TDK (OTCMKTS:TTDKY) Announces Earnings Results

TDK (OTCMKTS:TTDKY) released its quarterly earnings data on Friday. The technology company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.02), Zacks reports. TDK had a return on equity of 10.01% and a net margin of 7.87%.The company had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.06 billion. TDK updated its FY 2027 guidance to 0.760-0.760 EPS.

TDK Stock Performance

OTCMKTS TTDKY opened at $19.56 on Friday. The stock has a market capitalization of $38.02 billion, a price-to-earnings ratio of 28.76, a PEG ratio of 1.44 and a beta of 1.28. TDK has a twelve month low of $11.69 and a twelve month high of $26.73. The company has a current ratio of 1.53, a quick ratio of 1.18 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average of $21.90 and a 200 day moving average of $17.36.

Analyst Ratings Changes

Separately, Zacks Research raised shares of TDK from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

TDK Company Profile

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.