Timken (NYSE:TKR) Releases FY 2025 Earnings Guidance

Timken (NYSE:TKR) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.300-5.800 for the period, compared to the consensus estimate of 6.290. The company issued revenue guidance of $4.4 billion-$4.5 billion, compared to the consensus revenue estimate of $4.7 billion.

Timken Stock Performance

Timken stock opened at $79.25 on Wednesday. The company has a current ratio of 3.00, a quick ratio of 1.62 and a debt-to-equity ratio of 0.71. The stock has a 50 day moving average of $75.20 and a 200-day moving average of $79.39. The stock has a market cap of $5.56 billion, a P/E ratio of 16.48, a price-to-earnings-growth ratio of 1.04 and a beta of 1.39. Timken has a 52 week low of $69.35 and a 52 week high of $94.71.

Timken (NYSE:TKR) last posted its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.15). The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.12 billion. Timken had a net margin of 7.41% and a return on equity of 14.82%. The business’s revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.55 earnings per share. On average, analysts expect that Timken will post 5.61 EPS for the current fiscal year.

Timken Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Tuesday, November 19th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.72%. The ex-dividend date was Tuesday, November 19th. Timken’s dividend payout ratio (DPR) is presently 28.27%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Citigroup cut their target price on shares of Timken from $90.00 to $85.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Evercore ISI raised Timken from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $87.00 to $91.00 in a report on Wednesday, November 13th. Bank of America upgraded Timken from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $73.00 to $78.00 in a research note on Tuesday. Morgan Stanley upgraded Timken from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $82.00 to $93.00 in a research note on Tuesday, December 17th. Finally, Jefferies Financial Group upgraded shares of 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 research report on Friday, December 6th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $91.09.

Insider Activity at Timken

In other Timken news, Director Richard G. Kyle sold 30,000 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $76.59, for a total transaction of $2,297,700.00. Following the completion of the transaction, the director now directly owns 194,485 shares of the company’s stock, valued at approximately $14,895,606.15. This trade represents a 13.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 8.70% of the company’s stock.

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.