About Timken Co (NYSE:TKR)
The Timken Company engineers, manufactures and markets bearings, transmissions, gearboxes, belts, chain, couplings and related products and offers a spectrum of power system rebuild and repair services across the world. The Company operates through two segments: Mobile Industries and Process Industries. Its Mobile Industries segment offers a portfolio of bearings, seals, lubrication devices and systems, as well as power transmission components, engineered chain, augers, belts and related products and maintenance services to original equipment manufacturers (OEMs) and end users of off-highway equipment for the agricultural, construction, mining, outdoor power equipment and powersports markets; on-highway vehicles, including passenger cars, light trucks and medium- and heavy-duty trucks; rail cars, and locomotives. Its Process Industries segment supplies industrial bearings and assemblies, power transmission components, and related products and services to OEMs and end users.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Machine Tools & Accessories
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:TKR
- CUSIP: 88738910
- Web: www.timken.com
- Market Cap: $3.54 billion
- Outstanding Shares: 77,993,000
- 50 Day Moving Avg: $46.14
- 200 Day Moving Avg: $42.89
- 52 Week Range: $28.72 - $51.75
Sales & Book Value:
- Trailing P/E Ratio: 28.89
- Foreward P/E Ratio: 15.95
- P/E Growth: 2.94
- Annual Revenue: $2.69 billion
- Price / Sales: 1.32
- Book Value: $16.94 per share
- Price / Book: 2.68
- Annual Dividend: $1.04
- Dividend Yield: 2.4%
- EBIDTA: $382.3 million
- Net Margins: 5.72%
- Return on Equity: 11.56%
- Return on Assets: 5.57%
- Debt-to-Equity Ratio: 0.49%
- Current Ratio: 2.66%
- Quick Ratio: 1.45%
- Average Volume: 868,660 shs.
- Beta: 1.39
- Short Ratio: 3.42
Frequently Asked Questions for Timken Co (NYSE:TKR)
What is Timken Co's stock symbol?
Timken Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "TKR."
How often does Timken Co pay dividends? What is the dividend yield for Timken Co?
Timken Co announced a quarterly dividend on Tuesday, May 9th. Shareholders of record on Friday, May 19th will be given a dividend of $0.27 per share on Thursday, June 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Wednesday, May 17th. This is a boost from Timken Co's previous quarterly dividend of $0.26. View Timken Co's Dividend History.
How will Timken Co's stock buyback program work?
Timken Co announced that its Board of Directors has initiated a stock buyback program on Saturday, April 8th 2017, which authorizes the company to buyback 10,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its shares are undervalued.
How were Timken Co's earnings last quarter?
Timken Co (NYSE:TKR) issued its quarterly earnings data on Wednesday, April, 26th. The company reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.12. The business had revenue of $703.80 million for the quarter, compared to analysts' expectations of $649.70 million. Timken Co had a return on equity of 11.56% and a net margin of 5.72%. The company's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.46 earnings per share. View Timken Co's Earnings History.
When will Timken Co make its next earnings announcement?
What guidance has Timken Co issued on next quarter's earnings?
Timken Co updated its FY17 earnings guidance on Wednesday, April, 26th. The company provided earnings per share (EPS) guidance of $2.35-2.45 for the period, compared to the Thomson Reuters consensus estimate of $2.16. The company issued revenue guidance of +5-6% to ~$2.80-2.83 billion, compared to the consensus revenue estimate of $2.66 billion.
Where is Timken Co's stock going? Where will Timken Co's stock price be in 2017?
7 brokerages have issued 1-year price objectives for Timken Co's stock. Their forecasts range from $35.00 to $55.00. On average, they anticipate Timken Co's stock price to reach $42.86 in the next twelve months. View Analyst Ratings for Timken Co.
What are analysts saying about Timken Co stock?
