NYSE:TKR

Timken - TKR Stock Forecast, Price & News

$59.04

+0.19 (+0.32%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $58.93
▼
$60.63
50-Day Range: $58.85
▼
$68.94
52-Week Range: $50.85
▼
$78.51

Volume: 784,535 shs
Average Volume: 524,986 shs
Market Capitalization: $4.34 billion

P/E Ratio: 11.95
Dividend Yield: 2.11%
Price Target: $74.22

Timken MarketRank™ Forecast

Analyst Rating: Hold
2.43 Rating Score
Upside/Downside: 26.7% Upside
$74.78 Price Target
Short Interest: Healthy
3.05% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -2.08
Upright™ Environmental Score
News Sentiment: 0.33
Based on 10 Articles This Week
Insider Trading: Selling Shares
$1.09 M Sold Last Quarter
Proj. Earnings Growth: 10.12%
From $5.63 to $6.20 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.93 out of 5 stars

Industrial Products Sector

19th out of 187 stocks

Ball & Roller Bearings Industry

1st out of 2 stocks

3.2

Analyst's Opinion

Consensus Rating
Timken has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $74.78, Timken has a forecasted upside of 26.7% from its current price of $59.04.
Amount of Analyst Coverage
Timken has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.05% of the float of Timken has been sold short.
Short Interest Ratio / Days to Cover
Timken has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Timken has recently decreased by 1.49%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Timken pays a meaningful dividend of 2.11%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Timken has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Timken is 25.10%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Timken will have a dividend payout ratio of 20.00% next year. This indicates that Timken will be able to sustain or increase its dividend.

1.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Timken has received a -28.45% net impact score from Upright. The largest negative impact of Timken in category "GHG emissions" seems to be driven mostly by its "Bearing housings", "Ball and roller bearings", and "Belt drives" products. See details.
Environmental Sustainability
The Environmental Impact score for Timken is -2.08.

1.9

News and Social Media Coverage

News Sentiment
Timken has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Timken this week, compared to 3 articles on an average week.
MarketBeat Follows
Only 4 people have added Timken to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Timken insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,087,248.00 in company stock.
Percentage Held by Insiders
10.79% of the stock of Timken is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
81.39% of the stock of Timken is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Timken are expected to grow by 10.12% in the coming year, from $5.63 to $6.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Timken is 11.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of Timken is 11.95, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 23.41.
Price to Earnings Growth Ratio
Timken has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Timken has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Timken (NYSE:TKR) Stock

The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, and lubrication devices and systems, as well as power transmission components, engineered chains, augers, belts, couplings, clutches, brakes, 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 power sports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives. It also provides power transmission systems and flight-critical components for civil and military aircraft, which include bearings, rotor-head assemblies, helicopter transmission systems, turbine engine components, gears, and housings. This segment sells its parts through a network of authorized automotive and heavy-truck distributors to individual end-users, equipment owners, operators, and maintenance shops. The Process Industries segment provides industrial bearings and assemblies; power transmission components, such as gears and gearboxes; and linear motion products, couplings, seals, lubricants, chains, belts, and related products and services to OEMs and end-users in various industries. It also offers aftermarket sales and service needs through a network of authorized industrial distributors; and repair and service for bearings and gearboxes, as well as electric motor rewind, repair, and services to end-users. The company offers its products under the Timken, Philadelphia Gear, Drives, Cone Drive, Rollon, Lovejoy, Diamond, BEKA, and Groeneveld brands. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.

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TKR Stock News Headlines

September 30, 2022 | benzinga.com

4 Analysts Have This to Say About Timken - Timken (NYSE:TKR) - Benzinga

September 28, 2022 | finance.yahoo.com

Timken to Hold Sept. 28 Investor Day; Will Highlight Accomplishments and Outline Plans to Deliver Future Growth

September 27, 2022 | finance.yahoo.com

Timken Issues Annual CSR Report, Sets 2030 Target for Greenhouse Gas Emissions

September 27, 2022 | finance.yahoo.com

Timken Issues Annual CSR Report, Sets 2030 Target for Greenhouse Gas Emissions

September 27, 2022 | americanbankingnews.com

The Timken Company (NYSE:TKR) Receives Consensus Rating of "Moderate Buy" from Analysts

September 26, 2022 | finance.yahoo.com

Timken Celebrates Century of Trading on New York Stock Exchange

September 23, 2022 | finance.yahoo.com

Timken (TKR) is a Top Dividend Stock Right Now: Should You Buy?

