Zacks Research Has Pessimistic Outlook of Timken Q1 Earnings

The Timken Company (NYSE:TKR - Free Report) - Investment analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for Timken in a research report issued to clients and investors on Tuesday, January 7th. Zacks Research analyst M. Das now forecasts that the industrial products company will earn $1.73 per share for the quarter, down from their prior forecast of $1.74. The consensus estimate for Timken's current full-year earnings is $5.61 per share.

Timken (NYSE:TKR - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $1.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.38 by ($0.15). Timken had a return on equity of 14.82% and a net margin of 7.41%. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the business earned $1.55 earnings per share. The firm's quarterly revenue was down 1.4% compared to the same quarter last year.

A number of other research analysts have also recently commented on TKR. Jefferies Financial Group raised Timken from a "hold" rating to a "buy" rating and upped their target price for the company from $80.00 to $95.00 in a research note on Friday, December 6th. Morgan Stanley raised Timken from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $82.00 to $93.00 in a research report on Tuesday, December 17th. Oppenheimer decreased their target price on Timken from $102.00 to $97.00 and set an "outperform" rating for the company in a research report on Wednesday, November 6th. Citigroup raised shares of Timken from a "neutral" rating to a "buy" rating and raised their price target for the stock from $85.00 to $90.00 in a research note on Monday, December 9th. Finally, DA Davidson lowered their price objective on shares of Timken from $103.00 to $99.00 and set a "buy" rating for the company in a research report on Wednesday, November 6th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Timken has an average rating of "Moderate Buy" and a consensus price target of $92.90.

Timken Trading Down 1.6 %

NYSE:TKR traded down $1.18 during mid-day trading on Friday, hitting $72.77. 628,991 shares of the stock traded hands, compared to its average volume of 684,882. The company has a quick ratio of 1.62, a current ratio of 3.00 and a debt-to-equity ratio of 0.71. Timken has a 52 week low of $69.35 and a 52 week high of $94.71. The stock has a market capitalization of $5.10 billion, a price-to-earnings ratio of 15.13, a PEG ratio of 1.12 and a beta of 1.39. The firm's 50 day moving average is $75.01 and its two-hundred day moving average is $79.99.

Institutional Trading of Timken

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. increased its position in Timken by 29.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 60,625 shares of the industrial products company's stock valued at $4,327,000 after buying an additional 13,697 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Timken by 15.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,684 shares of the industrial products company's stock valued at $477,000 after purchasing an additional 885 shares during the last quarter. Retirement Systems of Alabama grew its position in Timken by 1.1% during the 3rd quarter. Retirement Systems of Alabama now owns 176,643 shares of the industrial products company's stock worth $14,889,000 after purchasing an additional 1,869 shares during the last quarter. Franklin Resources Inc. increased its stake in Timken by 0.5% during the 3rd quarter. Franklin Resources Inc. now owns 41,373 shares of the industrial products company's stock valued at $3,502,000 after purchasing an additional 222 shares in the last quarter. Finally, Synovus Financial Corp raised its holdings in shares of Timken by 5.4% in the third quarter. Synovus Financial Corp now owns 8,286 shares of the industrial products company's stock worth $698,000 after buying an additional 423 shares during the last quarter. Hedge funds and other institutional investors own 89.08% of the company's stock.

Insider Buying and Selling at Timken

In related news, Director Richard G. Kyle sold 30,000 shares of the business's stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $76.59, for a total transaction of $2,297,700.00. Following the completion of the transaction, the director now owns 194,485 shares in the company, valued at $14,895,606.15. The trade was a 13.36 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 8.70% of the company's stock.

Timken Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Tuesday, November 19th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a $1.36 dividend on an annualized basis and a yield of 1.87%. Timken's dividend payout ratio is currently 28.27%.

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.