Latest news with #TTElectronics
Business Insider
a day ago
- Business
- Business Insider
Deutsche Bank Sticks to Its Buy Rating for TT Electronics (TTG)
Deutsche Bank analyst Richard Paige maintained a Buy rating on TT Electronics (TTG – Research Report) today and set a price target of £1.30. The company's shares closed yesterday at p103.80. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Paige is a 3-star analyst with an average return of 1.9% and a 53.45% success rate. Paige covers the Industrials sector, focusing on stocks such as Halma plc, Morgan Advanced Materials, and Senior plc. TT Electronics has an analyst consensus of Hold, with a price target consensus of p84.00.
Daily Mail
05-05-2025
- Business
- Daily Mail
Half of all profit warnings by UK-listed firms now linked to tariffs and global trade disruption
Half of the profit warnings issued last month by UK-listed firms cited tariffs and the impact of global trade disruption. Analysis from accountancy giant EY shows there were 26 warnings in April, up from 21 in the same month last year. Of the 26, 13 cited tariffs. On average, the profit warnings – when companies disclose to investors that they expect profits to fall short of expectations – caused the affected company's share price to fall by 19 per cent on the day. In the first quarter of the year, 62 profit warnings were issued. That number was 11 per cent lower than the same period in 2024 but came before Donald Trump's so-called Liberation Day tariffs were announced at the start of April. UK-listed companies that have issued profit warnings in relation to tariffs in recent weeks include manufacturer TT Electronics and ship broking giant Clarkson. Others, including Peppa Pig toy maker Character Group, have withdrawn profit guidance amid the uncertainty.
Business Insider
01-05-2025
- Business
- Business Insider
Jefferies Keeps Their Hold Rating on TT Electronics (TTG)
Jefferies analyst Vanessa Jeffriess reiterated a Hold rating on TT Electronics (TTG – Research Report) today and set a price target of p77.00. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Currently, the analyst consensus on TT Electronics is a Hold with an average price target of p87.67. Based on TT Electronics' latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p274.4 million and a net profit of p6 million. In comparison, last year the company earned a revenue of p309.1 million and had a net profit of p11.9 million
Yahoo
13-04-2025
- Business
- Yahoo
Eric Lakin Buys Handful Of Shares In TT Electronics
Even if it's not a huge purchase, we think it was good to see that Eric Lakin, the CFO & Director of TT Electronics plc (LON:TTG) recently shelled out UK£50k to buy stock, at UK£0.76 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. In fact, the recent purchase by Eric Lakin was the biggest purchase of TT Electronics shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than UK£0.75 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. In the last twelve months TT Electronics insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! View our latest analysis for TT Electronics There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data isn't picking up on much insider ownership at TT Electronics, though insiders do hold about UK£762k worth of shares. It's always possible we are missing something but from our data, it looks like insider ownership is minimal. It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that TT Electronics insiders are expecting a bright future. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 1 warning sign for TT Electronics and we suggest you have a look. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
12-04-2025
- Business
- Yahoo
TT Electronics Full Year 2024 Earnings: Misses Expectations
Revenue: UK£521.1m (down 15% from FY 2023). Net loss: UK£53.4m (loss widened by UK£46.6m from FY 2023). UK£0.30 loss per share (further deteriorated from UK£0.039 loss in FY 2023). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) was also behind analyst expectations. Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Performance of the British Electronic industry. The company's shares are down 4.1% from a week ago. We don't want to rain on the parade too much, but we did also find 1 warning sign for TT Electronics that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