September 19, 2022 | globenewswire.com

Tapered Roller Bearings Confirm Export Market Expansion: Now Shipping to Over 100 Countries Worldwide - GlobeNewswire

September 9, 2022 | benzinga.com

Timken Company (TKR) – Timken to Host Investor Day on Sept. 28 - Benzinga

September 8, 2022 | msn.com

Aultman's Timken Family Cancer Center opens to patients Monday

September 7, 2022 | finance.yahoo.com

Timken to Host Investor Day on Sept. 28 - Yahoo Finance

September 7, 2022 | seekingalpha.com

Enpro to sell GGB business to Timken for $305M, reviewing GPT sale (NYSE:NPO) - Seeking Alpha

September 7, 2022 | investors.com

Stocks With Rising Relative Strength: Timken | Investor's Business Daily - Investor's Business Daily

September 6, 2022 | streetinsider.com

Form 8-K ENPRO INDUSTRIES, INC For: Sep 05 - StreetInsider.com

September 6, 2022 | businesswire.com

Enpro Announces Agreement to Sell GGB to Timken for $305 Million - Business Wire

September 6, 2022 | finance.yahoo.com

Timken to Acquire GGB Bearing Technology, Expanding Its Engineered Bearing Portfolio with Complementary Products

September 5, 2022 | nasdaq.com

Is Now An Opportune Moment To Examine The Timken Company (NYSE:TKR)? - Nasdaq

August 29, 2022 | businesswire.com

Belt Drives Global Market Report 2022: Critical Importance of Mechanical Belts & Pulleys in Power Transmission Applications a Cornerstone for Present & Future Growth - ResearchAndMarkets.com - Business Wire

August 11, 2022 | nasdaq.com

Ex-Dividend Reminder: Timken, Jabil and Cintas

August 10, 2022 | finance.yahoo.com

Timken Announces Executive Officer Appointments

August 9, 2022 | nasdaq.com

Should You Buy The Timken Company (NYSE:TKR) For Its Upcoming Dividend? - Nasdaq

August 8, 2022 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At Timken (NYSE:TKR) - Yahoo Finance

August 7, 2022 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At Timken (NYSE:TKR)

August 3, 2022 | finance.yahoo.com

Timken Declares Quarterly Dividend of 31 Cents Per Share

July 28, 2022 | benzinga.com

Timken shares are trading higher after the company reported better-than-expected Q2 adjusted EPS and sale - Benzinga

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TKR Company Calendar

Last Earnings: 7/28/2022
Ex-Dividend for 9/2 Dividend: 8/12/2022
Dividend Payable: 9/02/2022
Today: 9/30/2022
Next Earnings (Estimated): 11/07/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Ball & roller bearings
Sub-Industry: Industrial Machinery
Sector: Industrial Products
Current Symbol: NYSE:TKR
CUSIP: 88738910
CIK: 98362
Web: www.timken.com
Phone: (234) 262-3000
Fax: 330-458-6006
Employees: 18,000
Year Founded: 1899

Price Target and Rating

Average Stock Price Forecast: $74.78
High Stock Price Forecast: $80.00
Low Stock Price Forecast: $64.00
Forecasted Upside/Downside: +25.7%
Consensus Rating: Hold
Rating Score (0-4): 2.43
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.94
Trailing P/E Ratio: 11.95
Forward P/E Ratio: 10.49
P/E Growth: 0.9
Net Income: $369.10 million
Net Margins: 8.66%
Pretax Margin: 11.76%
Return on Equity: 16.86%
Return on Assets: 7.47%

Debt

Debt-to-Equity Ratio: 0.76
Current Ratio: 2.69
Quick Ratio: 1.44

Sales & Book Value

Annual Sales: $4.13 billion
Price / Sales: 1.05
Cash Flow: $6.76 per share
Price / Cash Flow: 8.73
Book Value: $31.34 per share
Price / Book: 1.88

Miscellaneous

Outstanding Shares: 73,447,000
Free Float: 65,522,000
Market Cap: $4.34 billion
Optionable: Optionable
Beta: 1.59

Social Links

Key Executives

Mr. Richard G. Kyle (Age 56)
Pres, CEO & Director
Comp: $2.57M

Mr. Philip D. Fracassa (Age 54)
Exec. VP, CFO & Principal Accounting Officer
Comp: $1.08M

Mr. Hansal N. Patel (Age 41)
VP, Gen. Counsel & Sec.
Comp: $667.38k

Mr. Christopher A. Coughlin (Age 61)
Exec. VP & Pres of Industrial Motion
Comp: $1.07M

Mr. Karl Andreas Roellgen (Age 54)
Exec. VP & Pres of Engineered Bearings
Comp: $599.53k

