Ultime notizie per Timken (NYSE:TKR) Azioni

Timken

The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.

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DA Davidson analyst Michael Shlisky maintains Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Buy and lowers the price target from $103 to $99.

News

Price Target

Analyst Ratings

DA Davidson Maintains Buy on Timken, Lowers Price Target to $99

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) in the last three months.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $93.4, a high estimate of $103.00, and a low estimate of $87.00. This current average represents a 7.3% decrease from the previous average price target of $100.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1730908808_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of Timken among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steve Barger</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$90.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Bryan Blair</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$97.00</td>
<td>$102.00</td>
</tr>
<tr>
<td>Kyle Menges</td>
<td>Citigroup</td>
<td>Announces</td>
<td>Neutral</td>
<td>$90.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Shlisky</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$103.00</td>
<td>$103.00</td>
</tr>
<tr>
<td>David Raso</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$87.00</td>
<td>$94.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Timken. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Timken compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Timken's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Timken's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/TKR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Timken analyst ratings.</a>
<h2>All You Need to Know About Timken</h2>
The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.
<h3>Timken: A Financial Overview</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Timken's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -7.07% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 8.14%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 3.56%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Timken's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.47%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Timken's debt-to-equity ratio surpasses industry norms, standing at 0.82. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For Timken

Oppenheimer analyst Bryan Blair maintains Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Outperform and lowers the price target from $102 to $97.

Oppenheimer Maintains Outperform on Timken, Lowers Price Target to $97

Keybanc analyst Steve Barger maintains Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Overweight and lowers the price target from $104 to $90.

Keybanc Maintains Overweight on Timken, Lowers Price Target to $90

Timken shares are trading lower after the company reported mixed Q3 financial results and cut its fY24 adjusted EPS guidance below estimates.

Guidance

Timken Cuts FY24 Adjusted EPS Outlook From $6.00 - $6.20 To $5.55 - $5.65 (Est $6.06); Now Expects Revenue To Be Down Approximately 4% In Total (Prior View: Down 3% - 4% In Total)

Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) reported quarterly earnings of $1.23 per share which missed the analyst consensus estimate of $1.38 by 10.87 percent. This is a 20.65 percent decrease over earnings of $1.55 per share from the same period last year. The company reported quarterly sales of $1.127 billion which beat the analyst consensus estimate of $1.12 billion. This is a 1.37 percent decrease over sales of $1.14 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

Timken Q3 2024 Adj EPS $1.23 Misses $1.38 Estimate, Sales $1.127B Beat $1.12B Estimate

Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-11-05. Here's what investors need to know before the announcement.
Analysts estimate that Timken will report an earnings per share (EPS) of $1.38. 
The announcement from Timken is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Earnings History Snapshot</h3>
The company's EPS beat by $0.02 in the last quarter, leading to a 2.82% drop in the share price on the following day.
Here's a look at Timken's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.61</td>
<td>1.51</td>
<td>1.22</td>
<td>1.60</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.63</td>
<td>1.77</td>
<td>1.37</td>
<td>1.55</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.0%</td>
<td>-2.0%</td>
<td>-1.0%</td>
<td>3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730736221_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Timken were trading at $83.15 as of November 01. Over the last 52-week period, shares are up 19.29%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Opinions on Timken</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Timken.
Analysts have given Timken a total of 3 ratings, with the consensus rating being Neutral. The average one-year price target is $93.33, indicating a potential 12.24% upside.
<h3>Peer Ratings Overview</h3>
This comparison focuses on the analyst ratings and average 1-year price targets of Chart Industries, Watts Water Technologies and Middleby, three major players in the industry, shedding light on their relative performance expectations and market positioning.
<ul>
<li>The consensus among analysts is an Buy trajectory for Chart Industries, with an average 1-year price target of $165.09, indicating a potential 98.54% upside.</li>
<li>Watts Water Technologies received a Neutral consensus from analysts, with an average 1-year price target of $208.67, implying a potential 150.96% upside.</li>
<li>As per analysts' assessments, Middleby is favoring an Buy trajectory, with an average 1-year price target of $161.0, suggesting a potential 93.63% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
In the peer analysis summary, key metrics for Chart Industries, Watts Water Technologies and Middleby are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Timken</td>
<td>Neutral</td>
<td>-7.07%</td>
<td>$373.60M</td>
<td>3.56%</td>
</tr>
<tr>
<td>Chart Industries</td>
<td>Buy</td>
<td>14.56%</td>
<td>$351.60M</td>
<td>1.89%</td>
</tr>
<tr>
<td>Watts Water Technologies</td>
<td>Neutral</td>
<td>7.79%</td>
<td>$257.10M</td>
<td>4.18%</td>
</tr>
<tr>
<td>Middleby</td>
<td>Buy</td>
<td>-4.92%</td>
<td>$379.64M</td>
<td>3.26%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Timken ranks at the bottom for Revenue Growth among its peers. It is in the middle for Gross Profit. Timken is at the top for Return on Equity.
<h3>Discovering Timken: A Closer Look</h3>
The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.
<h3>Timken: Delving into Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Decline in Revenue: Over the 3 months period, Timken faced challenges, resulting in a decline of approximately -7.07% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: Timken's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 8.14%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Timken's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 3.56%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.47%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Timken's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.82, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<a href="https://www.benzinga.com/quote/TKR/earnings">To track all earnings releases for Timken visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Preview Of Timken's Earnings

