
TTM Technologies (TTMI) Stock Forecast & Price Target
TTM Technologies (TTMI) Analyst Ratings
Bulls say
TTM Technologies Inc. demonstrated robust growth in key segments, with its Data Center Computing sector up 57% year-over-year and anticipated to increase by 66% in the first quarter, highlighting strong demand in the technology landscape. Additionally, the Medical, Industrial & Instrumentation segment reported a substantial year-over-year growth of 28% in the fourth quarter, driven by increased activity in semiconductor testing. Overall, TTM’s diverse revenue streams and significant performance improvements in critical sectors provide a solid foundation for a positive financial outlook.
Bears say
TTM Technologies Inc. reported a significant decline in cash flow from operations, dropping to $62.9 million in Q4 from $86.0 million in the previous year, along with a decrease in free cash flow from $33.3 million to $11.7 million, indicating potential issues in operational efficiency and financial health. The company’s net debt to EBITDA leverage ratio remains below its target range, currently at 0.9x, suggesting reduced leverage capacity and possible concerns regarding financial flexibility and capital management. Additionally, the underperformance in the Automotive vertical, which accounts for 12% of revenue, and the reliance on aggressive growth in MII could indicate vulnerable revenue streams and challenges in market demand, further contributing to a negative outlook.
This aggregate rating is based on analysts' research of TTM Technologies and is not a guaranteed prediction by Public.com or investment advice.
TTM Technologies (TTMI) Analyst Forecast & Price Prediction
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