
TTM Technologies (TTMI) Stock Forecast & Price Target
TTM Technologies (TTMI) Analyst Ratings
Bulls say
TTM Technologies Inc. demonstrated robust growth across its business segments, with the A&D segment contributing approximately 41% of Q4 revenues, increasing by 5% year-over-year. The Data Center Computing segment exhibited remarkable performance, with a 57% year-over-year increase in sales, and management anticipates a further rise of 66% year-over-year in Q1, reflecting strong demand. Additionally, the Medical, Industrial, and Instrumentation segment reported a 28% year-over-year increase, highlighting the company's diverse revenue streams and resilience in various markets.
Bears say
TTM Technologies Inc. reported a decline in cash flow from operations in Q4, totaling $62.9 million compared to $86.0 million in the prior year, alongside a significant drop in free cash flow for the year, which fell to $17.9 million from $84.0 million. The company’s net debt to EBITDA leverage ratio remains below its target range, recorded at 0.9x, which may indicate underutilization of leverage despite a manageable debt level. Additionally, while TTM projects substantial growth in certain segments, the Automotive vertical, representing 12% of revenues, experienced a 7% decline, raising concerns about the performance of critical business areas and potential integration risks associated with acquisitions.
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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