Timken Stock (NYSE:TKR), Trade Ideas

Timken

The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.

Long Ideas

News

Small Cap

Markets

Media

Trading Ideas

CHGG

On CNBC’s &#34;Mad Money Lightning Round,&#34; Jim Cramer recommended to buy  Constellation Energy Corporation  (NASDAQ: CEG). &#34;All the kin of energy that I like  under one roof,&#34; he added.

Jim Cramer Won&#39;t Press &#39;Buy Button&#39; On This Stock, Calls Out Insurers: &#39;They Have No Idea What&#39;s Going On&#39;

Equities

General

Engineered bearings and industrial motion products maker The Timken Company (NYSE: TKR) has acquired Des-Case Corp., a manufacturer of specialty filtration products for industrial lubricants.

Bearings Maker Timken Acquires Specialty Filtration Products Firm Des-Case

Earnings

Mid Cap

Guidance

Movers

The Timken Company (NYSE: TKR) shares are trading lower by around 9% after it reported a Q2 FY23 earnings miss and 

Timken Shares Dip As Q2 Falls Short; FY23 Outlook Reduced Citing Current Order Trends

The Timken Co

TINKA RESOURCES LTD by Tinka Resources Limited

Tinka Resources Ltd

TOKAI RIKA CO LTD ORD by Tokai Rika Co., Ltd.

Tokai Rika Co Ltd

Takara Leben Real Estate Investment Corp Ordinary Shares

Takara Leben Real Estate Investment Corp

<p>The Timken Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>, &amp;nbsp, <a href="https://c212.net/c/link/?t=0&amp;amp, , %20l=en&amp;amp, , %20o=4125756-1&amp;amp, , %20h=3992500893&amp;amp, , %20u=http%3A%2F%2Fwww.timken.com%2F&amp;amp, , %20a=www.timken.com" target="_blank">www.timken.com</a>)))) Board of Directors has reached an agreement with&nbsp;Tarak Mehta&nbsp;to become Timken&#39;s next president and chief executive officer on&nbsp;Sept. 5, 2024. Mehta is currently president of the Motion business and member of the Group Executive Committee at ABB Ltd., a&nbsp;$32 billion&nbsp;leader in electrification and automation. Mehta will be appointed Timken president and CEO after he completes a transition period with ABB.</p>
<p>Richard G. Kyle&nbsp;will remain president and CEO until Mehta&#39;s appointment date. At that time, Kyle will move into an advisory role to assist with the leadership transition. Kyle plans to retire as an employee of Timken following a decade of leadership as CEO but will continue to serve on the Timken Board of Directors.&nbsp;</p>
<p>Mehta has 35 years of industry experience, including a 26-year career at ABB. As president of ABB&#39;s Motion business, he has extensive experience accelerating organic growth and innovation across global industrial markets, scaling business portfolios through M&amp;A transactions and helping customers save energy and improve efficiency. While at ABB, Mehta held a variety of global business leadership positions of increasing responsibility, including president of Electrification Products. Mehta will be joining the Timken team in&nbsp;North Canton, Ohio, and is expected to be appointed to the Timken Board of Directors at a future date.</p>


Management

The Timken Co Tapped Tarak Mehta as CEO, Effective September 5, Taking Over From the Retiring Richard G. Kyle

<p>In the preceding three months, 5 analysts have released ratings for Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>), presenting a wide array of perspectives from bullish to bearish.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $87.4, along with a high estimate of $100.00 and a low estimate of $74.00. Surpassing the previous average price target of $86.33, the current average has increased by 1.24%.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1711026055_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>The standing of Timken among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bryan Blair</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$100.00</td>
<td>$97.00</td>
</tr>
<tr>
<td>David Raso</td>
<td>Evercore ISI Group</td>
<td>Maintains</td>
<td>In-Line</td>
<td>$84.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Joe Ritchie</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$87.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Michael Shlisky</td>
<td>DA Davidson</td>
<td>Announces</td>
<td>Buy</td>
<td>$92.00</td>
<td>-</td>
</tr>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$74.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Timken. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Timken compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of Timken's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Timken's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TKR/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Timken analyst ratings.</strong></a></p>
<h2>All You Need to Know About Timken</h2>
<p>The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.</p>
<h3>Timken: Financial Performance Dissected</h3>
<p><strong>Market Capitalization Analysis:</strong> Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Timken's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately <strong>0.85%</strong>. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.</p>
<p><strong>Net Margin:</strong> Timken's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of <strong>5.38%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Timken's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of <strong>2.32%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of <strong>0.92%,</strong> the company may need to address challenges in generating satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>0.97</strong>, Timken faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Ratings

