DA Davidson Issues Pessimistic Estimate for Timken Earnings

Timken Company (The) (NYSE:TKR - Free Report) - Research analysts at DA Davidson cut their Q2 2025 EPS estimates for shares of Timken in a research report issued to clients and investors on Wednesday, July 23rd. DA Davidson analyst M. Shlisky now forecasts that the industrial products company will post earnings per share of $1.36 for the quarter, down from their prior forecast of $1.44. DA Davidson has a "Neutral" rating and a $80.00 price target on the stock. The consensus estimate for Timken's current full-year earnings is $5.62 per share.

Several other research analysts have also recently weighed in on the stock. Morgan Stanley lowered their price target on shares of Timken from $94.00 to $88.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Jefferies Financial Group reaffirmed a "hold" rating and issued a $70.00 target price (down previously from $90.00) on shares of Timken in a research report on Wednesday, April 2nd. Loop Capital decreased their target price on shares of Timken from $85.00 to $65.00 and set a "hold" rating on the stock in a research report on Thursday, April 17th. Evercore ISI decreased their target price on shares of Timken from $102.00 to $85.00 and set an "outperform" rating on the stock in a research report on Monday, May 19th. Finally, The Goldman Sachs Group cut their price target on shares of Timken from $85.00 to $75.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Timken currently has a consensus rating of "Hold" and a consensus target price of $79.90.

Timken Price Performance

Shares of Timken stock traded up $0.92 during trading hours on Thursday, reaching $81.68. 373,194 shares of the company's stock were exchanged, compared to its average volume of 568,308. Timken has a 1 year low of $56.20 and a 1 year high of $90.49. The company has a market capitalization of $5.71 billion, a P/E ratio of 17.60, a price-to-earnings-growth ratio of 1.75 and a beta of 1.27. The business has a fifty day moving average of $73.78 and a two-hundred day moving average of $73.10. The company has a quick ratio of 1.71, a current ratio of 3.15 and a debt-to-equity ratio of 0.68.

Timken (NYSE:TKR - Get Free Report) last posted its earnings results on Wednesday, April 30th. The industrial products company reported $1.40 earnings per share for the quarter, missing the consensus estimate of $1.43 by ($0.03). The firm had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.13 billion. Timken had a net margin of 7.24% and a return on equity of 12.62%. Timken's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period last year, the firm earned $1.77 earnings per share.

Institutional Investors Weigh In On Timken

Several large investors have recently modified their holdings of TKR. Livelsberger Financial Advisory acquired a new stake in shares of Timken during the second quarter worth $28,000. Steph & Co. purchased a new position in Timken in the second quarter worth $37,000. CWM LLC raised its position in Timken by 31.4% in the second quarter. CWM LLC now owns 527 shares of the industrial products company's stock worth $38,000 after acquiring an additional 126 shares in the last quarter. Parvin Asset Management LLC purchased a new position in Timken in the fourth quarter worth $66,000. Finally, UMB Bank n.a. raised its position in Timken by 400.0% in the first quarter. UMB Bank n.a. now owns 1,000 shares of the industrial products company's stock worth $72,000 after acquiring an additional 800 shares in the last quarter. 89.08% of the stock is owned by institutional investors and hedge funds.

Timken Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th were paid a $0.35 dividend. This is a positive change from Timken's previous quarterly dividend of $0.34. This represents a $1.40 annualized dividend and a yield of 1.71%. The ex-dividend date was Tuesday, May 13th. Timken's dividend payout ratio is currently 30.17%.

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.