Zacks Research Issues Negative Forecast for Timken Earnings


Zacks Research Issues Negative Forecast for Timken Earnings

The Timken Company (NYSE:TKR - Free Report) - Equities research analysts at Zacks Research decreased their Q1 2025 earnings per share estimates for Timken in a note issued to investors on Wednesday, February 19th. Zacks Research analyst M. Das now forecasts that the industrial products company will earn $1.42 per share for the quarter, down from their previous estimate of $1.74. The consensus estimate for Timken's current full-year earnings is $5.62 per share. Zacks Research also issued estimates for Timken's Q2 2025 earnings at $1.51 EPS, Q4 2025 earnings at $1.31 EPS, FY2025 earnings at $5.62 EPS, Q1 2026 earnings at $1.66 EPS, Q2 2026 earnings at $1.73 EPS, Q3 2026 earnings at $1.63 EPS, Q4 2026 earnings at $1.50 EPS and FY2026 earnings at $6.52 EPS.

Timken (NYSE:TKR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.16 EPS for the quarter, beating the consensus estimate of $1.08 by $0.08. Timken had a return on equity of 13.93% and a net margin of 7.71%.

Several other research firms have also issued reports on TKR. Jefferies Financial Group upgraded Timken from a "hold" rating to a "buy" rating and upped their price objective for the company from $80.00 to $95.00 in a research note on Friday, December 6th. KeyCorp restated a "sector weight" rating on shares of Timken in a research note on Friday, November 22nd. Morgan Stanley upped their price objective on Timken from $93.00 to $94.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. DA Davidson dropped their price objective on Timken from $103.00 to $99.00 and set a "buy" rating on the stock in a research note on Wednesday, November 6th. Finally, Oppenheimer dropped their price objective on Timken from $102.00 to $97.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 6th. Four equities research 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $92.70.

Check Out Our Latest Research Report on Timken

Shares of NYSE TKR opened at $81.26 on Monday. The stock has a 50 day moving average price of $76.61 and a 200 day moving average price of $79.32. Timken has a 52 week low of $69.35 and a 52 week high of $94.71. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.61 and a current ratio of 3.07. The stock has a market capitalization of $5.70 billion, a PE ratio of 16.28, a price-to-earnings-growth ratio of 1.51 and a beta of 1.39.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Tuesday, February 25th will be issued a $0.34 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $1.36 annualized dividend and a yield of 1.67%. Timken's dividend payout ratio is presently 27.25%.

In other Timken news, CFO Philip D. Fracassa sold 5,000 shares of Timken stock in a transaction on Friday, February 7th. The stock was sold at an average price of $81.50, for a total value of $407,500.00. Following the completion of the transaction, the chief financial officer now directly owns 90,541 shares of the company's stock, valued at $7,379,091.50. The trade was a 5.23 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 8.70% of the company's stock.

Hedge funds and other institutional investors have recently modified their holdings of the business. Vestcor Inc bought a new position in shares of Timken in the 3rd quarter valued at $560,000. TT International Asset Management LTD grew its position in Timken by 1,075.2% during the 3rd quarter. TT International Asset Management LTD now owns 39,274 shares of the industrial products company's stock worth $3,310,000 after acquiring an additional 35,932 shares during the last quarter. Barclays PLC grew its position in Timken by 221.6% during the 3rd quarter. Barclays PLC now owns 86,667 shares of the industrial products company's stock worth $7,307,000 after acquiring an additional 59,716 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Timken during the 3rd quarter worth $2,863,000. Finally, Harbor Capital Advisors Inc. grew 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 worth $4,327,000 after acquiring an additional 13,697 shares during the last quarter. Institutional investors own 89.08% of the company's stock.

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 instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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