Zacks Research Has Negative Forecast for Timken Q1 Earnings

The Timken Company (NYSE:TKR) – Analysts at Zacks Research decreased their Q1 2025 earnings estimates for Timken in a report issued on Tuesday, January 7th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $1.73 for the quarter, down from their prior estimate of $1.74. The consensus estimate for Timken’s current full-year earnings is $5.61 per share.

TKR has been the subject of several other reports. DA Davidson dropped their target price 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. Jefferies Financial Group upgraded shares of Timken from a “hold” rating to a “buy” rating and lifted their target price for the company from $80.00 to $95.00 in a research report on Friday, December 6th. Citigroup upgraded shares of Timken from a “neutral” rating to a “buy” rating and lifted their target price for the company from $85.00 to $90.00 in a research report on Monday, December 9th. KeyCorp reiterated a “sector weight” rating on shares of Timken in a research report on Friday, November 22nd. Finally, Evercore ISI upgraded shares of Timken from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $87.00 to $91.00 in a report on Wednesday, November 13th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Timken has a consensus rating of “Moderate Buy” and an average price target of $92.90.

Timken Price Performance

TKR stock opened at $72.77 on Friday. The firm has a 50 day moving average of $75.01 and a 200-day moving average of $79.99. The company has a current ratio of 3.00, a quick ratio of 1.62 and a debt-to-equity ratio of 0.71. Timken has a 12 month low of $69.35 and a 12 month high of $94.71. The firm has a market capitalization of $5.10 billion, a P/E ratio of 15.13, a price-to-earnings-growth ratio of 1.12 and a beta of 1.39.

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

Institutional Trading of Timken

Institutional investors have recently bought and sold shares of the stock. Coastline Trust Co bought a new stake in Timken in the third quarter worth $29,000. Livelsberger Financial Advisory bought a new stake in Timken in the third quarter worth $32,000. UMB Bank n.a. lifted its position in shares of Timken by 64.1% during the third quarter. UMB Bank n.a. now owns 430 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 168 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Timken during the second quarter worth $44,000. Finally, Brooklyn Investment Group bought a new stake in shares of Timken during the third quarter worth $74,000. 89.08% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Timken

In other news, Director Richard G. Kyle sold 30,000 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was 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 directly owns 194,485 shares in the company, valued at approximately $14,895,606.15. This represents a 13.36 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 8.70% of the company’s stock.

Timken Dividend Announcement

The business also recently disclosed 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. This represents a $1.36 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date was Tuesday, November 19th. Timken’s dividend payout ratio (DPR) 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.