ValuEngine Upgrades TDK (OTCMKTS:TTDKY) to “Hold”

TDK (OTCMKTS:TTDKY) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Tuesday, ValuEngine reports.

Several other equities analysts have also issued reports on the company. Zacks Investment Research raised TDK from a “sell” rating to a “hold” rating in a research note on Saturday, November 16th. Goldman Sachs Group raised TDK from a “buy” rating to a “conviction-buy” rating in a research note on Friday, November 22nd.

TDK stock opened at $105.46 on Tuesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.90 and a current ratio of 1.20. TDK has a 52 week low of $64.66 and a 52 week high of $108.40. The firm has a market cap of $13.71 billion, a P/E ratio of 18.03, a P/E/G ratio of 1.86 and a beta of 1.74. The business’s fifty day moving average is $101.86 and its two-hundred day moving average is $84.73.

TDK (OTCMKTS:TTDKY) last issued its quarterly earnings results on Thursday, October 31st. The technology company reported $2.15 earnings per share (EPS) for the quarter. TDK had a return on equity of 10.06% and a net margin of 6.30%. The business had revenue of $3.43 billion for the quarter. On average, equities research analysts predict that TDK will post 5.85 earnings per share for the current year.

About TDK

TDK Corporation, together with its subsidiaries, manufactures and sells electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Film Application Products, and Other segments.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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