TDK (OTCMKTS:TTDKY) Shares Gap Up – Still a Buy?

Shares of TDK Corp. (OTCMKTS:TTDKY) gapped up before the market opened on Wednesday . The stock had previously closed at $13.08, but opened at $13.78. TDK shares last traded at $13.8950, with a volume of 71,122 shares changing hands.

Analyst Upgrades and Downgrades

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

TDK Trading Up 7.0%

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.53 and a quick ratio of 1.18. The business’s fifty day simple moving average is $14.04 and its 200 day simple moving average is $14.65. The stock has a market cap of $27.21 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 1.50 and a beta of 0.76.

TDK (OTCMKTS:TTDKY) last issued its 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 the consensus estimate of $612.08 billion. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. On average, research analysts predict that TDK Corp. will post 0.61 EPS 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.