NYSE:TMSTTimkensteel Stock Price, Forecast & News

Timkensteel's stock was trading at $3.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TMST stock has increased by 5.7% and is now trading at $4.10. 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 earnings results on Thursday, May, 7th. The basic materials company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.23) by $0.02. The basic materials company earned $259.70 million during the quarter, compared to analyst estimates of $255.64 million. Timkensteel had a negative return on equity of 6.57% and a negative net margin of 10.34%. View Timkensteel's earnings history.

5 brokers have issued 12-month price targets for Timkensteel's stock. Their forecasts range from $5.00 to $7.50. On average, they anticipate Timkensteel's stock price to reach $6.00 in the next year. This suggests a possible upside of 46.3% from the stock's current price. View analysts' price targets for Timkensteel.

Media headlines about TMST stock have been trending negative recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Timkensteel earned a news sentiment score of -2.7 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect 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), 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."

Timkensteel's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.35%), Gamco Investors INC. ET AL (3.03%), State Street Corp (2.94%), Healthcare of Ontario Pension Plan Trust Fund (2.94%), Morgan Stanley (2.19%) and Morgan Stanley (2.19%). Company insiders that own Timkensteel stock include Frank A Dipiero, Kristopher R Westbrooks, Ronald A Rice 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 Morgan Stanley, Morgan Stanley, BlackRock Inc., Parametric Portfolio Associates LLC, Gamco Investors INC. ET AL, Healthcare of Ontario Pension Plan Trust Fund, Gabelli Funds LLC, and Deutsche Bank AG. View insider buying and selling activity for Timkensteel.

TMST stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., THB Asset Management, State Street Corp, Engineers Gate Manager LP, Invesco Ltd., SG Americas Securities LLC, Russell Investments Group Ltd., and Advisor Group Holdings Inc.. 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 $4.10.

Timkensteel has a market capitalization of $184.36 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]