Where Timken Stands With Analysts

<p>Oppenheimer  analyst Bryan Blair   reiterates Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Outperform and raises the price target from $97 to $100.</p>


Price Target

Reiteration

Oppenheimer Reiterates Outperform on Timken, Raises Price Target to $100

<p>By the close of today, March 06, 2024, <b>Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>)</b> will issue a dividend payout of $0.33 per share, resulting in an annualized dividend yield of 1.62%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on February 16, 2024.</p>
<h3>Timken Recent Dividend Payouts</h3>
<style>
        table {
            width: 100%;
            border-collapse: collapse;
            font-family: Arial, sans-serif;
            font-size: 14px;
        }

        th, td {
            padding: 8px;
            text-align: left;
        }

        th {
            background-color: #293a5a;
            color: #fff;
            text-align: left;
        }

        tr:nth-child(even) {
            background-color: #f2f4f8;
        }

        tr:hover {
            background-color: #e1e4ea;
        }

        td:nth-child(3), td:nth-child(5) {
            text-align: left;
        }

        .dividend-amount {
            font-weight: bold;
            color: #0d6efd;
        }

        .dividend-frequency {
            font-size: 12px;
            color: #6c757d;
        }
    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-16</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>1.62%</td>
<td>2024-02-08</td>
<td>2024-02-20</td>
<td>2024-03-06</td>
</tr>
<tr>
<td>2023-11-13</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>1.86%</td>
<td>2023-11-03</td>
<td>2023-11-14</td>
<td>2023-11-29</td>
</tr>
<tr>
<td>2023-08-14</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>1.41%</td>
<td>2023-08-02</td>
<td>2023-08-15</td>
<td>2023-08-28</td>
</tr>
<tr>
<td>2023-05-15</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>1.78%</td>
<td>2023-05-05</td>
<td>2023-05-16</td>
<td>2023-05-30</td>
</tr>
<tr>
<td>2023-02-17</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>1.49%</td>
<td>2023-02-10</td>
<td>2023-02-21</td>
<td>2023-03-06</td>
</tr>
<tr>
<td>2022-11-18</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>1.71%</td>
<td>2022-11-11</td>
<td>2022-11-21</td>
<td>2022-12-02</td>
</tr>
<tr>
<td>2022-08-12</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>1.95%</td>
<td>2022-08-03</td>
<td>2022-08-15</td>
<td>2022-09-02</td>
</tr>
<tr>
<td>2022-05-13</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.04%</td>
<td>2022-05-06</td>
<td>2022-05-16</td>
<td>2022-06-02</td>
</tr>
<tr>
<td>2022-02-18</td>
<td style="text-align: right;">4</td>
<td>$0.3</td>
<td>1.81%</td>
<td>2022-02-11</td>
<td>2022-02-22</td>
<td>2022-03-04</td>
</tr>
<tr>
<td>2021-11-19</td>
<td style="text-align: right;">4</td>
<td>$0.3</td>
<td>1.59%</td>
<td>2021-11-12</td>
<td>2021-11-22</td>
<td>2021-12-03</td>
</tr>
<tr>
<td>2021-08-19</td>
<td style="text-align: right;">4</td>
<td>$0.3</td>
<td>1.57%</td>
<td>2021-08-04</td>
<td>2021-08-20</td>
<td>2021-09-03</td>
</tr>
<tr>
<td>2021-05-20</td>
<td style="text-align: right;">4</td>
<td>$0.3</td>
<td>1.33%</td>
<td>2021-05-07</td>
<td>2021-05-21</td>
<td>2021-06-03</td>
</tr>
</tbody>
</table>
<p>With a dividend yield that places it neither at the top nor the bottom, Timken finds itself in the middle among its industry peers, while <b>Stanley Black &amp; Decker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>)</b> boasts the highest annualized dividend yield at 3.64%.</p>
<h3>Analyzing Timken Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709737528_0.png" alt="dividend chart graph" /></p>
<p>As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $1.13 in 2020 to $1.30 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.</p>
<h3>YoY Earnings Growth For Timken</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709737528_1.png" alt="earning chart graph" /></p>
<p>From 2020 to 2023, Timken has demonstrated an upward trend in earnings, with earnings per share rising from $4.10 to $6.87. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.</p>
<h3>Recap</h3>
<p>In this article, we explore the recent dividend payout of Timken and its significance for shareholders. The company has decided to distribute a dividend of $0.33 per share today, which equates to an annualized dividend yield of 1.62%.</p>
<p>With a dividend yield that places it neither at the top nor the bottom, Timken finds itself in the middle among its industry peers, while Stanley Black &amp; Decker boasts the highest annualized dividend yield at 3.64%.</p>
<p>The increase in both dividend per share and earnings per share from 2020 to 2023 for Timken indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.</p>
<p>Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.</p>
<p>\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Dividends