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>UBS analyst Michael Goldsmith initiated coverage on NETSTREIT Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTST#NYSE">NTST</a>) with a Buy rating and announced a price target of $19. Netstreit shares closed at $15.70 on Friday. <a href="https://www.benzinga.com/quote/NTST/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Seaport Global analyst Michael Harrison initiated coverage on Element Solutions Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESI#NYSE">ESI</a>) with a Buy rating and announced a price target of $33. Element Solutions shares closed at $25.98 on Friday. <a href="https://www.benzinga.com/quote/ESI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst Kyle Menges initiated coverage on The Timken Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Neutral rating and announced a price target of $90. Timken shares closed at $84.04 on Friday. <a href="https://www.benzinga.com/quote/TKR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo analyst Praneeth Satish initiated coverage on Shoals Technologies Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHLS#NASDAQ">SHLS</a>) with an Equal-Weight rating and announced a price target of $46. Shoals Technologies shares closed at $5.31 on Friday. <a href="https://www.benzinga.com/quote/SHLS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Julien Dumoulin-Smith initiated coverage on PG&amp;E Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) with a Buy rating and announces Price Target of $24. PG&amp;E shares closed at $19.63 on Friday. <a href="https://www.benzinga.com/quote/PCG/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying PCG stock? Here&#8217;s what analysts think:
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</ul>

Initiation

Trading Ideas

NTST

SHLS

This PG&E Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday

Citigroup analyst Kyle Menges initiates coverage on Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Neutral rating and announces Price Target of $90.

Citigroup Initiates Coverage On Timken with Neutral Rating, Announces Price Target of $90

DA Davidson analyst Michael Shlisky maintains Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Buy and maintains $103 price target.

DA Davidson Maintains Buy on Timken, Maintains $103 Price Target

Making a noteworthy insider sell on August 19, Richard G Kyle, President and CEO at Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>), is reported in the latest SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000098362/000009836224000114//Archives/edgar/data/98362/000009836224000114/0000098362-24-000114-index.htm">U.S. Securities and Exchange Commission</a> on Monday outlined that Kyle executed a sale of 20,000 shares of Timken with a total value of $1,668,000.
During Tuesday's morning session, Timken shares up by 0.41%, currently priced at $83.73.
<h3>About Timken</h3>
The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.
<h3>Timken's Economic Impact: An Analysis</h3>
Negative Revenue Trend: Examining Timken's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -7.07% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 31.6%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): Timken's EPS reflects a decline, falling below the industry average with a current EPS of 1.37.
</li>
</ul>
Debt Management: Timken's debt-to-equity ratio surpasses industry norms, standing at 0.82. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 17.09 is lower than the industry average, implying a discounted valuation for Timken's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.29 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 9.42, Timken presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
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<h3>The Importance of Insider Transactions</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Exploring Key Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000098362">Check Out The Full List Of Timken's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Timken Insider Trades Send A Signal

Evercore ISI Group analyst David Raso maintains Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a In-Line and lowers the price target from $94 to $87.