Here are some recent quotes from research analysts about Timken Co stock:
- 1. According to Zacks Investment Research, "The Timken Company engineers, manufactures and markets bearings, transmissions, gearboxes, belts, chain and related products, and offers a spectrum of powertrain rebuild and repair services. The leading authority on tapered roller bearings, Timken today applies its deep knowledge of metallurgy, tribology and mechanical power transmission across a variety of bearings and related systems to improve reliability and efficiency of machinery and equipment all around the world. The company's growing product and services portfolio features many strong industrial brands including Timken, Fafnir, Philadelphia Gear, Carlisle, Drives and Interlube. " (4/29/2017)
- 2. Jefferies Group LLC analysts commented, "TKR reported 4Q EPS of $0.47, ex. charges, vs. Jefferies and Consensus estimates of $0.45, while revenues were down ~8% from 4Q15 vs. Consensus expectations of down ~10%. 2017 adjusted EPS guidance of $2.05-$2.15 assumes flat sales and a $0.15 benefit from a pension accounting change. While TKR noted improvements in order trends and customer inquiries, the company believes it's too early to factor in a meaningful end market recovery." (2/13/2017)
Who are some of Timken Co's key competitors?
Some companies that are related to Timken Co include G4S (GFSZY), Flowserve Corp (FLS), Hubbell Incorporated (HUBB), Donaldson Company (DCI), Graco (GGG), Alcoa Corp (AA), Lincoln Electric Holdings (LECO), Zebra Technologies Corp. (ZBRA), Reliance Steel & Aluminum Co (RS), AptarGroup (ATR), AGCO (AGCO), Sonoco Products Co (SON), Colfax Corp (CFX), MSC Industrial Direct Co (MSM), Metso Oyj (MXCYY), Bemis Company (BMS), Graphic Packaging Holding Company (GPK) and Owens-Illinois (OI).
Who owns Timken Co stock?
Timken Co's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.89%), BlackRock Inc. (7.30%), Boston Partners (3.73%), Wellington Management Group LLP (2.84%), State Street Corp (2.45%) and Dimensional Fund Advisors LP (2.32%). Company insiders that own Timken Co stock include Jacqueline F Woods, Philip D Fracassa, Ronald J Myers, Shelly Marie Chadwick, Ward J Timken Jr and William R Burkhart. View Institutional Ownership Trends for Timken Co.
Who sold Timken Co stock? Who is selling Timken Co stock?
Timken Co's stock was sold by a variety of institutional investors in the last quarter, including First Eagle Investment Management LLC, Bank of New York Mellon Corp, TIAA CREF Investment Management LLC, Morgan Stanley, Credit Suisse AG, Schroder Investment Management Group, LSV Asset Management and Deprince Race & Zollo Inc.. Company insiders that have sold Timken Co stock in the last year include Jacqueline F Woods, Philip D Fracassa, Ronald J Myers, Shelly Marie Chadwick, Ward J Timken Jr and William R Burkhart. View Insider Buying and Selling for Timken Co.
Who bought Timken Co stock? Who is buying Timken Co stock?
Timken Co's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Wellington Management Group LLP, Victory Capital Management Inc., Boston Partners, Columbus Circle Investors, Prudential Financial Inc., AQR Capital Management LLC and Vanguard Group Inc.. View Insider Buying and Selling for Timken Co.
How do I buy Timken Co stock?
Shares of Timken Co can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Timken Co stock cost?
One share of Timken Co stock can currently be purchased for approximately $45.45.