Timken Empowers Investors with Solid Returns and Fueling Shareholder Value

<p>Thursday marks the last chance for investors to receive the next  dividend payout from <strong>Timken</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Thursday that it would pay shareholders a quarterly dividend of 33 cents per share. On Friday, Timken will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 33 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own TKR as of the end of Thursday's session are eligible to receive the 33 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on March 06, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/quote/TKR">See current stock movements Timken on Benzinga.</a></p>


Timken's Ex-Dividend Date Is Friday, Here's What You Need To Know

<p>Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.</p>
<p>The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts have recently evaluated Timken and provided 12-month price targets. The average target is $86.0, accompanied by a high estimate of $92.00 and a low estimate of $74.00. Highlighting a 6.52% decrease, the current average has fallen from the previous average price target of $92.00. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1707231640_0.png" alt="price target chart" /></p>
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
<p>The analysis of recent analyst actions sheds light on the perception of Timken by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joe Ritchie</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$87.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Michael Shlisky</td>
<td>DA Davidson</td>
<td>Announces</td>
<td>Buy</td>
<td>$92.00</td>
<td>-</td>
</tr>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$74.00</td>
<td>-</td>
</tr>
<tr>
<td>Stephen Volkmann</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Hold</td>
<td>$85.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Stanley Elliott</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$92.00</td>
<td>$93.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Timken. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Timken compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts predict movements in price targets, offering estimates for Timken's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>For valuable insights into Timken's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TKR/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Timken analyst ratings.</strong></a></p>
<h2>Get to Know Timken Better</h2>
<p>The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorised dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates its revenue in the United States of America.</p>
<h3>Understanding the Numbers: Timken's Finances</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> Timken displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately <strong>0.55%</strong>. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.</p>
<p><strong>Net Margin:</strong> Timken's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of <strong>7.69%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of <strong>3.51%,</strong> the company may need to address challenges in generating satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Timken's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of <strong>1.41%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>0.93</strong>, Timken faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<h2>Analyst Ratings: Simplified</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Decoding 5 Analyst Evaluations For Timken

<p>Goldman Sachs  analyst Joe Ritchie   maintains Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Neutral and raises the price target from $78 to $87.</p>