Evercore ISI Group Maintains In-Line on Timken, Lowers Price Target to $87

On August 15, a recent SEC filing unveiled that Philip D Fracassa, EVP &amp; CFO at Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) made an insider sell.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000098362/000009836224000112//Archives/edgar/data/98362/000009836224000112/0000098362-24-000112-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, Fracassa sold 10,000 shares of Timken. The total transaction value is $819,800.
At Friday morning, Timken shares are down by 0.0%, trading at $82.9.
<h3>Discovering Timken: A Closer Look</h3>
The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.
<h3>Timken: A Financial Overview</h3>
Revenue Growth: Timken's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -7.07%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: With a low gross margin of 31.6%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Timken's EPS reflects a decline, falling below the industry average with a current EPS of 1.37.
</li>
</ul>
Debt Management: Timken's debt-to-equity ratio stands notably higher than the industry average, reaching 0.82. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: Timken's P/E ratio of 16.92 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.28 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 9.35, Timken could be considered undervalued.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
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<h3>The Relevance of Insider Transactions</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000098362">Check Out The Full List Of Timken's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Timken EVP & CFO Sold $819K In Company Stock

Revealing a significant insider sell on August 12, Richard G Kyle, President and CEO at Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>), as per the latest SEC filing.
What Happened: Kyle's decision to sell 30,000 shares of Timken was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000098362/000009836224000110//Archives/edgar/data/98362/000009836224000110/0000098362-24-000110-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The total value of the sale is $2,413,800.
Timken shares are trading down 0.0% at $80.3 at the time of this writing on Tuesday morning.
<h3>All You Need to Know About Timken</h3>
The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.
<h3>Timken's Financial Performance</h3>
Revenue Growth: Timken's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -7.07%. This indicates a decrease in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 31.6%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): Timken's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 1.37.
</li>
</ul>
Debt Management: Timken's debt-to-equity ratio surpasses industry norms, standing at 0.82. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 16.39 is lower than the industry average, implying a discounted valuation for Timken's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 1.24 is lower than the industry average, implying a discounted valuation for Timken's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 9.12, Timken could be considered undervalued.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Activity Matters in Finance</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Transaction Codes To Focus On</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000098362">Check Out The Full List Of Timken's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sell Alert: Richard G Kyle Cashes Out $2.41M In Timken Stock

Richard G Kyle, President and CEO at Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>), disclosed an insider sell on August 6, according to a recent SEC filing.
What Happened: Kyle's decision to sell 30,000 shares of Timken was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000098362/000009836224000104//Archives/edgar/data/98362/000009836224000104/0000098362-24-000104-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $2,422,800.
At Wednesday morning, Timken shares are up by 2.07%, trading at $82.7.
<h3>Discovering Timken: A Closer Look</h3>
The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.
<h3>Financial Insights: Timken</h3>
Revenue Growth: Timken's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -7.07%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 31.6%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Timken's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 1.37.
</li>
</ul>
Debt Management: Timken's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.82, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
In-Depth Valuation Examination:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 16.53 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 1.25 is lower than the industry average, implying a discounted valuation for Timken's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 9.18 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Understanding the Significance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Essential Transaction Codes Unveiled</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000098362">Check Out The Full List Of Timken's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

President and CEO At Timken Sells $2.42M Of Stock

The Timken Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>, &amp;nbsp, <a href="https://c212.net/c/link/?t=0&amp;amp, , %20l=en&amp;amp, , %20o=4223479-1&amp;amp, , %20h=402519478&amp;amp, , %20u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3103785-1%26h%3D888554856%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D3068013-1%2526h%253D1369887514%2526u%253Dhttp%25253A%25252F%25252Fwww.timken.com%25252F%2526a%253Dwww.timken.com%26a%3Dwww.timken.com&amp;amp, , %20a=www.timken.com" target="_blank">www.timken.com</a>)))), a global technology leader in engineered bearings and industrial motion, has agreed to acquire CGI Inc., a&nbsp;Nevada-based manufacturer of precision drive systems serving a broad range of automation markets with a concentration in medical robotics. The deal is subject to customary closing conditions, including regulatory approval, and is expected to close in the&nbsp;third quarter.
CGI is a family-owned business founded&nbsp;in 1967 with headquarters and production facilities in&nbsp;Carson City, Nevada. The company employs approximately 130 people and is expected to generate around&nbsp;$45&nbsp;million&nbsp;in sales in 2024.