Mr. Douglas H. Smith
VP of Technology

Mr. Neil Andrew Frohnapple
Director of Investor Relations

Ms. Kari Groh
VP of Communications & PR

Mr. Michael J. Connors
VP of Global Marketing

Ms. Natasha Pollock
VP of HR

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TKR Stock - Frequently Asked Questions

Should I buy or sell Timken stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Timken in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TKR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TKR, but not buy additional shares or sell existing shares.
View TKR analyst ratings or view top-rated stocks.
What is Timken's stock price forecast for 2022?: 7 brokers have issued 1-year target prices for Timken's shares. Their TKR share price forecasts range from $64.00 to $80.00. On average, they predict the company's stock price to reach $74.78 in the next year. This suggests a possible upside of 24.3% from the stock's current price.
View analysts price targets for TKR or view top-rated stocks among Wall Street analysts.
How have TKR shares performed in 2022?: Timken's stock was trading at $69.29 on January 1st, 2022. Since then, TKR shares have decreased by 13.2% and is now trading at $60.16.
View the best growth stocks for 2022 here.
When is Timken's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our TKR earnings forecast.
How were Timken's earnings last quarter?: The Timken Company (NYSE:TKR) issued its quarterly earnings data on Thursday, July, 28th. The industrial products company reported $1.67 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.32. The industrial products company earned $1.15 billion during the quarter, compared to the consensus estimate of $1.13 billion. Timken had a trailing twelve-month return on equity of 16.86% and a net margin of 8.66%. The firm's quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.37 EPS.
How often does Timken pay dividends? What is the dividend yield for Timken?: Timken announced a quarterly dividend on Wednesday, August 3rd. Stockholders of record on Monday, August 15th will be given a dividend of $0.31 per share on Friday, September 2nd. This represents a $1.24 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Friday, August 12th.
Read our dividend analysis for TKR.
Is Timken a good dividend stock?: Timken (NYSE:TKR) pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.03%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TKR will have a dividend payout ratio of 20.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TKR.
What guidance has Timken issued on next quarter's earnings?: Timken issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $5.50-$5.80 for the period, compared to the consensus EPS estimate of $5.31. The company issued revenue guidance of $4.42 billion-$4.42 billion, compared to the consensus revenue estimate of $4.47 billion.

