TDK (OTCMKTS:TTDKY) Sees Strong Trading Volume – Still a Buy?

TDK Corp. (OTCMKTS:TTDKY) saw unusually-high trading volume on Wednesday . Approximately 305,203 shares changed hands during mid-day trading, an increase of 78% from the previous session’s volume of 171,136 shares.The stock last traded at $15.15 and had previously closed at $15.10.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on TTDKY. Wall Street Zen raised shares of TDK from a “hold” rating to a “buy” rating in a report on Wednesday, February 4th. Nomura upgraded TDK to a “strong-buy” rating in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

TDK Stock Performance

The company has a market cap of $29.57 billion, a PE ratio of 23.05, a P/E/G ratio of 1.30 and a beta of 0.78. The company has a current ratio of 1.56, a quick ratio of 1.22 and a debt-to-equity ratio of 0.18. The firm’s 50-day simple moving average is $14.02 and its two-hundred day simple moving average is $14.41.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings results on Monday, February 2nd. The technology company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.03. The business had revenue of $4.34 billion during the quarter, compared to analysts’ expectations of $612.08 billion. TDK had a net margin of 7.85% and a return on equity of 10.07%. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. As a group, research analysts anticipate that TDK Corp. will post 0.61 earnings per share for the current fiscal year.

About TDK

TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.

TDK’s product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.