Movement Alert｜TTM Technologies Inc Rises 6.69% in Regular Trading, Continued Buying After Q2 Earnings Beat

Market Focus

Aug 12

On August 12, TTM Technologies Inc rose 6.69% in regular trading, trading at $138.0/share, with turnover of $45.67 million.

The movement follows continued investor interest after the company reported stronger-than-expected Q2 results on August 5 after market close. Adjusted earnings per share came in at $0.99, surpassing the consensus estimate of $0.90 and representing a 70.69% year-over-year increase. Revenue reached $1.004 billion, beating the expected $962 million, up 37.42% compared to the prior-year period. The stock initially surged over 12% the day after the earnings release and has continued to attract buying interest.

Additionally, Truist Securities maintained a Buy rating on the stock with a target price of $224, suggesting significant upside from current levels. Within the Electronic Manufacturing Services sector, peers also showed strength, with Fabrinet up 8.02%, Flex Ltd up 5.04%, and Celestica up 4.29%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Adjusted earnings per share came in at $0.99, surpassing the consensus estimate of $0.90 and representing a 70.69% year-over-year increase. Revenue reached $1.004 billion, beating the expected $962 million, up 37.42% compared to the prior-year period. The stock initially surged over 12% the day after the earnings release and has continued to attract buying interest.</p><p>Additionally, Truist Securities maintained a Buy rating on the stock with a target price of $224, suggesting significant upside from current levels. Within the Electronic Manufacturing Services sector, peers also showed strength, with Fabrinet up 8.02%, Flex Ltd up 5.04%, and Celestica up 4.29%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TTMI","symbol_name":"TTM科技","start_time":0,"source_url":"","article_id":"1144414340","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144414340","pubTimestamp":1786542202,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 12, TTM Technologies Inc rose 6.69% in regular trading, trading at $138.0/share, with turnover of $45.67 million.The movement follows continued investor interest after the company reported...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TTMI":"TTM科技"},"translate_title":"走势警报|TTM Technologies Inc 在常规交易中上涨 6.69%，第二季度盈利超出预期后继续买入","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TTMI":1},"content_text":"On August 12, TTM Technologies Inc rose 6.69% in regular trading, trading at $138.0/share, with turnover of $45.67 million.The movement follows continued investor interest after the company reported stronger-than-expected Q2 results on August 5 after market close. 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