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

The Timken Company (NYSE:TKR) – Analysts at DA Davidson lowered their FY2025 earnings per share (EPS) estimates for Timken in a note issued to investors on Wednesday, November 6th. DA Davidson analyst M. Shlisky now expects that the industrial products company will earn $6.47 per share for the year, down from their previous estimate of $7.24. DA Davidson currently has a “Buy” rating and a $99.00 target price on the stock. The consensus estimate for Timken’s current full-year earnings is $5.62 per share.

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). Timken had a return on equity of 14.82% and a net margin of 7.41%. The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the prior year, the business earned $1.55 earnings per share. The business’s revenue for the quarter was down 1.4% on a year-over-year basis.

A number of other brokerages have also commented on TKR. Citigroup assumed coverage on Timken in a research note on Monday, October 14th. They issued a “neutral” rating and a $90.00 target price for the company. Oppenheimer reduced their price objective on shares of Timken from $102.00 to $97.00 and set an “outperform” rating for the company in a report on Wednesday. KeyCorp dropped their price target on shares of Timken from $104.00 to $90.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Evercore ISI cut their price target on shares of Timken from $94.00 to $87.00 and set an “in-line” rating for the company in a research note on Monday, August 19th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $89.60.

Timken Trading Down 0.2 %

Shares of TKR opened at $76.85 on Friday. The stock’s 50-day moving average price is $82.41 and its 200 day moving average price is $83.76. The company has a quick ratio of 1.64, a current ratio of 3.00 and a debt-to-equity ratio of 0.71. Timken has a 12-month low of $70.15 and a 12-month high of $94.71. The firm has a market capitalization of $5.39 billion, a price-to-earnings ratio of 15.98, a P/E/G ratio of 1.94 and a beta of 1.43.

Hedge Funds Weigh In On Timken

Several institutional investors have recently bought and sold shares of TKR. Vanguard Group Inc. grew its holdings in shares of Timken by 5.6% during the first quarter. Vanguard Group Inc. now owns 6,515,972 shares of the industrial products company’s stock worth $569,691,000 after purchasing an additional 347,794 shares during the last quarter. American Century Companies Inc. grew its holdings in Timken by 4.8% during the 2nd quarter. American Century Companies Inc. now owns 2,817,294 shares of the industrial products company’s stock worth $225,750,000 after acquiring an additional 128,791 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Timken by 4.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 2,679,790 shares of the industrial products company’s stock valued at $225,880,000 after acquiring an additional 107,350 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Timken by 4.9% in the second quarter. Dimensional Fund Advisors LP now owns 2,104,910 shares of the industrial products company’s stock worth $168,667,000 after acquiring an additional 97,550 shares during the last quarter. Finally, Earnest Partners LLC lifted its position in shares of Timken by 2.1% during the second quarter. Earnest Partners LLC now owns 1,322,312 shares of the industrial products company’s stock worth $105,957,000 after purchasing an additional 26,671 shares in the last quarter. Institutional investors own 89.08% of the company’s stock.

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.