Timken (TKR) Projected to Post Earnings on Wednesday

Timken (NYSE:TKR) is expected to announce its Q1 2025 earnings results before the market opens on Wednesday, April 30th. Analysts expect Timken to post earnings of $1.44 per share and revenue of $1.13 billion for the quarter. Timken has set its FY 2025 guidance at 5.300-5.800 EPS.

Timken (NYSE:TKR) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.08. Timken had a return on equity of 13.93% and a net margin of 7.71%. On average, analysts expect Timken to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Timken Stock Performance

NYSE TKR opened at $61.60 on Wednesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.07 and a quick ratio of 1.61. The company has a market cap of $4.31 billion, a P/E ratio of 12.34, a P/E/G ratio of 1.51 and a beta of 1.28. The stock has a 50-day moving average of $71.68 and a two-hundred day moving average of $75.69. Timken has a 1-year low of $56.20 and a 1-year high of $94.71.

Timken Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Tuesday, February 25th were issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend was Tuesday, February 25th. Timken’s dividend payout ratio (DPR) is currently 27.25%.

Insider Buying and Selling at Timken

In other Timken news, CFO Philip D. Fracassa sold 5,000 shares of Timken stock in a transaction on Friday, February 7th. The shares were sold at an average price of $81.50, for a total value of $407,500.00. Following the transaction, the chief financial officer now owns 90,541 shares in the company, valued at $7,379,091.50. This trade represents a 5.23 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 8.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TKR. Citigroup lowered their price objective on Timken from $95.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, April 8th. Bank of America upgraded shares of Timken from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $73.00 to $78.00 in a report on Tuesday, February 4th. Morgan Stanley lowered their target price on shares of Timken from $94.00 to $88.00 and set an “overweight” rating for the company in a research note on Wednesday, April 16th. Evercore ISI raised their price target on Timken from $91.00 to $102.00 and gave the company an “outperform” rating in a research note on Wednesday, February 19th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $70.00 price objective (down from $90.00) on shares of Timken in a research report on Wednesday, April 2nd. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $81.91.

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.