAQ:TTMI) Institutional Investor Sentiment

April 16, 2018 - By Louis Casey

Sentiment for TTM Technologies Inc (NASDAQ:TTMI)

TTM Technologies Inc (NASDAQ:TTMI) institutional sentiment increased to 1.14 in 2017 Q4. Its up 0.13, from 1.01 in 2017Q3. The ratio is more positive, as 106 investment managers increased and opened new holdings, while 93 sold and reduced their stock positions in TTM Technologies Inc. The investment managers in our partner’s database now have: 103.71 million shares, down from 104.71 million shares in 2017Q3. Also, the number of investment managers holding TTM Technologies Inc in their top 10 holdings was flat from 2 to 2 for the same number . Sold All: 21 Reduced: 72 Increased: 68 New Position: 38.

TTM Technologies, Inc., together with its subsidiaries, makes printed circuit boards worldwide. The company has market cap of $1.62 billion. It provides a range of PCBs and electro-mechanical solutions, including conventional PCBs, high density interconnect PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, and IC substrates. It has a 15.07 P/E ratio. It also produces test specialized circuits that are used in radio-frequency or microwave emission and collection applications; printed circuits with heavy copper cores, and embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores.

The stock increased 1.29% or $0.2 during the last trading session, reaching $15.7. About 215,323 shares traded. TTM Technologies, Inc. (NASDAQ:TTMI) has declined 0.77% since April 16, 2017 and is downtrending. It has underperformed by 12.32% the S&P500.

Analysts await TTM Technologies, Inc. (NASDAQ:TTMI) to report earnings on May, 2. They expect $0.13 EPS, down 60.61 % or $0.20 from last year’s $0.33 per share. TTMI’s profit will be $13.45M for 30.19 P/E if the $0.13 EPS becomes a reality. After $0.40 actual EPS reported by TTM Technologies, Inc. for the previous quarter, Wall Street now forecasts -67.50 % negative EPS growth.

Paradigm Capital Management Inc Ny holds 3.13% of its portfolio in TTM Technologies, Inc. for 2.34 million shares. Ironwood Investment Management Llc owns 231,265 shares or 2.59% of their US portfolio. Moreover, Sg Capital Management Llc has 1.78% invested in the company for 568,857 shares. The Alabama-based Mesirow Financial Investment Management has invested 1.16% in the stock. Dalton Greiner Hartman Maher & Co, a New York-based fund reported 1.20 million shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 11 selling transactions for $2.50 million activity.

TTM Technologies, Inc. (NASDAQ:TTMI) Ratings Coverage

Ratings analysis reveals 100% of TTM Technologies’s analysts are positive. Out of 3 Wall Street analysts rating TTM Technologies, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $18.0 while the high is $20.0. The stock’s average target of $18.67 is 18.92% above today’s ($15.7) share price. TTMI was included in 5 notes of analysts from December 4, 2017. Stifel Nicolaus maintained TTM Technologies, Inc. (NASDAQ:TTMI) rating on Monday, December 4. Stifel Nicolaus has “Buy” rating and $20.0 target. The firm has “Buy” rating by SunTrust given on Thursday, February 8. J.P. Morgan maintained TTM Technologies, Inc. (NASDAQ:TTMI) rating on Thursday, February 8. J.P. Morgan has “Buy” rating and $20.0 target. On Thursday, December 14 the stock rating was initiated by SunTrust with “Buy”. Stifel Nicolaus maintained TTM Technologies, Inc. (NASDAQ:TTMI) rating on Thursday, February 8. Stifel Nicolaus has “Buy” rating and $18 target.

TTM Technologies, Inc. (NASDAQ:TTMI) Institutional Positions Chart

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