NYSE:TMST - Timkensteel Stock Price, Forecast & News

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

Timkensteel Corp (NYSE:TMST) announced its quarterly earnings results on Wednesday, November, 6th. The basic materials company reported ($0.10) earnings per share for the quarter, beating analysts' consensus estimates of ($0.45) by $0.35. The basic materials company had revenue of $274.20 million for the quarter, compared to analysts' expectations of $293.67 million. Timkensteel had a negative net margin of 3.20% and a negative return on equity of 0.08%. Timkensteel's revenue was down 33.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.03 earnings per share. View Timkensteel's Earnings History.

Timkensteel is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Timkensteel.

5 analysts have issued 1 year price targets 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 that the stock has a possible downside of 2.4%. View Analyst Price Targets for Timkensteel.

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.

News stories about TMST stock have trended somewhat negative recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Timkensteel earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories 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 term. View News Stories for Timkensteel.

Some companies that are related to Timkensteel include AK Steel (AKS), Mechel PAO (MTL), SunCoke Energy (SXC), 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), Yamana Gold (AUY), Transocean (RIG), United States Steel (X), Keryx Biopharmaceuticals (KERX), Ford Motor (F), Coeur Mining (CDE) and Freeport-McMoRan (FCX).

Timkensteel's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Arizona State Retirement System (0.06%), Farmers Trust Co. (0.02%), Advisor Partners LLC (0.02%) and Huntington National Bank (0.01%). 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 Arizona State Retirement System, Huntington National Bank, Farmers Trust Co. and Advisor Partners LLC. View Insider Buying and Selling 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 $6.15.

Timkensteel has a market capitalization of $275.64 million and generates $1.61 billion in revenue each year. The basic materials company earns $-31,700,000.00 in net income (profit) each year or $0.11 on an earnings per share basis. Timkensteel employs 3,000 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]