NYSE:TMST - Timkensteel Stock Price, Forecast & News

Timkensteel's stock was trading at $3.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TMST stock has decreased by 18.3% and is now trading at $3.17. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Timkensteel in the last year. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Timkensteel.

Timkensteel is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Timkensteel.

Timkensteel Corp (NYSE:TMST) released its quarterly earnings results on Thursday, February, 20th. The basic materials company reported ($0.61) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.52) by $0.09. The basic materials company earned $226.90 million during the quarter, compared to the consensus estimate of $224.60 million. Timkensteel had a negative return on equity of 3.89% and a negative net margin of 7.40%. Timkensteel's revenue for the quarter was down 44.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.89) EPS. View Timkensteel's earnings history.

5 equities research analysts have issued twelve-month price objectives for Timkensteel's stock. Their forecasts range from $5.00 to $7.50. On average, they anticipate Timkensteel's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 89.3% from the stock's current price. View analysts' price targets for Timkensteel.

Media stories about TMST stock have trended negative on Monday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Timkensteel earned a daily sentiment score of -2.8 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutTimkensteel.

Some companies that are related to Timkensteel include USINAS SIDERURG/S (USNZY), AK Steel (AKS), SunCoke Energy (SXC), Mechel PAO (MTL), Titan International (TWI), Universal Stainless & Alloy Products (USAP) and Ossen Innovation (OSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Timkensteel investors own include Timken (TKR), Range Resources (RRC), Callon Petroleum (CPE), Transocean (RIG), Keryx Biopharmaceuticals (KERX), Yamana Gold (AUY), United States Steel (X), Coeur Mining (CDE), Ford Motor (F) and Freeport-McMoRan (FCX).

Timkensteel trades on the New York Stock Exchange (NYSE) under the ticker symbol "TMST."

Timkensteel's stock is owned by a variety of retail and institutional investors. Top institutional investors include Goldman Sachs Group Inc. (3.69%), State Street Corp (2.79%), Gabelli Funds LLC (1.03%), Bank of New York Mellon Corp (0.99%), THB Asset Management (0.92%) and Royce & Associates LP (0.67%). Company insiders that own Timkensteel stock include Frank A Dipiero, Kristopher R Westbrooks, Ronald A Rice, Tina M Beskid and Ward J Timken Jr. View institutional ownership trends for Timkensteel.

TMST stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Gabelli Funds LLC, Alambic Investment Management L.P., Arizona State Retirement System, KLCM Advisors Inc., Bank of America Corp DE, KBC Group NV, and Public Sector Pension Investment Board. View insider buying and selling activity for Timkensteel.

TMST stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., State Street Corp, Great West Life Assurance Co. Can, UBS Group AG, THB Asset Management, Barclays PLC, and Magnus Financial Group LLC. Company insiders that have bought Timkensteel stock in the last two years include Frank A Dipiero, Kristopher R Westbrooks, Ronald A Rice, and Ward J Timken Jr. View insider buying and selling activity for Timkensteel.

Shares of TMST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TMST stock can currently be purchased for approximately $3.17.

Timkensteel has a market capitalization of $142.45 million and generates $1.21 billion in revenue each year. The basic materials company earns $-110,000,000.00 in net income (profit) each year or ($1.07) on an earnings per share basis. Timkensteel employs 2,500 workers across the globe. View additional information about Timkensteel.

The official website for Timkensteel is http://www.timkensteel.com/.

Timkensteel's mailing address is 1835 DUEBER AVENUE SW, CANTON OH, 44706. The basic materials company can be reached via phone at 330-471-7000 or via email at [email protected]