The Timken Company (TKR)
| Market Cap | 5.53B |
| Revenue (ttm) | 4.59B |
| Net Income (ttm) | 340.20M |
| Shares Out | 70.12M |
| EPS (ttm) | 4.81 |
| PE Ratio | 16.41 |
| Forward PE | 13.21 |
| Dividend | $1.36 (1.72%) |
| Ex-Dividend Date | Nov 19, 2024 |
| Volume | 1,416,247 |
| Open | 78.57 |
| Previous Close | 77.24 |
| Day's Range | 78.18 - 79.71 |
| 52-Week Range | 69.35 - 94.71 |
| Beta | 1.39 |
| Analysts | Buy |
| Price Target | 91.00 (+15.32%) |
| Earnings Date | Feb 5, 2025 |
About TKR
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. This segment serves wind energy, agriculture, con... [Read more]
Financial Performance
In 2023, The Timken Company's revenue was $4.77 billion, an increase of 6.06% compared to the previous year's $4.50 billion. Earnings were $394.10 million, a decrease of -3.26%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for TKR stock is "Buy." The 12-month stock price forecast is $91.0, which is an increase of 15.32% from the latest price.
News
The Timken Company: A Value Play Worth Considering
The Timken Company, despite recent underperformance and reduced profitability, remains a strong long-term investment due to its diverse customer base and global reach. Recent financial results show de...
Timken Adds Kim Ryan, Hillenbrand President and CEO, to Board of Directors
NORTH CANTON, Ohio , Jan. 21, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today announced the appointm...
Timken to Announce Fourth-Quarter and Full-Year 2024 Financial Results on Feb. 5
NORTH CANTON, Ohio , Jan. 15, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will release its 2024 fourth...
Timken Rings NYSE Opening Bell, Celebrating 125 Years of Innovation
NORTH CANTON, Ohio , Dec. 13, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, rang the opening bell today ...
Medincell and AIC Unveil New Positive Phase 3 Results for mdc-CWM: Major Subgroup Analysis Shows Reduced Pain and Opioid Use, and Accelerated Rehabilitation following Total Knee Replacement
MONTPELLIER, France--(BUSINESS WIRE)--Analysis of a major subgroup of patients undergoing a first Total Knee Replacement (TKR), representing over 70% of the trial population (108 out of 151), revealed...
Timken Recognized by Newsweek as One of America's Most Responsible Companies for Fifth Straight Year
NORTH CANTON, Ohio , Dec. 4, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com, a global technology leader in engineered bearings and industrial motion, has been recognized by Newswee...
Timken to Participate in Upcoming Investor Conferences
NORTH CANTON, Ohio , Nov. 20, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in two upco...
Timken Declares Quarterly Dividend of 34 Cents Per Share
NORTH CANTON, Ohio , Nov. 8, 2024 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, tod...
The Timken Company (TKR) Q3 2024 Earnings Call Transcript
The Timken Company (NYSE:TKR) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Neil Frohnapple - VP, IR Tarak Mehta - President and CEO Philip Fracassa - EVP and CFO...
Timken Reports Third-Quarter 2024 Results
Sales of $1.13 billion, down 1.4 percent from last year Third-quarter earnings per share of $1.16; adjusted EPS of $1.23 Cash from operations of $123 million and free cash flow of $88 million Updates ...
Timken: Drooping Now, But Watch For Gains Again In Coming Years
The Timken Company's share price is expected to rise nearly 6% in the coming year due to market stabilization in Chinese wind energy, new products, and improved productivity. Timken, a leader in engin...
This PG&E Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday
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 analyst ratings page.
Timken to Announce Third-Quarter 2024 Financial Results on Nov. 5
NORTH CANTON, Ohio , Oct. 14, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will release its third-quart...
Timken Completes Acquisition of CGI, Inc.
NORTH CANTON, Ohio , Sept. 10, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, has completed its previou...
Tarak Mehta Appointed President and CEO of The Timken Company
NORTH CANTON, Ohio , Sept. 5, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today appointed Tarak Mehta ...
Timken Releases CSR Report, Celebrating 125 Years as Strong Corporate Citizen
NORTH CANTON, Ohio , Aug. 29, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today issued its corporate s...
Timken to Participate in the Jefferies Industrials Conference
NORTH CANTON, Ohio , Aug. 15, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in the Jeff...
Timken Adds Todd Leombruno, Parker Hannifin Executive VP and CFO, to its Board of Directors
NORTH CANTON, Ohio , Aug. 7, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today announced the appointme...
The Timken Company: A Cheap Prospect Experiencing Temporary Woes
The Timken Company's stock has dropped 4.8% since being rated a 'buy' in April, due in part to recent lower guidance for 2024. Revenue, profits, and cash flows have all declined year over year, but th...
Timken to Expand Motion-Control Platform, Capabilities with Acquisition of CGI Inc.
Addition will create unmatched portfolio of precision drives NORTH CANTON, Ohio , Aug. 5, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineere...
The Timken Company (TKR) Q2 2024 Earnings Call Transcript
The Timken Company (NYSE:TKR) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Neil Frohnapple - VP of IR Richard Kyle - President and CEO Philip Fracassa - EVP and CFO...
Timken Reports Second-Quarter 2024 Results
Sales of $1.18 billion, in line with company expectations Second-quarter earnings per share of $1.36; adjusted EPS of $1.63 Net income margin of 8.1 percent; adjusted EBITDA margin of 19.5 percent Upd...