TDK (OTCMKTS:TTDKY) Issues FY 2027 Earnings Guidance

TDK (OTCMKTS:TTDKY) issued an update on its FY 2027 earnings guidance on Friday. The company provided EPS guidance of 0.760-0.760 for the period, compared to the consensus estimate of 0.750. The company issued revenue guidance of $16.5 billion-$16.5 billion, compared to the consensus revenue estimate of $17.1 billion.

Wall Street Analyst Weigh In

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

TDK Stock Performance

Shares of OTCMKTS TTDKY traded up $1.05 during mid-day trading on Friday, hitting $19.56. The company had a trading volume of 149,059 shares, compared to its average volume of 397,166. The company has a current ratio of 1.53, a quick ratio of 1.18 and a debt-to-equity ratio of 0.16. TDK has a 1 year low of $11.69 and a 1 year high of $26.73. The company has a market capitalization of $38.02 billion, a price-to-earnings ratio of 28.35, a P/E/G ratio of 1.37 and a beta of 1.28. The stock’s 50-day moving average price is $21.90 and its 200-day moving average price is $17.36.

TDK (OTCMKTS:TTDKY) last issued its quarterly earnings data on Friday, July 31st. The technology company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). TDK had a return on equity of 10.01% and a net margin of 7.87%.The company had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $3.90 billion. TDK has set its FY 2027 guidance at 0.760-0.760 EPS. On average, sell-side analysts forecast that TDK will post 0.75 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.