What is Richard G. Kyle's approval rating as Timken's CEO?: 134 employees have rated Timken Chief Executive Officer Richard G. Kyle on Glassdoor.com. Richard G. Kyle has an approval rating of 84% among the company's employees.
What other stocks do shareholders of Timken own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Timken investors own include TimkenSteel (TMST), Paychex (PAYX), Boeing (BA), General Electric (GE), Starbucks (SBUX), Caterpillar (CAT), Intel (INTC), Procter & Gamble (PG), Cisco Systems (CSCO) and Eaton (ETN).
What is Timken's stock symbol?: Timken trades on the New York Stock Exchange (NYSE) under the ticker symbol "TKR."
How do I buy shares of Timken?: Shares of TKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Timken's stock price today?: One share of TKR stock can currently be purchased for approximately $60.16.
How much money does Timken make?: Timken (NYSE:TKR) has a market capitalization of $4.42 billion and generates $4.13 billion in revenue each year. The industrial products company earns $369.10 million in net income (profit) each year or $4.94 on an earnings per share basis.
How many employees does Timken have?: The company employs 18,000 workers across the globe.
Does Timken have any subsidiaries?: The following companies are subsidiares of Timken: AIPCF V Feeder CTP Belt LLC, Apiary Investments Holdings Limited, Aurora Bearing, Australian Timken Proprietary Limited, BEKA Japan Co. Ltd., BEKA Lubrication, BEKA Lubrication Systems (Kunshan) Co. Ltd., BEKA – Beteiligungs GmbH, BEKALUBE Czech, BEKAWORLD Singapore Pte. Ltd., Bearing Inspection Inc., Beka Lubrication, Beka-Lube GmbH, Bekalube S.R.L., British Timken Limited, Cone Drive, Cone Drive Operations Inc., Cone Drives Operations Ltd., Diamond (Weifang) Power Transmission Co. Ltd., Diamond Chain (UK) Limited, Diamond Chain China Company Inc., Diamond Chain Company, Diamond Chain Company Inc., Diamond Chain Technology (Suzhou) Co. Ltd., Drives Brazil Holdings I LLC, Drives Brazil Holdings II LLC, EDT Corp., Gintec Active Safety Ltd., Greencat GmbH, Greencat Sp. Z.o.o., Groeneveld Groep B.V., Groeneveld Groep Nederland B.V., Groeneveld Group, Groeneveld Immobiliare S.r.l., Groeneveld Italia S.r.l., Groeneveld Latin America Ltda, Groeneveld Lubrication Solutions Inc., Groeneveld Lubrication Solutions Ltd., Groeneveld Polska Sp Z.o.o., Groeneveld Pte. Ltd., Groeneveld Solucoes Em Lubrificacao Ltd., Groeneveld South Africa Pty Ltd., Groeneveld Trading (Shanghai) Co. Ltd., Groeneveld Transport Efficiency B.V., Groeneveld Transport Efficiency International Holding B.V., Groeneveld UK Limited, Groeneveld USA Inc., Groeneveld s.r.o, Groeneveld-BEKA Belgie NV, Groeneveld-BEKA Canada Inc., Groeneveld-BEKA France S.A.R.L., Groeneveld-BEKA GmbH, Groeneveld-BEKA Iberica S.A., Groeneveld-Beka Limited, Groeneveld-Beka Pty Ltd., Interlube Systems Ltd, Interlube UK Limited, Jiangsu TWB Bearings Co. Ltd., Jiangyin Huafang New Energy Hi-Tech Equipment Co. Ltd., Lovejoy Inc, Lovejoy LLC., MAW-Maschinenfabrik Wannberg GmbH, MPB Corporation, PT Tech Europe Ltd., PT Tech LLC, PT Tech LLC, R+L Hydraulics GmbH, ROLLON Corporation, Rail Bearing Service LLC, Rollon, Rollon (Suzhou) Manufacturing Co. Ltd., Rollon GmbH, Rollon India Pvt. Ltd., Rollon Japan KK, Rollon Ltd. UK Limited, Rollon S.a.r.l., Rollon S.p.A., S.E. Setco Service Company LLC, Spinea s.r.o., Standard Machine, TTC Asia Limited, TUBC Limited, The Purdy Corp., The Timken Corporation, The Torrington Company, Timken (Canada) Holdings II ULC, Timken (Canada) Holdings III ULC, Timken (Chengdu) Aerospace and Precision Products Co. Ltd., Timken (China) Investment Co. Ltd., Timken (Hong Kong) Holding Limited, Timken (Hunan) Bearing Co. Ltd., Timken (Shanghai) Distribution and Sales Co. Ltd., Timken (Wuxi) Bearings Co. Ltd., Timken Aerospace Drive Systems LLC, Timken Argentina Sociedad De Responsabilidad Limitada, Timken Aurora Bearing Company, Timken Australia Holdings ULC, Timken Canada GP ULC, Timken Canada LP, Timken Chile S.p.A., Timken Colombia SAS, Timken De Mexico S.A. De C.V., Timken Desford Steel Limited, Timken Do Brasil Comercial Importadora LTDA., Timken Drives LLC, Timken Egypt LLC, Timken Engineering and Research - India Private Limited, Timken Espana S.L., Timken Europe B.V., Timken Gears & Services Inc., Timken Global Treasury SARL, Timken GmbH, Timken Holdings LLC, Timken India Limited, Timken Industrial Services LLC, Timken Italia S.r.l., Timken Italy Holding S.r.l., Timken Korea Limited Liability Corporation, Timken Lux Holdings II S.A R.L., Timken Luxembourg Holdings SARL, Timken Mex Holdings SARL, Timken Mex I LLC, Timken Mex II LLC, Timken Mexico Rodamientos S. de R.L. de C.V., Timken Middle East FZE, Timken Motor & Crane Services LLC, Timken Netherlands B.V., Timken Netherlands Holdings B.V., Timken Newco Corp., Timken Newco I LLC, Timken PWP S.R.L., Timken Polska SP z.o.o., Timken Receivables Corporation, Timken Representative Office Nigeria Limited, Timken Romania SA, Timken Rulman ve Guc Aktarma Sistemleri Ticaret Limited Sirketi, Timken SMO LLC, Timken Service and Sales LLC, Timken Singapore PTE Ltd., Timken South Africa (PTY) Limited, Timken South Africa Holdings Pty Ltd., Timken U.S. Holdings LLC, Timken UK Limited, Timken US LLC, Timken UWC LLC, Timken-Rus Service Company ooo, Torsion Control Products Inc., Torsion Control Products Inc., Wazee Electric, Yantai Timken Co. Ltd., and iMS.
Read More
How can I contact Timken?: Timken's mailing address is 4500 MT. PLEASANT ST. NW, NORTH CANTON OH, 44720. The official website for the company is www.timken.com. The industrial products company can be reached via phone at (234) 262-3000, via email at jason.hershiser@timken.com, or via fax at 330-458-6006.

This page (NYSE:TKR) was last updated on 9/30/2022 by MarketBeat.com Staff

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Timken - TKR Stock Forecast, Price & News

Timken MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability