Check Out Timken Co. (TKR)’s Trade Data Rather Than the Analysts’ Views

With 0.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. During the session, the Tools & Accessories company that operates in wider Industrials sector, reached to the highest price of $85.5156 whereas the lowest price it dropped to was $83.91. The 52-week range on TKR shows that it touched its highest point at $95.08 and its lowest point at $65.71 during that stretch. It currently has a 1-year price target of $86.55. With its current market cap of 5.90 billion, TKR has annualized dividend of $1.32 while the current yield stands at 1.57%. Beta for the stock currently stands at 1.53.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TKR was down-trending over the past week, with a drop of -2.75%, but this was down by -0.89% over a month. Three-month performance surged to 7.59% while six-month performance rose 12.98%. The stock gained 7.80% in the past year, while it has gained 5.04% so far this year. A look at the trailing 12-month EPS for TKR yields 5.45 with Next year EPS estimates of 6.87. For the next quarter, that number is 1.51. This implies an EPS growth rate of -14.11% for this year and 13.45% for next year. EPS is expected to grow by 12.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.18%.

Float and Shares Shorts:

At present, 70.13 million TKR shares are outstanding with a float of 62.93 million shares on hand for trading. On 2024-03-28, short shares totaled 1.4 million, which was 199.00000000000003 higher than short shares on 1709164800. In addition to Mr. Richard G. Kyle as the firm’s President, CEO & Director, Mr. Philip D. Fracassa serves as its Executive VP, CFO & Principal Accounting Officer.

Institutional Ownership:

Through their ownership of 0.86208 of TKR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, TKR reported revenue of $1091200000.0 and operating income of $125200000.0. The EBITDA in the recently reported quarter was $149800000.0 and diluted EPS was $0.83.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TKR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.