TDK (OTCMKTS:TTDKY) Announces Quarterly Earnings Results

TDK (OTCMKTS:TTDKY) posted its quarterly earnings data on Friday. The technology company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.02), Zacks reports. TDK had a net margin of 7.87% and a return on equity of 10.01%. TDK updated its FY 2027 guidance to 0.760-0.760 EPS.

TDK Stock Up 5.7%

OTCMKTS:TTDKY traded up $1.05 during trading hours on Friday, reaching $19.56. 148,259 shares of the company traded hands, compared to its average volume of 287,871. 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 business’s 50-day moving average price is $21.93 and its two-hundred day moving average price is $17.35. TDK has a 1 year low of $11.69 and a 1 year high of $26.73. The stock has a market capitalization of $38.02 billion, a P/E ratio of 28.35, a P/E/G ratio of 1.22 and a beta of 1.28.

Analyst Ratings Changes

Separately, Zacks Research upgraded TDK from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “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.