Goldman Sachs Maintains Neutral on Timken, Raises Price Target to $87

<h3>Gainers</h3>
<ul>
<li><strong>JE Cleantech Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JCSE#NASDAQ">JCSE</a>) shares moved upwards by 7.8% to $0.68 during Monday's pre-market session. The market value of their outstanding shares is at $3.4 million. </li>
<li><strong>American Superconductor</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMSC#NASDAQ">AMSC</a>) stock moved upwards by 7.78% to $12.04. The market value of their outstanding shares is at $435.0 million. </li>
<li><strong>Jet AI</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) shares increased by 7.6% to $0.92. The company's market cap stands at $9.0 million. </li>
<li><strong>AgEagle Aerial Sys</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UAVS#AMEX">UAVS</a>) stock moved upwards by 7.27% to $0.07. The company's market cap stands at $10.3 million. </li>
<li><strong>Graham</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHM#NYSE">GHM</a>) stock moved upwards by 6.16% to $21.0. The market value of their outstanding shares is at $224.7 million. As per the press release, Q3 earnings came out today. </li>
<li><strong>Terran Orbital</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLAP#NYSE">LLAP</a>) shares increased by 6.05% to $0.83. The company's market cap stands at $161.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Pineapple Energy</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) shares declined by 32.4% to $0.3 during Monday's pre-market session. The company's market cap stands at $3.1 million. </li>
<li><strong>Roma Green Finance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROMA#NASDAQ">ROMA</a>) shares declined by 7.93% to $0.83. The market value of their outstanding shares is at $8.6 million. </li>
<li><strong>Nauticus Robotics</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) shares decreased by 7.43% to $0.39. The market value of their outstanding shares is at $19.5 million. </li>
<li><strong>Timken</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) shares declined by 6.31% to $80.5. The company's market cap stands at $5.6 billion. As per the press release, Q4 earnings came out today. </li>
<li><strong>View</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIEW#NASDAQ">VIEW</a>) shares declined by 5.97% to $1.42. The market value of their outstanding shares is at $5.7 million. </li>
<li><strong>Swvl Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWVL#NASDAQ">SWVL</a>) stock declined by 5.69% to $4.81. The company's market cap stands at $32.6 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


AMSC

JCSE

JTAI

KITT

LLAP

PEGY

ROMA

SWVL

UAVS

VIEW

12 Industrials Stocks Moving In Monday's Pre-Market Session

Timken Co Expects FY24 Adj. EPS of $5.80-$6.20 Vs. $6.79 Est., Revenue Decline of 2.5% to 4.5% YoY Vs. $4.7B Est.

<p>Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) reported quarterly earnings of $1.37 per share which beat the analyst consensus estimate of $1.22 by 12.3 percent. This is a 2.24 percent increase over earnings of $1.34 per share from the same period last year.  The company reported quarterly sales of $1.09 billion which beat the analyst consensus estimate of $1.06 billion by 2.92 percent.  This is a 0.83 percent increase over sales of $1.08 billion the same period last year.</p>


