FY2025 Earnings Estimate for Timken Issued By DA Davidson

The Timken Company (NYSE:TKR) – Analysts at DA Davidson reduced their FY2025 EPS 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 of $6.47 per share for the year, down from their previous forecast of $7.24. DA Davidson currently has a “Buy” rating and a $99.00 price target on the stock. The consensus estimate for Timken’s current full-year earnings is $5.62 per share.

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

TKR has been the topic of several other reports. KeyCorp reduced their price objective on Timken from $104.00 to $90.00 and set an “overweight” rating on the stock in a research report on Wednesday. Evercore ISI decreased their price target on shares of Timken from $94.00 to $87.00 and set an “in-line” rating on the stock in a research note on Monday, August 19th. Citigroup initiated coverage on shares of Timken in a research report on Monday, October 14th. They issued a “neutral” rating and a $90.00 price objective for the company. Finally, Oppenheimer decreased their target price on shares of Timken from $102.00 to $97.00 and set an “outperform” rating on the stock in a research report on Wednesday. Eight research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Timken has an average rating of “Hold” and an average target price of $89.60.

Timken Price Performance

TKR stock opened at $76.85 on Friday. The stock’s 50 day moving average price is $82.41 and its 200 day moving average price is $83.74. The firm has a market cap of $5.39 billion, a P/E ratio of 15.98, a PEG ratio of 1.94 and a beta of 1.43. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.64 and a current ratio of 3.00. Timken has a 1 year low of $70.15 and a 1 year high of $94.71.

Hedge Funds Weigh In On Timken

A number of large investors have recently bought and sold shares of TKR. Fidelis Capital Partners LLC acquired a new stake in shares of Timken during the 1st quarter worth $26,000. Texas Permanent School Fund Corp increased its stake in Timken by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 56,806 shares of the industrial products company’s stock worth $4,967,000 after acquiring an additional 736 shares during the last quarter. Manchester Capital Management LLC raised its holdings in shares of Timken by 51.3% in the 1st quarter. Manchester Capital Management LLC now owns 605 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 205 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Timken by 3.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 4,661 shares of the industrial products company’s stock valued at $407,000 after purchasing an additional 155 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in shares of Timken by 16.2% in the 1st quarter. Oppenheimer & Co. Inc. now owns 59,460 shares of the industrial products company’s stock valued at $5,199,000 after purchasing an additional 8,285 shares in the last quarter. Hedge funds and other institutional investors 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.