Timken (NYSE:TKR - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, April 30th. Analysts expect Timken to post earnings of $1.44 per share and revenue of $1.13 billion for the quarter. Timken has set its FY 2025 guidance at 5.300-5.800 EPS.
Timken (NYSE:TKR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.16 earnings per share for the quarter, beating 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%. On average, analysts expect Timken to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Timken Stock Performance
Shares of TKR stock opened at $61.60 on Wednesday. Timken has a 12-month low of $56.20 and a 12-month high of $94.71. The business's fifty day simple moving average is $71.68 and its 200-day simple moving average is $75.69. The company has a current ratio of 3.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.69. The company has a market cap of $4.31 billion, a PE ratio of 12.34, a PEG ratio of 1.51 and a beta of 1.28.
Timken Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Tuesday, February 25th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 2.21%. The ex-dividend date was Tuesday, February 25th. Timken's dividend payout ratio is presently 27.25%.
Analysts Set New Price Targets
TKR has been the subject of several research analyst reports. Evercore ISI increased their price objective on shares of Timken from $91.00 to $102.00 and gave the company an "outperform" rating in a research report on Wednesday, February 19th. Morgan Stanley cut their target price on Timken from $94.00 to $88.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Loop Capital reduced their price target on shares of Timken from $85.00 to $65.00 and set a "hold" rating for the company in a research report on Thursday, April 17th. The Goldman Sachs Group decreased their price objective on Timken from $85.00 to $75.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. Finally, DA Davidson reaffirmed a "neutral" rating and set a $66.00 target price (down from $97.00) on shares of Timken in a report on Monday. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Timken currently has a consensus rating of "Hold" and a consensus target price of $81.91.
Check Out Our Latest Report on Timken
Insider Buying and Selling at Timken
In other Timken news, CFO Philip D. Fracassa sold 5,000 shares of Timken stock in a transaction on Friday, February 7th. The stock was sold at an average price of $81.50, for a total value of $407,500.00. Following the sale, the chief financial officer now owns 90,541 shares in the company, valued at $7,379,091.50. The trade was a 5.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 8.70% of the stock is currently owned by company insiders.
About Timken
(
Get Free Report)
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.
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