TDK (OTCMKTS:TTDKY) Sees Strong Trading Volume – Time to Buy?

TDK Corp. (OTCMKTS:TTDKY) saw unusually-strong trading volume on Wednesday . Approximately 742,174 shares changed hands during mid-day trading, an increase of 228% from the previous session’s volume of 226,273 shares.The stock last traded at $15.59 and had previously closed at $14.85.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Nomura raised shares of TDK to a “strong-buy” rating in a research report on Tuesday, February 3rd. Wall Street Zen raised shares of TDK from a “hold” rating to a “buy” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

TDK Stock Performance

The firm has a 50-day moving average of $13.93 and a 200-day moving average of $14.49. The company has a current ratio of 1.53, a quick ratio of 1.18 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $30.45 billion, a price-to-earnings ratio of 23.74, a P/E/G ratio of 1.29 and a beta of 0.78.

TDK (OTCMKTS:TTDKY) last announced its quarterly earnings data on Monday, February 2nd. The technology company reported $0.24 earnings per share 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 business had revenue of $4.34 billion for 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 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.