TDK (OTCMKTS:TTDKY) Downgraded to “Hold” at ValuEngine

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ValuEngine lowered shares of TDK (OTCMKTS:TTDKY) from a buy rating to a hold rating in a report released on Saturday morning, ValuEngine reports.

Separately, Zacks Investment Research cut TDK from a buy rating to a hold rating in a research note on Saturday, October 5th.

Shares of OTCMKTS:TTDKY opened at $97.97 on Friday. TDK has a 52-week low of $64.66 and a 52-week high of $98.10. The stock has a market cap of $12.63 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 1.66 and a beta of 1.73. The company has a quick ratio of 0.90, a current ratio of 1.20 and a debt-to-equity ratio of 0.25. The business has a 50-day moving average price of $90.51 and a 200-day moving average price of $81.29.

TDK (OTCMKTS:TTDKY) last announced its quarterly earnings data on Wednesday, July 31st. The technology company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.19. TDK had a return on equity of 9.34% and a net margin of 5.92%. The firm had revenue of $3.12 billion during the quarter. As a group, equities analysts anticipate that TDK will post 6.05 EPS for the current fiscal 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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