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Ttm Technologies Inc
TTM Technologies, Inc. is a leading global electronics manufacturing services (EMS) provider, offering a comprehensive suite of advanced manufacturing and technology services to the world's top electronics companies. They operate in various industries, such as aerospace, automotive, computing, medical, and others.
Regardin Fundamentals, TTM Technologies' stock symbol is TTMI, traded on the NASDAQ exchange. The company has a market capitalization of around $1.5 billion, with 82.6 million shares outstanding, and a float of 68.6 million shares. Institutional ownership stands at 94.3%.
As of their latest fiscal year, TTM Technologies' revenue was $2.3 billion, with a gross margin of 17.8%, operating income of $147.7 million, and a net income of $83.1 million. Their earnings per share (EPS) was $1.01, and their price-to-earnings (P/E) ratio is around 12.7. The company's profitability has been growing steadily over the years, with revenue increasing by 14.5% annually on average. Their gross margin has also been expanding, reaching 17.8% in the first quarter of 2022.
In terms of growth prospect, Wall Street analysts have a positive outlook on TTM Technologies. Their revenue growth is expected to continue, with a forecast of 10.3% yearly growth over the next five years. The company's focus on diversification, expanding into new markets, cost-saving initiatives, and investments in emerging technologies are expected to drive this growth.
In summary, TTM Technologies, Inc. appears to be a strong player in the EMS industry, with a solid track record of revenue and earnings growth, a healthy balance sheet, and a positive outlook from Wall Street analysts. However, it's vital to remember that investing always carries inherent risk, and it's crucial to conduct thorough research and analysis before making any investment decisions.