What is DA Davidson’s Estimate for Timken FY2025 Earnings?

The Timken Company (NYSE:TKR) – Investment analysts at DA Davidson decreased their FY2025 EPS estimates for Timken in a research note issued to investors on Monday, February 10th. DA Davidson analyst M. Shlisky now anticipates that the industrial products company will earn $5.51 per share for the year, down from their prior estimate of $6.47. DA Davidson currently has a “Buy” rating and a $99.00 price objective on the stock. The consensus estimate for Timken’s current full-year earnings is $5.60 per share.

Other equities analysts have also recently issued reports about the stock. Citigroup reduced their price objective on shares of Timken from $90.00 to $85.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Bank of America upgraded shares of Timken from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $73.00 to $78.00 in a research report on Tuesday, February 4th. Morgan Stanley lifted their price objective on Timken from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Tuesday. KeyCorp reiterated a “sector weight” rating on shares of Timken in a research note on Friday, November 22nd. Finally, Oppenheimer decreased their target price on Timken from $102.00 to $97.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $91.60.

Timken Trading Up 0.8 %

Shares of TKR stock opened at $82.19 on Wednesday. The stock has a 50 day simple moving average of $75.64 and a 200-day simple moving average of $79.33. Timken has a 1-year low of $69.35 and a 1-year high of $94.71. The company has a market cap of $5.76 billion, a price-to-earnings ratio of 16.47, a PEG ratio of 1.21 and a beta of 1.39. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.07 and a quick ratio of 1.62.

Timken (NYSE:TKR) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.08. Timken had a return on equity of 13.93% and a net margin of 7.71%.

Institutional Investors Weigh In On Timken

Several hedge funds and other institutional investors have recently bought and sold shares of the company. UMB Bank n.a. grew its stake in shares of Timken by 64.1% in the 3rd quarter. UMB Bank n.a. now owns 430 shares of the industrial products company’s stock valued at $36,000 after buying an additional 168 shares during the period. Inspire Investing LLC grew its position in Timken by 12.2% in the third quarter. Inspire Investing LLC now owns 4,901 shares of the industrial products company’s stock worth $413,000 after acquiring an additional 534 shares during the period. Creative Planning increased its stake in Timken by 11.1% during the third quarter. Creative Planning now owns 10,138 shares of the industrial products company’s stock worth $855,000 after acquiring an additional 1,015 shares during the last quarter. NBC Securities Inc. increased its stake in Timken by 1.6% during the third quarter. NBC Securities Inc. now owns 11,531 shares of the industrial products company’s stock worth $971,000 after acquiring an additional 177 shares during the last quarter. Finally, nVerses Capital LLC purchased a new stake in Timken in the third quarter valued at $421,000. 89.08% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Philip D. Fracassa sold 5,000 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $81.50, for a total transaction of $407,500.00. Following the transaction, the chief financial officer now owns 90,541 shares of the company’s stock, valued at approximately $7,379,091.50. The trade was a 5.23 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.70% of the stock is currently owned by corporate insiders.

About Timken

The Timken Company designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally. The company's Engineered Bearings segment provides various bearing products, including tapered, spherical, and cylindrical roller bearings; plain bearings, metal-polymer bearings, and rod end bearings; radial, angular, and precision ball bearings; thrust and specialty ball bearings; journal bearings; and housed or mounted bearings.