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TTM Technologies, Inc. (TTMI) Hit a 52 Week High, Can the Run Continue?
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Have you been paying attention to shares of TTM Technologies (TTMI - Free Report) ? Shares have been on the move with the stock up 13.6% over the past month. The stock hit a new 52-week high of $67.47 in the previous session. TTM has gained 171.5% since the start of the year compared to the 29.6% move for the Zacks Computer and Technology sector and the 57.3% return for the Zacks Electronics - Miscellaneous Components industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 29, 2025, TTM reported EPS of $0.67 versus consensus estimate of $0.61.
For the current fiscal year, TTM is expected to post earnings of $2.35 per share on $2.88 in revenues. This represents a 37.43% change in EPS on a 18.08% change in revenues. For the next fiscal year, the company is expected to earn $2.62 per share on $3.15 in revenues. This represents a year-over-year change of 11.63% and 9.07%, respectively.
Valuation Metrics
While TTM has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
TTM has a Value Score of C. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 28.6X current fiscal year EPS estimates, which is a premium to the peer industry average of 28.2X. On a trailing cash flow basis, the stock currently trades at 22.8X versus its peer group's average of 17.4X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, TTM currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if TTM meets the list of requirements. Thus, it seems as though TTM shares could have potential in the weeks and months to come.
How Does TTMI Stack Up to the Competition?
Shares of TTMI have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Rogers Corporation (ROG - Free Report) . ROG has a Zacks Rank of #1 (Strong Buy) and a Value Score of C, a Growth Score of C, and a Momentum Score of A.
Earnings were strong last quarter. Rogers Corporation beat our consensus estimate by 28.57%, and for the current fiscal year, ROG is expected to post earnings of $3.39 per share on revenue of $806.8 million.
Shares of Rogers Corporation have gained 5.4% over the past month, and currently trade at a forward P/E of 41.29X and a P/CF of 16.35X.
The Electronics - Miscellaneous Components industry is in the top 16% of all the industries we have in our universe, so it looks like there are some nice tailwinds for TTMI and ROG, even beyond their own solid fundamental situation.
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TTM Technologies, Inc. (TTMI) Hit a 52 Week High, Can the Run Continue?
Have you been paying attention to shares of TTM Technologies (TTMI - Free Report) ? Shares have been on the move with the stock up 13.6% over the past month. The stock hit a new 52-week high of $67.47 in the previous session. TTM has gained 171.5% since the start of the year compared to the 29.6% move for the Zacks Computer and Technology sector and the 57.3% return for the Zacks Electronics - Miscellaneous Components industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 29, 2025, TTM reported EPS of $0.67 versus consensus estimate of $0.61.
For the current fiscal year, TTM is expected to post earnings of $2.35 per share on $2.88 in revenues. This represents a 37.43% change in EPS on a 18.08% change in revenues. For the next fiscal year, the company is expected to earn $2.62 per share on $3.15 in revenues. This represents a year-over-year change of 11.63% and 9.07%, respectively.
Valuation Metrics
While TTM has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
TTM has a Value Score of C. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 28.6X current fiscal year EPS estimates, which is a premium to the peer industry average of 28.2X. On a trailing cash flow basis, the stock currently trades at 22.8X versus its peer group's average of 17.4X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, TTM currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if TTM meets the list of requirements. Thus, it seems as though TTM shares could have potential in the weeks and months to come.
How Does TTMI Stack Up to the Competition?
Shares of TTMI have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Rogers Corporation (ROG - Free Report) . ROG has a Zacks Rank of #1 (Strong Buy) and a Value Score of C, a Growth Score of C, and a Momentum Score of A.
Earnings were strong last quarter. Rogers Corporation beat our consensus estimate by 28.57%, and for the current fiscal year, ROG is expected to post earnings of $3.39 per share on revenue of $806.8 million.
Shares of Rogers Corporation have gained 5.4% over the past month, and currently trade at a forward P/E of 41.29X and a P/CF of 16.35X.
The Electronics - Miscellaneous Components industry is in the top 16% of all the industries we have in our universe, so it looks like there are some nice tailwinds for TTMI and ROG, even beyond their own solid fundamental situation.