What is Zacks Research's Estimate for Timken Q1 Earnings?

The Timken Company (NYSE:TKR - Free Report) - Equities research analysts at Zacks Research decreased their Q1 2027 earnings per share estimates for shares of Timken in a research report issued to clients and investors on Friday, May 23rd. Zacks Research analyst M. Das now forecasts that the industrial products company will earn $1.69 per share for the quarter, down from their prior estimate of $1.70. The consensus estimate for Timken's current full-year earnings is $5.62 per share. Zacks Research also issued estimates for Timken's FY2027 earnings at $6.45 EPS.

Timken (NYSE:TKR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $1.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.43 by ($0.03). The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.13 billion. Timken had a return on equity of 13.93% and a net margin of 7.71%. The firm's quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.77 earnings per share.

Several other research analysts have also recently commented on the company. Jefferies Financial Group reissued a "hold" rating and set a $70.00 price target (down from $90.00) on shares of Timken in a research report on Wednesday, April 2nd. DA Davidson increased their price objective on Timken from $66.00 to $71.00 and gave the company a "neutral" rating in a report on Monday, May 5th. The Goldman Sachs Group lowered their target price on shares of Timken from $85.00 to $75.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Loop Capital cut their price target on shares of Timken from $85.00 to $65.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. Finally, Citigroup lifted their price objective on shares of Timken from $70.00 to $75.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Timken presently has an average rating of "Hold" and an average price target of $78.50.

Timken Stock Down 0.8%

NYSE:TKR traded down $0.53 on Monday, hitting $69.17. 26,803 shares of the company's stock were exchanged, compared to its average volume of 690,913. The firm has a 50-day moving average price of $66.70 and a 200-day moving average price of $73.08. Timken has a 52 week low of $56.20 and a 52 week high of $90.49. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.07 and a quick ratio of 1.61. The company has a market cap of $4.84 billion, a P/E ratio of 13.86, a price-to-earnings-growth ratio of 1.51 and a beta of 1.30.

Timken Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date was Tuesday, May 13th. This is a boost from Timken's previous quarterly dividend of $0.34. Timken's dividend payout ratio (DPR) is currently 30.17%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Fairway Wealth LLC acquired a new stake in Timken during the fourth quarter worth approximately $29,000. Amundi lifted its holdings in Timken by 25.8% during the 4th quarter. Amundi now owns 848 shares of the industrial products company's stock worth $61,000 after purchasing an additional 174 shares during the last quarter. Parvin Asset Management LLC bought a new stake in Timken in the 4th quarter valued at $66,000. UMB Bank n.a. grew its holdings in Timken by 400.0% in the 1st quarter. UMB Bank n.a. now owns 1,000 shares of the industrial products company's stock valued at $72,000 after buying an additional 800 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in Timken by 282.3% in the 1st quarter. GAMMA Investing LLC now owns 1,147 shares of the industrial products company's stock valued at $82,000 after buying an additional 847 shares in the last quarter. Institutional investors and hedge funds 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.