TimkenSteel (TMST) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TimkenSteel in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TMST shares.
View TMST analyst ratings or view top-rated stocks.

1 equities research analysts have issued 12-month target prices for TimkenSteel's stock. Their TMST share price forecasts range from $24.00 to $24.00. On average, they anticipate the company's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 30.4% from the stock's current price.
View analysts price targets for TMST or view top-rated stocks among Wall Street analysts.

TimkenSteel's stock was trading at $18.17 at the beginning of the year. Since then, TMST shares have increased by 1.3% and is now trading at $18.40.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our TMST earnings forecast.

TimkenSteel Co. (NYSE:TMST) released its earnings results on Friday, May, 5th. The basic materials company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.18 by $0.26. The basic materials company had revenue of $323.50 million for the quarter, compared to analyst estimates of $309.20 million. TimkenSteel had a net margin of 3.26% and a trailing twelve-month return on equity of 11.03%. The business's revenue for the quarter was down 8.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 earnings per share.

ETFs with the largest weight of TimkenSteel (NYSE:TMST) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap Materials ETF (PSCM), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Value with Momentum ETF (XSVM), SPDR S&P Metals & Mining ETF (XME), VanEck Steel ETF (SLX), Invesco DWA SmallCap Momentum ETF (DWAS) and Direxion Daily Metal Miners Bull 2X Shares (MNM).

Based on aggregate information from My MarketBeat watchlists, some companies that other TimkenSteel investors own include Timken (TKR), Callon Petroleum (CPE), Range Resources (RRC), Coeur Mining (CDE), Transocean (RIG), Cleveland-Cliffs (CLF), Keryx Biopharmaceuticals (KERX), Enerplus (ERF), 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.43%), Dimensional Fund Advisors LP (8.07%), State Street Corp (5.78%), Royce & Associates LP (2.27%), Systematic Financial Management LP (2.23%) and Geode Capital Management LLC (1.84%). Insiders that own company stock include Ken V Garcia, Kevin A Raketich, Kristine C Syrvalin, Kristopher R Westbrooks and Randall H Edwards.
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Shares of TMST 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.
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One share of TMST stock can currently be purchased for approximately $18.40.

TimkenSteel (NYSE:TMST) has a market capitalization of $807.39 million and generates $1.33 billion in revenue each year. The basic materials company earns $65.10 million in net income (profit) each year or $0.68 on an earnings per share basis.

The company employs 1,700 workers across the globe.

TimkenSteel's mailing address is 1835 DUEBER AVENUE SW, CANTON OH, 44706. The official website for the company is www.timkensteel.com. The basic materials company can be reached via phone at (330) 471-7000, via email at ir@timkensteel.com, or via fax at 330-458-6006.