NYSE:TMSTTimkensteel 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 shares have decreased by 2.8% and is now trading at $3.77. View which stocks have been most 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, August 6th 2020. View our earnings forecast for Timkensteel.

Timkensteel Corp (NYSE:TMST) released its quarterly earnings data on Thursday, May, 7th. The basic materials company reported ($0.25) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.23) by $0.02. The basic materials company earned $259.70 million during the quarter, compared to the consensus estimate of $255.64 million. Timkensteel had a negative net margin of 10.34% and a negative return on equity of 6.57%. View Timkensteel's earnings history.

5 equities research analysts have issued twelve-month target prices for Timkensteel's shares. Their forecasts range from $5.00 to $7.50. On average, they expect Timkensteel's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 59.2% from the stock's current price. View analysts' price targets for Timkensteel.

Press coverage about TMST stock has been trending negative this week, according to InfoTrie. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Timkensteel earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Timkensteel.

Some companies that are related to Timkensteel include Mechel PAO (MTL), SunCoke Energy (SXC), Titan International (TWI), Universal Stainless & Alloy Products (USAP) and Ossen Innovation (OSN). View all competitors.

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), Ford Motor (F), Cleveland-Cliffs (CLF), Keryx Biopharmaceuticals (KERX), Transocean (RIG), Freeport-McMoRan (FCX) and Yamana Gold (AUY).

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

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 $3.77.

Timkensteel has a market capitalization of $169.54 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.

The official website for Timkensteel is 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]