TDK (OTCMKTS:TTDKY) Issues Earnings Results

TDK (OTCMKTS:TTDKY) announced its quarterly earnings data on Tuesday. The technology company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.06), Zacks reports. TDK had a net margin of 7.85% and a return on equity of 9.83%. TDK updated its FY 2027 guidance to 0.760-0.760 EPS.

TDK Price Performance

Shares of TTDKY opened at $17.04 on Tuesday. TDK has a twelve month low of $9.64 and a twelve month high of $18.51. The stock’s 50 day moving average is $14.31 and its two-hundred day moving average is $14.70. The firm has a market capitalization of $33.12 billion, a PE ratio of 25.82, a P/E/G ratio of 1.34 and a beta of 0.85. The company has a current ratio of 1.53, a quick ratio of 1.18 and a debt-to-equity ratio of 0.16.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Nomura raised TDK to a “strong-buy” rating in a report on Tuesday, February 3rd. Wall Street Zen raised TDK from a “hold” rating to a “buy” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, TDK currently has an average rating of “Strong Buy”.

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.