TDK (TTDKY) Expected to Post Earnings on Friday

TDK (OTCMKTS:TTDKY) is expected to be posting its results after the market closes on Friday, July 31st. Analysts expect the company to post earnings of $0.16 per share and revenue of $3.9418 billion for the quarter.

TDK (OTCMKTS:TTDKY) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). TDK had a return on equity of 10.01% and a net margin of 7.87%.The company had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $3.83 billion. On average, analysts expect TDK to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TDK Price Performance

Shares of OTCMKTS TTDKY opened at $16.63 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.53 and a quick ratio of 1.18. The firm has a market capitalization of $32.33 billion, a PE ratio of 24.10, a P/E/G ratio of 1.31 and a beta of 1.28. TDK has a 1-year low of $11.69 and a 1-year high of $26.73. The business’s fifty day moving average price is $21.96 and its two-hundred day moving average price is $17.32.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of TDK from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently 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.