FY2025 Earnings Estimate for Timken Issued By DA Davidson

The Timken Company (NYSE:TKR) – DA Davidson dropped their FY2025 earnings per share estimates for shares of Timken in a research report issued to clients and investors on Wednesday, November 6th. DA Davidson analyst M. Shlisky now forecasts that the industrial products company will post earnings per share of $6.47 for the year, down from their previous estimate of $7.24. 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 $5.62 per share.

Timken (NYSE:TKR) last issued its quarterly earnings data 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). The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Timken had a return on equity of 14.82% and a net margin of 7.41%. The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.55 EPS.

Several other research firms also recently weighed in on TKR. Oppenheimer reduced their target price on Timken from $102.00 to $97.00 and set an “outperform” rating for the company in a report on Wednesday. Citigroup began coverage on Timken in a report on Monday, October 14th. They issued a “neutral” rating and a $90.00 price objective for the company. Evercore ISI cut their target price on shares of Timken from $94.00 to $87.00 and set an “in-line” rating on the stock in a report on Monday, August 19th. Finally, KeyCorp decreased their price target on shares of Timken from $104.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday. Eight investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $89.60.

Timken Price Performance

Shares of TKR opened at $76.85 on Friday. The firm has a fifty day moving average price of $82.41 and a 200 day moving average price of $83.74. The stock has a market cap of $5.39 billion, a PE ratio of 15.98, a price-to-earnings-growth ratio of 1.94 and a beta of 1.43. Timken has a 1-year low of $70.15 and a 1-year high of $94.71. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.00 and a quick ratio of 1.64.

Hedge Funds Weigh In On Timken

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fidelis Capital Partners LLC acquired a new stake in shares of Timken in the 1st quarter valued at approximately $26,000. Coastline Trust Co purchased a new stake in shares of Timken during the 3rd quarter worth $29,000. Versant Capital Management Inc acquired a new position in shares of Timken during the 2nd quarter worth $30,000. EverSource Wealth Advisors LLC increased its holdings in shares of Timken by 1,905.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 361 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 343 shares in the last quarter. Finally, Livelsberger Financial Advisory acquired a new stake in shares of Timken in the third quarter valued at about $32,000. Institutional investors and hedge funds own 89.08% of the company’s stock.

Timken Company Profile

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.