At the time of writing, Timken Co [TKR] stock is trading at $73.95, up 0.30%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TKR shares have gain 3.61% over the last week, with a monthly amount drifted -3.13%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Timken Co [NYSE: TKR] stock has seen the most recent analyst activity on December 17, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $93 from $82. Previously, Citigroup upgraded its rating to Buy on December 09, 2024, and elevated its price target to $90. On December 06, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $95 on the stock. KeyBanc Capital Markets downgraded its rating to a Sector Weight. Evercore ISI upgraded its rating to a Outperform and raised its price target to $91 on November 13, 2024. Citigroup started tracking with a Neutral rating for this stock on October 14, 2024, and assigned it a price target of $90. In a note dated June 28, 2024, Raymond James initiated an Mkt Perform rating.
For the past year, the stock price of Timken Co fluctuated between $69.35 and $94.71. Currently, Wall Street analysts expect the stock to reach $92.5 within the next 12 months. Timken Co [NYSE: TKR] shares were valued at $73.95 at the most recent close of the market. An investor can expect a potential return of 25.08% based on the average TKR price forecast.
Analyzing the TKR fundamentals
According to Timken Co [NYSE:TKR], the company’s sales were 4.59B for trailing twelve months, which represents an -1.39% plunge. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.12 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.76.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 72.73 points at the first support level, and at 71.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.72, and for the 2nd resistance point, it is at 75.50.
Ratios To Look Out For
It is important to note that Timken Co [NYSE:TKR] has a current ratio of 3.00. As well, the Quick Ratio is 1.62, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 1.13, the price to book ratio is 1.77 and price to earnings (TTM) ratio is 15.40.
Transactions by insiders
Recent insider trading involved Kyle Richard G, Director, that happened on Nov 12 ’24 when 32764.0 shares were sold. Director, Kyle Richard G completed a deal on Nov 08 ’24 to sell 30000.0 shares. Meanwhile, Director Kyle Richard G bought 62764.0 shares on Nov 08 ’24.
