TDK (OTCMKTS:TTDKY) Issues FY 2027 Earnings Guidance

TDK (OTCMKTS:TTDKY) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.760-0.760 for the period, compared to the consensus EPS estimate of 0.730. The company issued revenue guidance of $16.5 billion-$16.5 billion, compared to the consensus revenue estimate of 0.000.

TDK Trading Up 3.9%

Shares of TDK stock traded up $0.69 on Thursday, reaching $18.34. 67,867 shares of the company’s stock were exchanged, compared to its average volume of 292,255. The company has a market capitalization of $35.65 billion, a P/E ratio of 27.79, a price-to-earnings-growth ratio of 1.34 and a beta of 0.85. TDK has a 52 week low of $10.14 and a 52 week high of $18.69. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.18 and a current ratio of 1.53. The firm’s 50-day moving average is $14.40 and its two-hundred day moving average is $14.75.

TDK (OTCMKTS:TTDKY) last issued its earnings results on Tuesday, April 28th. The technology company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.05). The company had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $3.71 billion. TDK had a return on equity of 9.83% and a net margin of 7.85%.TDK has set its FY 2027 guidance at 0.760-0.760 EPS. Sell-side analysts predict that TDK will post 0.69 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on TTDKY. Wall Street Zen upgraded TDK from a “hold” rating to a “buy” rating in a report on Wednesday, February 4th. Nomura upgraded TDK to a “strong-buy” rating in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Strong 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.