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) released its quarterly earnings data on Wednesday, November, 6th. The basic materials company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.45) by $0.35. The basic materials company had revenue of $274.20 million for the quarter, compared to the consensus estimate of $293.67 million. The company's quarterly revenue was down 33.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 EPS. View Timkensteel's Earnings History.

Timkensteel is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Timkensteel.

Timkensteel will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 Wall Street analysts have issued 1 year price targets for Timkensteel's stock. Their forecasts range from $5.00 to $7.50. On average, they expect Timkensteel's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. 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 been trending negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Timkensteel earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Timkensteel.

Timkensteel saw a increase in short interest in January. As of January 31st, there was short interest totalling 5,710,000 shares, an increase of 37.9% from the January 15th total of 4,140,000 shares. Based on an average trading volume of 343,000 shares, the days-to-cover ratio is presently 16.6 days. Currently, 15.9% of the company's shares are sold short. View Timkensteel's Current Options Chain.

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's stock is owned by a number of of institutional and retail 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 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 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 $5.84.