TTM Technologies Inc. (NASDAQ:TTMI) is a leading global printed circuit board (PCB) manufacturer, offering advanced technology solutions across various industries, including aerospace, defense, and telecommunications. Competing with major players like Advanced Circuits and Sanmina Corporation, TTMI is renowned for its innovative solutions and robust market presence.
On August 5, 2025, Clapprood Tom, President of A&D Interconnect Solutions at TTMI, executed a significant insider sale, offloading 15,000 shares at approximately $44.68 each, which left him with 23,531 shares. Despite this insider sale, TTMI's stock has demonstrated remarkable growth, appreciating by 75.1% year-to-date, significantly outperforming the Zacks Computer and Technology sector's 9.1% return.
TTMI's recent financial performance underscores its strength, with Q2 revenues surging by 21% year-over-year to $730.6 million, exceeding estimates by 9.38%. The company's earnings per share (EPS) also witnessed a substantial rise of 48.7% to $0.58. However, a weaker Q3 outlook prompted an 11% decline in share price, with revenue guidance ranging from $690 million to $730 million and an EPS forecast between $0.57 and $0.63.
Despite the recent dip in share price, TTMI maintains a robust financial standing. The company boasts a low debt-to-equity ratio of 0.0023, indicating minimal reliance on debt financing. Its current ratio of 2.03 suggests a strong capability to cover short-term liabilities. Furthermore, TTMI's price-to-earnings (P/E) ratio stands at approximately 47.92, reflecting investor confidence in its future earnings potential.
Valuation metrics such as a price-to-sales ratio of 1.68 and an enterprise value to sales ratio of 1.52 highlight the market's positive view of TTMI's sales performance. The enterprise value to operating cash flow ratio of 22 demonstrates the company's efficiency in generating cash flow relative to its valuation. With an earnings yield of 2.09%, TTMI presents a reasonable return on investment for its shareholders.