Timken Q4 Adj. EPS $1.37 Beats $1.22 Estimate, Sales $1.09B Beat $1.06B Estimate

<h3>Companies Reporting Before The Bell</h3>
<p>&bull; NAPCO Security Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSSC#NASDAQ">NSSC</a>) is estimated to report quarterly earnings at $0.26 per share on revenue of $43.92 million.</p>
<p>&bull; Affiliated Managers Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMG#NYSE">AMG</a>) is projected to report quarterly earnings at $5.98 per share on revenue of $524.15 million.</p>
<p>&bull; Sphere Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPHR#NYSE">SPHR</a>) is expected to report quarterly loss at $0.85 per share on revenue of $300.23 million.</p>
<p>&bull; Bowlero (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOWL#NYSE">BOWL</a>) is estimated to report quarterly earnings at $0.12 per share on revenue of $300.52 million.</p>
<p>&bull; ON Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) is estimated to report quarterly earnings at $1.21 per share on revenue of $2.00 billion.</p>
<p>&bull; Tyson Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) is likely to report quarterly earnings at $0.40 per share on revenue of $13.36 billion.</p>
<p>&bull; McDonald&#39;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) is likely to report quarterly earnings at $2.82 per share on revenue of $6.45 billion.</p>
<p>&bull; Estee Lauder Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) is expected to report quarterly earnings at $0.55 per share on revenue of $4.20 billion.</p>
<p>&bull; IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) is expected to report quarterly earnings at $2.11 per share on revenue of $889.85 million.</p>
<p>&bull; Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) is projected to report quarterly earnings at $4.75 per share on revenue of $17.11 billion.</p>
<p>&bull; Graham (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHM#NYSE">GHM</a>) is projected to report quarterly loss at $0.03 per share on revenue of $38.94 million.</p>
<p>&bull; CNA Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) is likely to report quarterly earnings at $1.10 per share on revenue of $2.95 billion.</p>
<p>&bull; Mitsubishi UFJ Finl Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUFG#NYSE">MUFG</a>) is projected to report earnings for its third quarter.</p>
<p>&bull; Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) is estimated to report quarterly earnings at $1.22 per share on revenue of $1.06 billion.</p>
<p>&bull; Loews (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/L#NYSE">L</a>) is likely to report earnings for its fourth quarter.</p>
<p>&bull; Mesa Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLAB#NASDAQ">MLAB</a>) is likely to report quarterly earnings at $0.19 per share on revenue of $54.89 million.</p>
<p>&bull; Air Products &amp; Chemicals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) is expected to report quarterly earnings at $3.00 per share on revenue of $3.20 billion.</p>
<h3>Companies Reporting After The Bell</h3>
<p>&bull; Bright Scholar Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEDU#NYSE">BEDU</a>) is projected to report earnings for its first quarter.</p>
<p>&bull; IRSA Inversiones y (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IRS#NYSE">IRS</a>) is estimated to report earnings for its second quarter.</p>
<p>&bull; Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) is projected to report earnings for its fourth quarter.</p>
<p>&bull; BellRing Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRBR#NYSE">BRBR</a>) is estimated to report quarterly earnings at $0.39 per share on revenue of $412.86 million.</p>
<p>&bull; Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) is expected to report quarterly earnings at $0.68 per share on revenue of $777.81 million.</p>
<p>&bull; NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) is estimated to report quarterly earnings at $3.63 per share on revenue of $3.40 billion.</p>
<p>&bull; Symbotic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) is likely to report quarterly loss at $0.06 per share on revenue of $368.89 million.</p>
