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) posted its quarterly earnings results on Thursday, February, 20th. The basic materials company reported ($0.61) EPS for the quarter, missing analysts' consensus estimates of ($0.52) by $0.09. The basic materials company had revenue of $226.90 million for the quarter, compared to the consensus estimate of $224.60 million. Timkensteel had a negative return on equity of 3.89% and a negative net margin of 7.40%. The company's revenue for the quarter was down 44.2% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.89) EPS. View Timkensteel's Earnings History.

Timkensteel is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Timkensteel.

5 Wall Street analysts have issued 12 month target prices 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 13.0% 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.

Headlines about TMST stock have been trending extremely negative on Tuesday, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 -4.5 on InfoTrie's scale. They also assigned media stories 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 stock's share price in the next few days. View News Stories for Timkensteel.

Timkensteel saw a increase in short interest during 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 trading volume of 343,000 shares, the days-to-cover ratio is presently 16.6 days. Currently, 15.9% of the shares of the company are short sold. 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 $5.31.

Timkensteel has a market capitalization of $237.99 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 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]