Timken (NYSE:TKR) Releases FY 2025 Earnings Guidance

Timken (NYSE:TKR) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 5.300-5.800 for the period, compared to the consensus EPS estimate of 6.290. The company issued revenue guidance of $4.4 billion-$4.5 billion, compared to the consensus revenue estimate of $4.7 billion.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Citigroup decreased their price target on Timken from $90.00 to $85.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Oppenheimer dropped their target price on shares of Timken from $102.00 to $97.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Bank of America upgraded shares of Timken from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $73.00 to $78.00 in a research report on Tuesday. Morgan Stanley upgraded shares of Timken from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $82.00 to $93.00 in a research report on Tuesday, December 17th. Finally, Evercore ISI raised Timken from an “in-line” rating to an “outperform” rating and raised their target price for the company from $87.00 to $91.00 in a report on Wednesday, November 13th. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $91.09.

Timken Price Performance

TKR stock traded up $2.96 during midday trading on Wednesday, reaching $81.87. 839,474 shares of the stock were exchanged, compared to its average volume of 656,563. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.00 and a quick ratio of 1.62. The stock has a market capitalization of $5.74 billion, a PE ratio of 17.02, a P/E/G ratio of 1.04 and a beta of 1.39. Timken has a 52 week low of $69.35 and a 52 week high of $94.71. The company has a fifty day moving average price of $75.20 and a 200 day moving average price of $79.39.

Timken (NYSE:TKR) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.08. Timken had a return on equity of 14.82% and a net margin of 7.41%. As a group, analysts expect that Timken will post 5.61 EPS for the current fiscal year.

Timken Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Tuesday, November 19th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.66%. The ex-dividend date was Tuesday, November 19th. Timken’s payout ratio is currently 28.27%.

Insider Buying and Selling

In other news, Director Richard G. Kyle sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $76.59, for a total value of $2,297,700.00. Following the transaction, the director now owns 194,485 shares in the company, valued at approximately $14,895,606.15. The trade was a 13.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 8.70% of the stock is currently owned by insiders.

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.