<p>&bull; Golub Capital BDC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GBDC#NASDAQ">GBDC</a>) is likely to report quarterly earnings at $0.48 per share on revenue of $160.51 million.</p>
<p>&bull; Kforce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KFRC#NASDAQ">KFRC</a>) is projected to report quarterly earnings at $0.79 per share on revenue of $363.36 million.</p>
<p>&bull; Vertex Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) is estimated to report quarterly earnings at $4.09 per share on revenue of $2.51 billion.</p>
<p>&bull; Itau Unibanco Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITUB#NYSE">ITUB</a>) is estimated to report quarterly earnings at $0.19 per share on revenue of $7.99 billion.</p>
<p>&bull; United States Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) is projected to report quarterly earnings at $0.37 per share on revenue of $299.98 million.</p>
<p>&bull; Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) is expected to report quarterly earnings at $0.07 per share on revenue of $602.55 million.</p>
<p>&bull; Skyline Champion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKY#NYSE">SKY</a>) is estimated to report quarterly earnings at $0.64 per share on revenue of $499.72 million.</p>
<p>&bull; AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $3.66 billion.</p>
<p>&bull; Amkor Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>) is expected to report quarterly earnings at $0.41 per share on revenue of $1.68 billion.</p>
<p>&bull; Coherent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $1.12 billion.</p>
<p>&bull; Simpson Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSD#NYSE">SSD</a>) is estimated to report quarterly earnings at $1.48 per share on revenue of $482.21 million.</p>
<p>&bull; Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) is projected to report quarterly earnings at $2.03 per share on revenue of $693.15 million.</p>
<p>&bull; Kimball Electronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KE#NASDAQ">KE</a>) is estimated to report quarterly earnings at $0.44 per share on revenue of $435.67 million.</p>
<p>&bull; Cabot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBT#NYSE">CBT</a>) is likely to report quarterly earnings at $1.49 per share on revenue of $952.85 million.</p>
<p>&bull; ChampionX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHX#NASDAQ">CHX</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $950.17 million.</p>
<p>&bull; Crown Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCK#NYSE">CCK</a>) is estimated to report quarterly earnings at $1.43 per share on revenue of $2.95 billion.</p>
<p>&bull; Flexsteel Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLXS#NASDAQ">FLXS</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $102.12 million.</p>
<p>&bull; Gladstone Cap (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLAD#NASDAQ">GLAD</a>) is projected to report quarterly earnings at $0.28 per share on revenue of $23.39 million.</p>
<p>&bull; Rambus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBS#NASDAQ">RMBS</a>) is estimated to report quarterly earnings at $0.45 per share on revenue of $134.00 million.</p>
<p>&bull; Chegg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHGG#NYSE">CHGG</a>) is estimated to report quarterly earnings at $0.36 per share on revenue of $187.44 million.</p>
<p>&bull; Simon Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPG#NYSE">SPG</a>) is estimated to report earnings for its fourth quarter.</p>
<p>&bull; Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $151.88 million.</p>
<p>&bull; Intevac (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVAC#NASDAQ">IVAC</a>) is estimated to report quarterly loss at $0.12 per share on revenue of $9.70 million.</p>
<p>&bull; FMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMC#NYSE">FMC</a>) is estimated to report quarterly earnings at $1.08 per share on revenue of $1.25 billion.</p>
<p>&bull; J&amp;J Snack Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JJSF#NASDAQ">JJSF</a>) is expected to report quarterly earnings at $0.78 per share on revenue of $362.88 million.</p>
<p>This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.</p>


