The Timken Company (TKR)
NYSE: TKR · IEX Real-Time Price · USD
79.54
+0.54 (0.68%)
Jul 2, 2024, 4:00 PM EDT - Market closed
The Timken Company Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for The Timken Company stock have an average target of 87.91, with a low estimate of 74 and a high estimate of 104. The average target predicts an increase of 10.52% from the current stock price of 79.54.
Analyst Consensus: Buy
* Price targets were last updated on May 23, 2024.
Analyst Ratings
The average analyst rating for TKR stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 5 | 5 | 5 | 5 | 6 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 10 | 10 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 28, 2024 |
| Keybanc | Keybanc | Buy Maintains $95 → $104 | Buy | Maintains | $95 → $104 | +30.75% | May 23, 2024 |
| Keybanc | Keybanc | Buy Maintains $91 → $95 | Buy | Maintains | $91 → $95 | +19.44% | May 2, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $78 → $87 | Hold | Maintains | $78 → $87 | +9.38% | May 1, 2024 |
| Stifel | Stifel | Strong Buy Maintains $92 → $100 | Strong Buy | Maintains | $92 → $100 | +25.72% | May 1, 2024 |
Financial Forecast
Revenue This Year
4.67B
from 4.77B
Decreased by -2.18%
Revenue Next Year
4.87B
from 4.67B
Increased by 4.31%
EPS This Year
6.29
from 5.47
Increased by 14.97%
EPS Next Year
7.11
from 6.29
Increased by 13.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.9B | 5.2B | 5.5B |
| Avg | 4.7B | 4.9B | 5.0B |
| Low | 4.5B | 4.6B | 4.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5% | 10.4% | 12.9% |
| Avg | -2.2% | 4.3% | 3.7% |
| Low | -5.8% | -2.1% | -3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.67 | 8.21 | 9.61 |
| Avg | 6.29 | 7.11 | 8.01 |
| Low | 5.98 | 6.51 | 7.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.9% | 30.6% | 35.1% |
| Avg | 15.0% | 13.1% | 12.6% |
| Low | 9.3% | 3.5% | 1.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.