FY2025 Earnings Estimate for Timken Issued By DA Davidson

The Timken Company (NYSE:TKR) – Stock analysts at DA Davidson decreased their FY2025 EPS estimates for Timken in a research report issued to clients and investors on Monday, February 10th. DA Davidson analyst M. Shlisky now expects that the industrial products company will earn $5.51 per share for the year, down from their previous forecast of $6.47. DA Davidson currently has a “Buy” rating and a $99.00 target price on the stock. The consensus estimate for Timken’s current full-year earnings is $5.60 per share.

Several other brokerages have also recently commented on TKR. Morgan Stanley increased their target price on shares of Timken from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Tuesday. KeyCorp restated a “sector weight” rating on shares of Timken in a report on Friday, November 22nd. Oppenheimer reduced their target price on shares of Timken from $102.00 to $97.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Bank of America upgraded shares of Timken from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $73.00 to $78.00 in a report on Tuesday, February 4th. Finally, Evercore ISI upgraded shares of Timken from an “in-line” rating to an “outperform” rating and increased their target price for the stock from $87.00 to $91.00 in a report on Wednesday, November 13th. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $91.60.

Timken Stock Down 0.0 %

Shares of TKR stock opened at $82.08 on Wednesday. Timken has a 12-month low of $69.35 and a 12-month high of $94.71. The firm has a fifty day moving average of $75.74 and a 200-day moving average of $79.35. The company has a market capitalization of $5.76 billion, a price-to-earnings ratio of 16.45, a P/E/G ratio of 1.21 and a beta of 1.39. The company has a quick ratio of 1.62, a current ratio of 3.07 and a debt-to-equity ratio of 0.69.

Timken (NYSE:TKR) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.08. Timken had a net margin of 7.71% and a return on equity of 13.93%.

Insider Buying and Selling at Timken

In other news, CFO Philip D. Fracassa sold 5,000 shares of the stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $81.50, for a total value of $407,500.00. Following the transaction, the chief financial officer now directly owns 90,541 shares of the company’s stock, valued at $7,379,091.50. This represents a 5.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Timken

Large investors have recently modified their holdings of the stock. Vestcor Inc bought a new position in Timken during the third quarter worth about $560,000. TT International Asset Management LTD increased its position in Timken by 1,075.2% during the third quarter. TT International Asset Management LTD now owns 39,274 shares of the industrial products company’s stock worth $3,310,000 after acquiring an additional 35,932 shares during the period. Barclays PLC increased its position in Timken by 221.6% during the third quarter. Barclays PLC now owns 86,667 shares of the industrial products company’s stock worth $7,307,000 after acquiring an additional 59,716 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new position in Timken during the third quarter worth about $2,863,000. Finally, Harbor Capital Advisors Inc. increased its position in Timken by 29.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 60,625 shares of the industrial products company’s stock worth $4,327,000 after acquiring an additional 13,697 shares during the period. 89.08% of the stock is owned by institutional investors.

About Timken

The Timken Company designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally. The company's Engineered Bearings segment provides various bearing products, including tapered, spherical, and cylindrical roller bearings; plain bearings, metal-polymer bearings, and rod end bearings; radial, angular, and precision ball bearings; thrust and specialty ball bearings; journal bearings; and housed or mounted bearings.