Earnings History for Timken Co (NYSE:TKR)Earnings History by Quarter for Timken Co (NYSE:TKR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017|| || || || || || || || |
|4/26/2017||Q1 2017||$0.43||$0.55||$649.70 million||$703.80 million||View||N/A|
|10/27/2016||Q316||$0.46||$0.49||$1.28 billion||$657.40 million||View||Listen|
|7/28/2016||Q216||$0.50||$0.55||$691.51 million||$673.50 million||View||Listen|
|4/27/2016||Q116||$0.43||$0.46||$666.88 million||$684.00 million||View||Listen|
|2/3/2016||Q415||$0.43||$0.59||$666.76 million||$714.40 million||View||N/A|
|10/28/2015||Q315||$0.53||$0.55||$696.09 million||$707.40 million||View||Listen|
|7/30/2015||Q215||$0.57||$0.57||$740.56 million||$728.00 million||View||Listen|
|4/30/2015||Q115||$0.56||$0.50||$724.38 million||$723.00 million||View||Listen|
|1/29/2015||Q414||$0.61||$0.65||$770.68 million||$762.20 million||View||Listen|
|10/28/2014||Q314||$0.65||$0.77||$783.11 million||$788.00 million||View||Listen|
|7/31/2014||Q214||$0.67||$0.65||$800.10 million||$789.00 million||View||Listen|
|4/24/2014||Q114||$0.81||$0.90||$1.12 billion||$1.10 billion||View||Listen|
|1/30/2014||Q413||$0.75||$0.78||$1.04 billion||$1.06 billion||View||Listen|
|10/24/2013||Q313||$0.89||$0.54||$1.15 billion||$1.06 billion||View||Listen|
|7/25/2013||Q2 2013||$0.97||$0.93||$1.19 billion||$1.13 billion||View||Listen|
|4/24/2013||Q1 2013||$0.79||$0.80||$1.17 billion||$1.10 billion||View||Listen|
|1/24/2013||Q4 2012||$0.63||$0.78||$1.06 billion||$1.10 billion||View||Listen|
Earnings Estimates for Timken Co (NYSE:TKR)
2017 EPS Consensus Estimate: $2.29
2018 EPS Consensus Estimate: $2.69
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Timken Co (NYSE:TKR)
|Dividend Growth:||4.20% (3 Year Average)|
|Payout Ratio:||54.17% (Trailing 12 Months of Earnings) |
42.45% (Based on This Year's Estimates)
36.49% (Based on Next Year's Estimates)
|Track Record:||3 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Timken Co (NYSE:TKR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Timken Co (NYSE:TKR)
Insider Ownership Percentage: 10.30%Insider Trades by Quarter for Timken Co (NYSE:TKR)
Institutional Ownership Percentage: 75.87%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/10/2017||William R Burkhart||EVP||Sell||32,580||$47.94||$1,561,885.20|| |
|4/28/2017||Ronald J Myers||VP||Sell||5,198||$48.12||$250,127.76|| |
|2/21/2017||Philip D Fracassa||CFO||Sell||4,222||$44.48||$187,794.56|| |
|2/21/2017||Shelly Marie Chadwick||Insider||Sell||2,322||$44.75||$103,909.50|| |
|2/15/2017||Ward J Timken Jr||Director||Sell||48,073||$45.12||$2,169,053.76|| |
|2/13/2017||William R Burkhart||EVP||Sell||29,542||$45.49||$1,343,865.58|| |
|8/29/2016||William R Burkhart||EVP||Sell||4,235||$34.37||$145,556.95|| |
|8/24/2016||Philip D Fracassa||CFO||Sell||2,229||$34.27||$76,387.83|| |
|5/31/2016||Jacqueline F Woods||Director||Sell||2,500||$33.74||$84,350.00|| |
|5/24/2016||Jacqueline F Woods||Director||Sell||1,250||$33.27||$41,587.50|| |
|5/21/2015||Ward J Timken Jr||Director||Sell||88,314||$40.63||$3,588,197.82|| |
|8/28/2014||Jacqueline F Woods||Director||Sell||1,340||$45.43||$60,876.20|| |
