Timken (TKR) Stock Price, News & Analysis

Company Overview

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. This segment serves wind energy, agriculture, construction, food and beverage, metals and mining, automotive and truck, aerospace, rail, and other industries under the Timken, GGB, and Fafnir brands. Its Industrial Motion segment offers a portfolio of engineered products comprising industrial drives, automatic lubrication systems, linear motion products and systems, chains, belts, seals, couplings, filtration systems, and industrial clutches and brakes. It also provides industrial drivetrain and bearing repairing services. This segment serves a range of industries, such as solar energy, automation, construction, agriculture and turf, passenger rail, marine, aerospace, packaging and logistics, medical, and others under the Philadelphia Gear, Cone Drive, Rollon, Nadella, Groeneveld, BEKA, Diamond, Drives, Timken Belts, Spinea, Des-Case, Lagersmit, Lovejoy, and PT Tech brands. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.

Key Stats

• Today's Range: $71.16 to $72.00
• 50-Day Range: $70.76 to $87.24
• 52-Week Range: $70.20 to $94.71
• Volume: 67,487 shs
• Average Volume: 488,026 shs
• Market Capitalization: $5.03 billion
• P/E Ratio: 14.91
• Dividend Yield: 1.90%
• Price Target: $92.90
• Consensus Rating: Moderate Buy

Timken Stock Analysis - MarketRank™

Timken scored higher than 99% of companies evaluated by MarketBeat, and ranked 7th out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Timken has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Timken has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.08%

Earnings Growth

Earnings for Timken are expected to grow by 14.08% in the coming year, from $5.61 to $6.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Timken is 14.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.18.

Price to Earnings Ratio vs. Sector

The P/E ratio of Timken is 14.88, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 240.01.

Price to Earnings Growth Ratio

Timken has a PEG Ratio of 1.12. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Timken has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.88% of the float of Timken has been sold short.

Short Interest Ratio / Days to Cover

Timken has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Timken has recently decreased by 3.25%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Timken pays a meaningful dividend of 1.92%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Timken has been increasing its dividend for 11 years.

Dividend Coverage

The dividend payout ratio of Timken is 28.27%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Timken will have a dividend payout ratio of 21.25% next year. This indicates that Timken will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.4 / 5
• Environmental Score: -2.08

Percentage of Shares Shorted

1.88% of the float of Timken has been sold short.

Short Interest Ratio / Days to Cover

Timken has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Timken has recently decreased by 3.25%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.45

News Sentiment

Timken has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Timken this week, compared to 7 articles on an average week.

Search Interest

2 people have searched for TKR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Timken to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Timken insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,297,700.00 in company stock.

Percentage Held by Insiders

Only 8.70% of the stock of Timken is held by insiders.

Percentage Held by Institutions

89.08% of the stock of Timken is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TKR Stock Analysis - Frequently Asked Questions

How have TKR shares performed this year?

Timken's stock was trading at $80.15 at the beginning of the year. Since then, TKR stock has decreased by 10.7% and is now trading at $71.59.
View the best growth stocks for 2024 here.

How were Timken's earnings last quarter?

The Timken Company (NYSE:TKR) announced its quarterly earnings data 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. The company's revenue for the quarter was down 1.4% on a year-over-year basis.

Does Timken have any subsidiaries?

Timken subsidiaries include these companies: Spinea s.r.o., iMS, Aurora Bearing, BEKA Lubrication, Beka Lubrication, Diamond Chain Company, Rollon, and more.

Who are Timken's major shareholders?

Timken's top institutional investors include FMR LLC (6.87%), Thrivent Financial for Lutherans (3.82%), State Street Corp (2.79%) and Hotchkis & Wiley Capital Management LLC (2.43%). Insiders that own company stock include Richard G Kyle, Philip D Fracassa, Christopher A Coughlin, Jacqueline F Woods and Hansal N Patel.
View institutional ownership trends.

How do I buy shares of Timken?

Shares of TKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Timken own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Timken investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR), The RMR Group (RMR) and AUO (AUOTY).

Company Calendar

• Last Earnings: 11/05/2024
• Ex-Dividend for 11/29 Dividend: 11/19/2024
• Dividend Payable: 11/29/2024
• Today: 12/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Ball & roller bearings
• Sub-Industry: Industrial Machinery
• Current Symbol: NYSE:TKR
• CUSIP: 88738910
• CIK: 98362
• Web: www.timken.com
• Phone: (234) 262-3000
• Fax: 330-458-6006
• Employees: 19,000
• Year Founded: 1899

Price Target and Rating

• Average Stock Price Target: $92.90
• High Stock Price Target: $100.00
• Low Stock Price Target: $87.00
• Potential Upside/Downside: +29.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.64
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.81
• Trailing P/E Ratio: 14.89
• Forward P/E Ratio: 12.76
• P/E Growth: 1.12
• Net Income: $394.10 million
• Net Margins: 7.41%
• Pretax Margin: 10.13%
• Return on Equity: 14.82%
• Return on Assets: 6.44%

Debt

• Debt-to-Equity Ratio: 0.71
• Current Ratio: 3.00
• Quick Ratio: 1.62

Sales & Book Value

• Annual Sales: $4.59 billion
• Price / Sales: 1.09
• Cash Flow: $9.54 per share
• Price / Cash Flow: 7.51
• Book Value: $38.30 per share
• Price / Book: 1.87

Miscellaneous

• Outstanding Shares: 70,117,000
• Free Float: 64,017,000
• Market Cap: $5.02 billion
• Optionable: Optionable
• Beta: 1.38