TDK (OTCMKTS:TTDKY) Shares Gap Up – Here’s Why

Shares of TDK Corp. (OTCMKTS:TTDKY) gapped up prior to trading on Tuesday . The stock had previously closed at $14.72, but opened at $15.49. TDK shares last traded at $14.8595, with a volume of 84,990 shares trading hands.

Analyst Ratings Changes

Several research firms have recently commented on TTDKY. Wall Street Zen raised shares of TDK from a “hold” rating to a “buy” rating in a research report on Wednesday, February 4th. Nomura raised TDK to a “strong-buy” rating in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the company has an average rating of “Strong Buy”.

TDK Trading Up 1.3%

The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.18 and a current ratio of 1.53. The stock has a fifty day moving average of $13.94 and a 200 day moving average of $14.48. The company has a market capitalization of $28.98 billion, a PE ratio of 22.59, a PEG ratio of 1.29 and a beta of 0.78.

TDK (OTCMKTS:TTDKY) last announced its quarterly earnings results on Monday, February 2nd. The technology company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.03. TDK had a return on equity of 9.83% and a net margin of 7.85%.The company had revenue of $4.34 billion during the quarter, compared to analyst estimates of $612.08 billion. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. As a group, sell-side analysts predict that TDK Corp. will post 0.61 earnings per share for the current fiscal year.

TDK Company Profile

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.