Timken (NYSE:TKR) Releases Earnings Results, Beats Expectations By $0.08 EPS

Timken (NYSE:TKR) issued its earnings results on Wednesday. The industrial products company reported $1.16 EPS for the quarter, topping the consensus estimate of $1.08 by $0.08, Zacks reports. Timken had a return on equity of 14.82% and a net margin of 7.41%. Timken updated its FY 2025 guidance to 5.300-5.800 EPS.

Timken Stock Performance

Shares of Timken stock traded up $0.01 during midday trading on Friday, hitting $81.29. The company had a trading volume of 52,497 shares, compared to its average volume of 665,038. The stock has a market cap of $5.70 billion, a PE ratio of 16.91, a P/E/G ratio of 1.04 and a beta of 1.39. Timken has a 1-year low of $69.35 and a 1-year high of $94.71. The business’s 50 day simple moving average is $75.39 and its two-hundred day simple moving average is $79.42. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.00 and a quick ratio of 1.62.

Analyst Ratings Changes

A number of analysts have recently issued reports on TKR shares. KeyCorp reissued a “sector weight” rating on shares of Timken in a research report on Friday, November 22nd. Citigroup lowered their target price on shares of Timken from $90.00 to $85.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Morgan Stanley raised Timken from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $82.00 to $93.00 in a research report on Tuesday, December 17th. DA Davidson lowered their price objective on Timken from $103.00 to $99.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Finally, Evercore ISI upgraded Timken from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $87.00 to $91.00 in a report on Wednesday, November 13th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $91.50.

Timken Company Profile

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.