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) EPS for the quarter, beating analysts' consensus estimates of ($0.45) by $0.35. The basic materials company earned $274.20 million during 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%. The company's revenue for the quarter was down 33.1% compared to the same quarter last year. During the same quarter last 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 Thursday, February 20th 2020. View Earnings Estimates for Timkensteel.

5 brokers have issued 12 month target prices for Timkensteel's shares. Their forecasts range from $5.00 to $7.50. On average, they anticipate Timkensteel's share price to reach $6.00 in the next year. This suggests a possible upside of 4.2% 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.

Media coverage about TMST stock has been trending extremely negative this week, according to InfoTrie. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Timkensteel earned a media sentiment score of -4.6 on InfoTrie's scale. They also assigned media headlines 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 effect on the stock's share price in the near term. View News Stories for Timkensteel.

Timkensteel saw a increase in short interest in the month of 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 daily volume of 343,000 shares, the days-to-cover ratio is currently 16.6 days. Approximately 15.9% of the shares of the stock are sold short. View Timkensteel's Current Options Chain.

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), 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 many different 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 $5.76.

Timkensteel has a market capitalization of $258.16 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]