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

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

A number of other research analysts have also recently weighed in on TKR. Morgan Stanley lifted their price objective on shares of Timken from $93.00 to $94.00 and gave the company an “overweight” rating in a report on Tuesday. KeyCorp restated a “sector weight” rating on shares of Timken in a research note on Friday, November 22nd. Oppenheimer cut their price objective on Timken from $102.00 to $97.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Citigroup decreased their target price on Timken from $90.00 to $85.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Finally, Jefferies Financial Group upgraded Timken from a “hold” rating to a “buy” rating and upped their price target for the stock from $80.00 to $95.00 in a report on Friday, December 6th. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $91.60.

Timken Stock Performance

NYSE TKR opened at $82.19 on Wednesday. The company has a market cap of $5.76 billion, a P/E ratio of 16.47, a P/E/G ratio of 1.21 and a beta of 1.39. Timken has a 1-year low of $69.35 and a 1-year high of $94.71. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.07 and a quick ratio of 1.62. The stock has a 50-day moving average of $75.64 and a two-hundred day moving average of $79.33.

Timken (NYSE:TKR) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.16 earnings per share for the quarter, beating 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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Coastline Trust Co acquired a new stake in shares of Timken during the third quarter worth about $29,000. Livelsberger Financial Advisory purchased a new position in Timken during the 3rd quarter worth approximately $32,000. Fairway Wealth LLC purchased a new stake in Timken in the fourth quarter valued at approximately $29,000. UMB Bank n.a. boosted its holdings in shares of Timken by 64.1% in the third quarter. UMB Bank n.a. now owns 430 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 168 shares during the period. Finally, Amundi grew its position in shares of Timken by 25.8% during the fourth quarter. Amundi now owns 848 shares of the industrial products company’s stock worth $61,000 after acquiring an additional 174 shares during the last quarter. 89.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Timken

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

Timken Company Profile

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.