|2/14/2014||Glenn Eisenberg||VP||Sell||11,016||$59.60||$656,553.60|| |
|5/24/2013||Jacqueline F Woods||Director||Sell||3,640||$56.20||$204,568.00|| |
|5/15/2013||John M Timken Jr||Director||Sell||10,460||$56.87||$594,860.20|| |
|5/14/2013||William R Burkhart||SVP||Sell||6,900||$57.16||$394,404.00|| |
|5/10/2013||John Theodore Mihaila||SVP||Sell||3,851||$56.94||$219,275.94|| |
|5/9/2013||Glenn A Eisenberg||VP||Sell||18,775||$56.53||$1,061,350.75|| |
|5/9/2013||Richard G Kyle||Insider||Sell||11,201||$56.20||$629,496.20|| |
|5/8/2013||Donald L Walker||SVP||Sell||5,591||$56.41||$315,388.31|| |
Headline Trends for Timken Co (NYSE:TKR)
Latest Headlines for Timken Co (NYSE:TKR)
|Timken Co (TKR) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - May 20 at 12:12 AM
|The Timken Co. : TKR-US: Dividend Analysis : May 19th, 2017 (record date) : By the numbers : May 19, 2017|
finance.yahoo.com - May 19 at 1:12 PM
|Timken Co (TKR) EVP Sells $1,561,885.20 in Stock|
www.americanbankingnews.com - May 12 at 4:26 PM
| Brokerages Expect Timken Co (TKR) Will Announce Quarterly Sales of $711.47 Million|
www.americanbankingnews.com - May 11 at 11:18 AM
|Timken Named One of America's Best Large Employers by Forbes|
finance.yahoo.com - May 10 at 10:20 AM
|Zacks: Brokerages Anticipate Timken Co (TKR) Will Post Earnings of $0.62 Per Share|
www.americanbankingnews.com - May 9 at 2:20 PM
|Timken Co (TKR) to Issue Quarterly Dividend of $0.27|
www.americanbankingnews.com - May 9 at 11:26 AM
|Timken Increases Quarterly Dividend 4% to 27 Cents Per Share|
finance.yahoo.com - May 9 at 10:04 AM
|Timken raises quarterly dividend by 4% to 27 cents a share|
finance.yahoo.com - May 9 at 10:04 AM
|AK Steel Holding's and TimkenSteel's Stocks Tumbled Double Digits in April: Watch One, Avoid Another|
www.fool.com - May 9 at 9:57 AM
|Jason Rebucci Named President of PT Tech, LLC, a Newly-Acquired Industrial Clutches and Brakes Business|
finance.yahoo.com - May 8 at 7:44 PM
|Timken (TKR) Agrees to Acquire PT Tech Inc.|
www.streetinsider.com - May 6 at 7:58 PM
|Timken Acquires PT Tech, Adding Industrial Clutches and Brakes to Its Mechanical Power Transmission Portfolio|
finance.yahoo.com - May 5 at 8:53 AM
|Timken (TKR) Receives Media Sentiment Rating of 0.15|
www.americanbankingnews.com - May 3 at 8:36 PM
|ETFs with exposure to The Timken Co. : May 2, 2017|
finance.yahoo.com - May 2 at 6:13 PM
|Timken Co to Post FY2019 Earnings of $2.60 Per Share, Gabelli Forecasts (TKR)|
www.americanbankingnews.com - May 2 at 4:56 PM
|Timken Co (TKR) VP Sells $250,127.76 in Stock|
www.americanbankingnews.com - May 1 at 8:22 PM
|The Timken Co. :TKR-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017|
finance.yahoo.com - May 1 at 7:24 PM
|Timken to Host and Webcast Investor Day on May 19 in New York City|
finance.yahoo.com - May 1 at 7:24 PM
|FY2017 EPS Estimates for Timken Co (TKR) Boosted by Analyst|
www.americanbankingnews.com - May 1 at 9:22 AM
|Timken Co (TKR) to Post Q2 2017 Earnings of $0.57 Per Share, KeyCorp Forecasts|
www.americanbankingnews.com - May 1 at 7:26 AM
|Positive Press Coverage Extremely Likely to Affect Timken (TKR) Stock Price|