AMKR

BEDU

BOWL

BRBR

COHR

FLXS

GBDC

GLAD

IDXX

ITUB

IVAC

JJSF

KFRC

MLAB

MUFG

NSSC

NXPI

PLTR

RMBS

SPHR

VRNS

VRTX

Earnings Scheduled For February 5, 2024

<p><strong>Timken</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) is set to give its latest quarterly earnings report on Monday, 2024-02-05. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that Timken will report an <strong>earnings per share</strong> (EPS) of $1.22. </p>
<p>Timken bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Historical Earnings Performance</h3>
<p>Last quarter the company missed EPS by $0.05, which was followed by a 3.13% increase in the share price the next day.</p>
<p>Here's a look at Timken's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.60</td>
<td>2.07</td>
<td>1.88</td>
<td>1.09</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.55</td>
<td>2.01</td>
<td>2.09</td>
<td>1.22</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>3.13%</td>
<td>-2.4%</td>
<td>-3.31%</td>
<td>2.94%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1706882516_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Timken were trading at $85.14 as of January 31. Over the last 52-week period, shares are up 2.47%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/TKR/earnings"><strong>To track all earnings releases for Timken visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Preview: Timken's Earnings

<p>On CNBC&rsquo;s &quot;Mad Money Lightning Round,&quot; <strong>Jim Cramer</strong> recommended to buy <strong> Constellation Energy Corporation </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ceg#NASDAQ">CEG</a>). &quot;All the kin of energy that I like <a href="https://www.benzinga.com/quote/CEG/news"> under one roof,&quot; he added.</a></p>
<p>Constellation Energy, last month, announced the board approved a $1 billion increase to the company&#39;s previously announced $1 billion repurchase program.</p>
<p>When asked about <strong> Chegg, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chgg#NYSE">CHGG</a>), he said, &quot;I think it&rsquo;s an exploratory situation, but I cannot press the buy button.&quot;</p>
<p>Goldman Sachs analyst Eric Sheridan downgraded Chegg to Sell from Neutral, lowering the price target to $8 from $10. The analyst modestly lowered revenue estimates, reflecting a lower subscriber count as the competitive environment intensifies, particularly as it relates to ChatGPT and other emerging competitors <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/01/36700957/goldman-sachs-downgrades-chegg-to-sell-cites-rising-competition-from-gen-z-using-ai">leveraging generative AI</a>.</p>
<p>Cramer said he likes <strong> The Timken Company </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tkr#NYSE">TKR</a>). &quot;I think it&rsquo;s real good,&quot; he added.</p>
<p>DA Davidson analyst Michael Shlisky, last week, initiated coverage on Timken with a Buy rating and announced a price target of $92.</p>
<p><em>Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> </em></p>
<p>When asked about <strong> UnitedHealth</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/unh#NYSE">UNH</a>),&nbsp;Cramer said &quot;that group is in a massive reset.&quot;</p>
<p>&quot;As much as I respect the work of all of these companies, they don&rsquo;t, they have no idea what&rsquo;s going on in their own business right now,&quot; he said.</p>
<p>UnitedHealth recently reported a net profit of $22.4 billion in fiscal year 2023 and around $5.5 billion in for the fourth quarter. Group revenues for the fourth quarter rose 14% year-over-year to $94.4 billion, topping analysts&rsquo; <a href="https://www.benzinga.com/news/earnings/24/01/36609749/unitedhealths-2023-profits-hit-22b-but-shares-slide-on-higher-medical-costs">estimates of $92.14 billion.</a></p>
<h3><strong>Price Action</strong></h3>
<ul>
<li>Shares of UnitedHealth gained 2% to close at $503.20.</li>
<li>Chegg shares gained 1.9% to $10.33 on Friday.</li>
<li>Timken shares fell 0.4% to settle at $81.43.</li>
<li>Constellation Energy shares gained 0.6% to close at $121.27 during Friday&rsquo;s session.</li>
</ul>
<p><em>Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/01/36800890/paysign-and-3-other-stocks-under-3-insiders-are-buying"> PaySign And 3 Other Stocks Under $3 Insiders Are Buying </a> </em></p>
<p><em>Image by <a href="https://pixabay.com/users/thedigitalartist-202249/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=686337">Pete Linforth</a> from <a href="https://pixabay.com//?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=686337">Pixabay</a></em></p>


Jim Cramer Won't Press 'Buy Button' On This Stock, Calls Out Insurers: 'They Have No Idea What's Going On'

<p>DA Davidson  analyst Michael Shlisky   initiates coverage on Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Buy rating and announces Price Target of $92.</p>


Initiation

DA Davidson Initiates Coverage On Timken with Buy Rating, Announces Price Target of $92

<p>In the latest quarter, 6 analysts provided ratings for Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>), showcasing a mix of bullish and bearish perspectives.</p>
<p>The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the assessment of 12-month price targets, analysts unveil insights for Timken, presenting an average target of $82.67, a high estimate of $92.00, and a low estimate of $74.00. A 14.77% drop is evident in the current average compared to the previous average price target of $97.00. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1704733209_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive Timken. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$74.00</td>
<td>-</td>
</tr>
<tr>
<td>Stephen Volkmann</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Hold</td>
<td>$85.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Stanley Elliott</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$92.00</td>
<td>$93.00</td>
</tr>
<tr>
<td>Steve Barger</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$91.00</td>
<td>$102.00</td>
</tr>
<tr>
<td>Timothy Thein</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$80.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Ross Gilardi</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$74.00</td>
<td>$100.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Timken. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Timken compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts provide insights into price targets, offering estimates for the future value of Timken's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Timken's market standing. Stay informed and make data-driven decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TKR/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Timken analyst ratings.</strong></a></p>
<h2>Discovering Timken: A Closer Look</h2>
<p>The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorised dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates its revenue in the United States of America.</p>
<h3>Timken: Delving into Financials</h3>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Timken's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of <strong>0.55%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.</p>
<p><strong>Net Margin:</strong> Timken's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of <strong>7.69%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Timken's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of <strong>3.51%,</strong> the company may encounter challenges in delivering satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Timken's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of <strong>1.41%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>0.93</strong>, Timken faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<h2>Analyst Ratings: What Are They?</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Peeling Back The Layers: Exploring Timken Through Analyst Insights