Timken Co to Acquire CGI Inc, Expanding Into Medical Robotics Market, Financial Terms Undisclosed

TriMas Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trs#NASDAQ">TRS</a>) reported second-quarter 2024 adjusted earnings per share of 43 cents (including non-cash compensation expenses), which missed the Zacks Consensus Estimate of 53 cents. The bottom line declined 23.2% from the prior-year quarter.
Including the impacts of one-time items, the company reported an EPS of 27 cents compared with the year-ago quarter&#39;s 26 cents.
The company&#39;s revenues increased 3.1% year over year to $241 million. Organic sales growth in packaging and aerospace product lines helped offset lower market demand for products used in some industrial, and oil and gas applications in the Specialty Products segment. The top line beat the Zacks Consensus Estimate of $232 million.
Overall, organic sales improved 2.8% in the quarter. Contribution from acquisitions to sales was 0.6% in the quarter.
<div class="chart_embed">
<h3>TriMas Corporation Price, Consensus and EPS Surprise</h3>
<h3><img alt="TriMas Corporation Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/60/1722605980.png" style="height:285px; width:620px" title="" /></h3>
TriMas Corporation price-consensus-eps-surprise-chart | TriMas Corporation Quote
</div>
<h3>Costs &amp; Margins</h3>
The cost of sales rose 4.4% year over year to $186.5 million in the reported quarter. Gross profit declined 1% year over year to $54 million. The gross margin was 22.5% compared with 23.4% in the prior-year quarter.
Selling, general and administrative expenses rose 4.9% year over year to $36 million. Adjusted operating profit declined 24% year over year to $21 million. The adjusted operating margin contracted to 8.6% from the prior-year quarter&#39;s 11.8%.
<h3>Segment Performances</h3>
Packaging: Net sales came in at $132 million compared with the year-ago quarter&#39;s $117 million. The upside was driven by organic growth within the personal care, beauty and industrial end markets.
The revenue figure was higher than our estimate of $126 million. Organic sales rose 13% year over year. Adjusted operating profit plunged 15.9% year over year to $18.5 million in the reported quarter. We had projected the segment&#39;s adjusted operating profit at $22 million.
Aerospace: Net sales increased 30% year over year to $78 million, attributed to increased production efficiencies and commercial actions. The figure surpassed our estimate of $67 million. Organic sales rose 27.6%.
The segment reported an adjusted operating profit of $10.5 million, marking a substantial jump from the year-ago quarter&#39;s $3.7 million, driven by the company&#39;s operational excellence initiatives and higher conversion rates. We had projected the segment&#39;s adjusted operating profit at $7.5 million.
Specialty Products: The segment&#39;s revenues decreased 45% year over year to $31 million due to lower demand. Revenues were lower than our estimate of $39 million. Operating profit fell 95.2% year over year to $0.58 million.
<h3>Financial Performance</h3>
In the first six months of 2024, TriMas repurchased approximately 671,937 of its outstanding common stock for $16.9 million. The company generated $18.4 million of adjusted cash flow from operations in the quarter under review compared with $16.5 million in the prior-year quarter.
TRS ended the quarter with $35 million of cash on hand compared to $34.8 million reported at the end of 2023. The company had $232.5 million of cash and available borrowing capacity under its revolving credit facility. As of Jun 30, 2024, the total debt was $427 million compared with $396 million as of Dec 31, 2023.
<h3>2024 Guidance</h3>
TriMas lowered its guidance for 2024, anticipating a decline in sales in the Specialty Products segment. The company expects an adjusted EPS of $1.70-$1.90, down from the previously stated $1.95 to $2.15.
<h3>Price Performance</h3>
TRS shares have declined 5.5% in the past year against the industry&#39;s 24.8% growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/20/73219.jpg?v=891218608" />
Image Source: Zacks Investment Research
<h3>Zacks Rank</h3>
TriMas carries a Zacks Rank #2 (Buy) at present.
<h3>Peer Performances</h3>
The Timken Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tkr#NYSE">TKR</a>) reported an adjusted EPS of $1.63 in second-quarter 2024, beating the Zacks Consensus Estimate of $1.60. The bottom line declined 19% year over year from $2.01 in the year-ago quarter.
Timken&#39;s revenues in the quarter were $1.18 billion, down 7.1% from the year-ago quarter. The figure was in line with the consensus estimate.
Kaiser Aluminum (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kalu#NASDAQ">KALU</a>) reported second-quarter adjusted EPS of 65 cents, which missed the Zacks Consensus Estimate of 94 cents. The bottom-line figure fell 48% from the year-ago quarter.
Net sales of KALU declined 5% year over year to $773 million and missed the consensus estimate of $793 million.&nbsp;
Northwest Pipe Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwpx#NASDAQ">NWPX</a>) came out with second-quarter earnings of 86 cents per share, beating the Zacks Consensus Estimate of 67 cents per share. This compares with earnings of 74 cents per share a year ago.&nbsp;
Northwest Pipe posted revenues of $129 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate of $120 million. The top line increased 12.1% year over year.
<a href="https://www.zacks.com/stock/news/2315558/trimas-trs-q2-earnings-miss-estimates-revenues-rise-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2315558">To read this article on Zacks.com click here.</a>