www.americanbankingnews.com - April 30 at 1:08 PM
|Timken Co (TKR) Upgraded to "Buy" by Zacks Investment Research|
www.americanbankingnews.com - April 29 at 7:54 AM
|Timken Co (TKR) Given Buy Rating at Stifel Nicolaus|
www.americanbankingnews.com - April 28 at 5:18 PM
|Q2 2017 EPS Estimates for Timken Co (TKR) Lifted by Jefferies Group|
www.americanbankingnews.com - April 28 at 8:42 AM
|The Timken (TKR) Q1 2017 Results - Earnings Call Transcript|
seekingalpha.com - April 27 at 9:31 PM
|Edited Transcript of TKR earnings conference call or presentation 26-Apr-17 3:00pm GMT|
finance.yahoo.com - April 27 at 9:31 PM
|Timken (TKR) Receiving Somewhat Favorable Press Coverage, Analysis Shows|
www.americanbankingnews.com - April 27 at 1:12 PM
|Timken Co. Q1 Profit Climbs 10%|
www.nasdaq.com - April 26 at 3:18 PM
|Timken Co (TKR) Issues Quarterly Earnings Results|
www.americanbankingnews.com - April 26 at 1:40 PM
|Zacks Investment Research Lowers Timken Co (TKR) to Hold|
www.americanbankingnews.com - April 26 at 12:15 PM
|Timken Reports First-Quarter 2017 Results; Raises Full-Year Outlook|
finance.yahoo.com - April 26 at 8:47 AM
|Timken beats 1Q profit forecasts|
finance.yahoo.com - April 26 at 8:47 AM
|Timken Co (TKR) Receives Consensus Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - April 25 at 12:52 AM
|The Timken Co. – Value Analysis (NYSE:TKR) : April 24, 2017|
finance.yahoo.com - April 24 at 6:37 PM
|Timken (TKR) Receiving Somewhat Negative Press Coverage, Study Shows|
www.americanbankingnews.com - April 24 at 6:26 PM
|The Timken Co. breached its 50 day moving average in a Bullish Manner : TKR-US : April 21, 2017|
finance.yahoo.com - April 21 at 11:49 AM
|Somewhat Positive Press Coverage Extremely Likely to Affect Timken (TKR) Share Price|
www.americanbankingnews.com - April 20 at 10:35 PM
| Analysts Anticipate Timken Co (TKR) Will Post Quarterly Sales of $644.7 Million|
www.americanbankingnews.com - April 20 at 12:35 PM
|Timken Co (TKR) Expected to Post Earnings of $0.43 Per Share|
www.americanbankingnews.com - April 18 at 6:24 PM
|Timken's (TKR) "Hold" Rating Reaffirmed at Jefferies Group LLC|
www.americanbankingnews.com - April 18 at 9:48 AM
|Timken (TKR) Earning Somewhat Positive Press Coverage, Report Finds|
www.americanbankingnews.com - April 17 at 4:39 PM
|Very Positive Media Coverage Extremely Likely to Effect Timken (TKR) Share Price|
www.americanbankingnews.com - April 14 at 8:16 AM
|Timken to Announce First-Quarter 2017 Financial Results on April 26|
finance.yahoo.com - April 10 at 7:44 PM
|Timken (TKR) to Buyback 10,000,000 Shares|
www.americanbankingnews.com - April 8 at 8:34 AM
|ETFs with exposure to The Timken Co. : April 7, 2017|
finance.yahoo.com - April 7 at 6:02 PM
|Timken (TKR) Announces Acquisition of Torsion Control Products|
www.streetinsider.com - April 7 at 1:01 PM
|Timken Acquires Torsion Control Products, Broadening Its Couplings Product Line|
finance.yahoo.com - April 7 at 1:01 PM
|Timken Co (TKR) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - March 30 at 1:43 PM
|TKR Crosses Above Average Analyst Target|
www.nasdaq.com - March 14 at 9:01 AM
Timken Co (TKR) Chart for Monday, May, 22, 2017