The Timken Company (TKR)
Market Cap | 5.60B |
Revenue (ttm) | 4.70B |
Net Income (ttm) | 375.30M |
Shares Out | 70.41M |
EPS (ttm) | 5.26 |
PE Ratio | 15.12 |
Forward PE | 12.31 |
Dividend | $1.36 (1.71%) |
Ex-Dividend Date | May 13, 2024 |
Volume | 671,971 |
Open | 79.06 |
Previous Close | 79.00 |
Day's Range | 78.62 - 79.74 |
52-Week Range | 65.71 - 95.08 |
Beta | 1.50 |
Analysts | Buy |
Price Target | 87.91 (+10.52%) |
Earnings Date | Aug 1, 2024 |
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, TKR'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 12 analysts, the average rating for TKR stock is "Buy." The 12-month stock price forecast is $87.91, which is an increase of 10.52% from the latest price.
News
Timken Prices €600 Million Senior Notes Due in 2034
NORTH CANTON, Ohio , May 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR), a global technology leader in engineered bearings and industrial motion, today announced the pricing of €600 million a...
Timken to Participate in the KeyBanc Industrials & Basic Materials Conference
NORTH CANTON, Ohio , May 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in the KeyBa...
Timken Raises Quarterly Dividend to 34 Cents Per Share, Marking 11 Years of Increases
NORTH CANTON, Ohio , May 3, 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, toda...
Timken Reports First-Quarter 2024 Results; Raises Full-Year Outlook
Sales of $1.19 billion, down 5.7 percent from last year First-quarter earnings per share of $1.46; adjusted EPS of $1.77 Strong margin performance in the quarter, with net income margin of 8.7 percent...
Timken Recognized by Fortune as one of America's Most Innovative Companies
NORTH CANTON, Ohio , April 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been named to Fortune's l...
Timken to Announce First-Quarter 2024 Financial Results on April 30
NORTH CANTON, Ohio , April 11, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its first-quarte...
The Timken Company Announces CEO Succession Plan
Industry executive Tarak Mehta named Timken's next president and CEO Richard G. Kyle to retire as Timken president and CEO; will remain on the Timken Board of Directors NORTH CANTON, Ohio , March 27, ...
Timken Issues 2023 Annual Report, Highlighting Record Results
NORTH CANTON, Ohio, March 14, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has released its 2023 Annual R...
Timken to Participate in the BofA Global Research Global Industrials Conference
NORTH CANTON, Ohio , March 12, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the BofA ...
Timken Named One of World's Most Ethical Companies® by Ethisphere for 13th Time
Recognition highlights company's commitment to business integrity through robust ethics, compliance and governance programs NORTH CANTON, Ohio , March 4, 2024 /PRNewswire/ -- The Timken Company (NYSE:...
Timken to Participate in the Evercore ISI Industrial Conference
NORTH CANTON, Ohio , Feb. 29, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the Everco...
Timken Awards $540,000 in Scholarships to 20 Future Leaders and Innovators
NORTH CANTON, Ohio , Feb. 23, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is helping fund the futures of 20 students in pursuit of careers ranging from engineering and business...
Timken Declares Quarterly Dividend of 33 Cents Per Share
NORTH CANTON, Ohio , Feb. 8, 2024 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today...
Timken Reports Strong Fourth-Quarter Results to Close Out a Record 2023
Sales of $1.09 billion in the fourth quarter, up 1 percent from last year Fourth-quarter earnings per share of $0.83; adjusted EPS of $1.37 Record full-year sales of $4.8 billion, up 6 percent from la...
American Woodmark Adds Philip Fracassa, Executive Vice President and CFO at Timken, to the Board of Directors
WINCHESTER, Va.--(BUSINESS WIRE)---- $AMWD #AMWD--American Woodmark Corporation (NASDAQ: AMWD), a leading supplier of cabinetry to the new construction and remodeling industries, today announced that ...
Timken Recognized by Newsweek as One of America's Greatest Workplaces for Diversity
NORTH CANTON, Ohio , Jan. 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been recognized by Newswee...
Timken to Announce Fourth-Quarter and Full-Year 2023 Financial Results on Feb. 5
NORTH CANTON, Ohio , Jan. 11, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its 2023 fourth-q...
Timken Adds Engineered Sealing Solutions to Portfolio with Lagersmit Acquisition
NORTH CANTON, Ohio , Dec. 21, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has acquired Lagersmit, a Ne...
Timken Recognized by Newsweek as One of America's Most Responsible Companies for Fourth Year in a Row
NORTH CANTON, Ohio , Dec. 6, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been recognized by Newsweek...
Timken to Participate in the Melius Research Conference
NORTH CANTON, Ohio , Nov. 21, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will attend the Melius Researc...
Timken Completes Acquisition of Engineered Solutions Group (iMECH)
NORTH CANTON, Ohio , Nov. 1, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously ...
Timken Reports Third-Quarter 2023 Results
Sales of $1.14 billion, up approximately 1 percent from last year Third-quarter earnings per share of $1.23; adjusted EPS of $1.55 Strong cash from operations of $194 million; free cash flow of $151 m...
Timken Announces Divestiture of TWB Bearings Business in China
NORTH CANTON, Ohio , Oct. 26, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today completed the sale of ...
Timken to Acquire Engineered Solutions Group (iMECH), Expanding Engineered Bearings Portfolio
NORTH CANTON, Ohio , Oct. 16, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has reached an agreement to ...
Timken to Announce Third-Quarter 2023 Financial Results on Nov. 1
NORTH CANTON, Ohio , Oct. 13, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its third-quarter...