<p>Morgan Stanley  analyst Angel Castillo   initiates coverage on Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Equal-Weight rating and announces Price Target of $74.</p>


Morgan Stanley Initiates Coverage On Timken with Equal-Weight Rating, Announces Price Target of $74

The Timken Company Announced The Acquisition Of Lagersmit For An Undisclosed Amount

<p>Jefferies  analyst Stephen Volkmann   downgrades Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) from Buy to Hold and lowers the price target from $105 to $85.</p>


Downgrades

Jefferies Downgrades Timken to Hold, Lowers Price Target to $85

<p>Over the past 3 months, 4 analysts have published their opinion on Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Explore the 12-month price targets set by 4 analysts for Timken in the last 3 months. The average price target is $84.25, with a high estimate of $92.00 and a low estimate of $74.00. </p>
<p>Below is a summary of how these 4 analysts rated Timken over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock</p>
<p><img src="https://www.benzinga.com/files/images/story/2023/1703005253_0.png" alt="price target chart" /></p>
<p>This current average represents a 11.32% decrease from the previous average price target of $95.00. </p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>Explore the sentiments of financial experts and analysts through a comprehensive breakdown of their recent evaluations for Timken. Our Ratings Table below offers a detailed overview of the actions taken by key analysts, their current ratings, and price targets. Understanding how these experts perceive the company can provide valuable insights into potential market trends and investor sentiment.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Stanley Elliott</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$92.00</td>
<td>$93.00</td>
</tr>
<tr>
<td>Steve Barger</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$91.00</td>
<td>$102.00</td>
</tr>
<tr>
<td>Timothy Thein</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$80.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Ross Gilardi</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$74.00</td>
<td>$100.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Timken. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Timken compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts provide insights into price targets, offering estimates for the future value of Timken's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Timken's market standing. Stay informed and make data-driven decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TKR/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Timken analyst ratings.</strong></a></p>
<h2>About Timken</h2>
<p>The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorised dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates its revenue in the United States of America.</p>
<h3>Financial Insights: Timken</h3>
<p><strong>Market Capitalization:</strong> Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Timken's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>0.55%</strong> as of 30 September, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of <strong>7.69%,</strong> the company may need to address challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> Timken's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of <strong>3.51%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of <strong>1.41%,</strong> the company may need to address challenges in generating satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of <strong>0.93</strong>, caution is advised due to increased financial risk.</p>
<h1>The Basics of Analyst Ratings</h1>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


The Latest Analyst Ratings For Timken

<p>Stifel  analyst Stanley Elliott   maintains Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Buy and lowers the price target from $93 to $92.</p>


Stifel Maintains Buy on Timken, Lowers Price Target to $92

There's a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Symbotic (SYM – Research Report), WillScot Mob...

Analysts Are Bullish on Top Industrial Goods Stocks: Symbotic (SYM), WillScot Mobile Mini Holdings (WSC)

Timken declares $0.33 dividend

Dividend Champion, Contender, And Challenger Highlights: Week Of February 11

Caterpillar, Ingersoll Rand downgraded at Evercore ISI

Chart Industries Soars On Expectations For A Very Bright Future

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Hayward Holdings (HAYW – Research Report), T...

Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Hayward Holdings (HAYW), Timken Company (TKR) and Nordex (OtherNRDXF)

Dividend Champion, Contender, And Challenger Highlights: Week Of March 3

Timken names Tarak Mehta as new CEO, Kyle to step down

In a report released today, Bryan Blair from Oppenheimer maintained a Buy rating on Timken Company (TKR – Research Report), with a price target of ...

Timken Company (TKR) Receives a Rating Update from a Top Analyst

Timken Company (TKR) has shared an announcement. Richard G. Kyle, the current President and CEO of The Timken Company, has announced his retirement...