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TriMas Q2 Earnings Miss Estimates, Revenues Rise Y/Y

Timken Now Expects FY24 Revenue To Be Down 3% - 4% In Total (Prior View Down 2% - 4%); Revises Adjusted EPS Forecast From $6.00 - $6.30 To $6.00 - $6.20, Est $6.21

D.A. Davidson analyst Michael Shlisky maintained a Buy rating on Timken Company (TKR – Research Report) today. The company's shares closed yesterda...

D.A. Davidson Remains a Buy on Timken Company (TKR)

Timken Q3 2024 Earnings Preview

Here's the major earnings before the open tomorrow

Timken Non-GAAP EPS of $1.23 misses by $0.15, revenue of $1.12B in-line

Consensus $6.06. The company now expects revenue to be down approximately 4 percent in total from 2023. "The second half of this year has been more...

Timken cuts FY24 adjusted EPS view to $5.55-$5.65 from $6.00-$6.20

The Timken Company (TKR) Q3 2024 Earnings Call Transcript

Timken ( ($TKR) ) has released its Q3 earnings. Here is a breakdown of the information Timken presented to its investors. The Timken Company, a glo...

Timken's Q3 2024 Earnings Report: Key Insights

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Hillman Solutions (HLMN – Research Report), ...

Analysts Offer Insights on Industrial Goods Companies: Hillman Solutions (HLMN), CSX (CSX) and Timken Company (TKR)

Oppenheimer analyst Bryan Blair maintained a Buy rating on Timken Company (TKR – Research Report) today and set a price target of $97.00. The compa...

Timken Company (TKR) Receives a Rating Update from a Top Analyst

DA Davidson lowered the firm's price target on Timken (TKR) to $99 from $103 and keeps a Buy rating on the shares after its Q3 results. Organic tre...

Timken price target lowered to $99 from $103 at DA Davidson

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Press Releases

Timken to Expand Motion-Control Platform, Capabilities with Acquisition of CGI Inc.

Dividends

Timken Declares Quarterly Dividend of 34 Cents Per Share

Timken Adds Todd Leombruno, Parker Hannifin Executive VP and CFO, to its Board of Directors

Timken to Participate in the Jefferies Industrials Conference

Commodities

Timken Releases CSR Report, Celebrating 125 Years as Strong Corporate Citizen

Tarak Mehta Appointed President and CEO of The Timken Company

Timken Completes Acquisition of CGI, Inc.

Timken Named One of Fast Company's Best Workplaces for Innovators in Manufacturing

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