On July, 25 Analysts See $1.09 EPS for The Timken Company (TKR)

June 26, 2018 - By Lena Young

The Timken Company (NYSE:TKR) Corporate Logo
During Q1 2018 the big money sentiment increased to 0.94. That’s change of 0.06, from 2017Q4’s 0.88. 32 investors sold all, 101 reduced holdings as The Timken Company ratio is positive. 82 increased positions while 43 funds took positions. Funds hold 58.66 million shares thus 1.14% less from 2017Q4’s 59.34 million shares.
4,341 were reported by Us Commercial Bank De. Brookstone Management stated it has 8,867 shs or 0.04% of all its holdings. Plante Moran Advisors Ltd Llc stated it has 53 shs or 0% of all its holdings. State Treasurer State Of Michigan holds 0.01% or 25,000 shs in its capital. Visionary Asset Mgmt Inc invested in 0.1% or 6,873 shs. Phocas Financial Corporation reported 104,472 shs. Scout Investments reported 0.4% stake. Moreover, Oppenheimer And has 0.03% invested in The Timken Company (NYSE:TKR). Rhumbline Advisers stated it has 134,700 shs. Ellington Mngmt Group Ltd Liability Company has invested 0.03% of its capital in The Timken Company (NYSE:TKR). Hudson Bay Mngmt Lp reported 0.03% stake. Hightower Ltd Liability Com owns 12,948 shs or 0% of their US capital. Convergence Investment Partners Limited Co stated it has 0% in The Timken Company (NYSE:TKR). Louisiana State Employees Retirement invested in 0.04% or 18,000 shs. The Pennsylvania-based Clark Cap Incorporated has invested 0.07% in The Timken Company (NYSE:TKR).

The Timken Company had 4 selling transactions and 1 buying transaction since February 20, 2018. This’s net activity of $580,479. On Tuesday, February 20 WOODS JACQUELINE F sold $151,152 worth of The Timken Company (NYSE:TKR). TIMKEN WARD J JR had sold 4,002 shs worth $196,493. On Tuesday, May 8 3,739 shs were sold by Fracassa Philip D., worth $178,388. $89,700 worth of The Timken Company (NYSE:TKR) was bought by SULLIVAN FRANK C.

The Timken Company (NYSE:TKR)’s quarterly earnings will be reported on July, 25., according to Faxor. This year’s earnings per share analyst estimate is expected to be $1.09. That is 60.29 % up compareed to $0.68 earnings per share for last year. In case of $1.09 earnings per share TKR’s profit could reach $84.58 million. 7.92 % EPS growth is what Wall Street’s forecasts after $1.01 reported EPS last quarter. TKR is hitting $44.15 during the last trading session, after increased 0.23%.Currently The Timken Company is uptrending after 7.38% change in last June 26, 2017. TKR has 234,068 shares volume. TKR underperformed the S&P500 by 5.19%.

The Timken Company (NYSE:TKR) Ratings Coverage

A total of 5 analysts rate The Timken Company (NYSE:TKR) as follows: 4 “Buy”, 0 “Hold” and 1 “Sell”. Тherefore 80% are bullish. (NYSE:TKR) has 6 ratings reports on Jun 26, 2018 according to StockzIntelligence. On Tuesday, May 29 Stifel Nicolaus upgraded the shares of TKR in report to “Buy” rating. On Tuesday, May 22 the firm has “Underperform” rating given by Bank of America. On Tuesday, January 2 the company was upgraded by Longbow. On Thursday, January 18 the company was upgraded by Jefferies. In Thursday, February 8 report Stifel Nicolaus maintained the stock with “Hold” rating. On Friday, May 4 the stock of The Timken Company (NYSE:TKR) earned “Buy” rating by Vertical Research.

The Timken Company engineers, manufactures, and markets bearings, transmissions, gearboxes, belts, chains, couplings, and related products worldwide.The firm is valued at $3.43 billion. It operates through two divisions, Mobile Industries and Process Industries.The P/E ratio is 14.15. The Mobile Industries segment offers a portfolio of bearings, seals, lubrication devices, and systems, as well as power transmission components, engineered chains, augers, belts, and related products and maintenance services to original equipment manufacturers and end users of off-highway equipment, such as agricultural, construction, mining, outdoor power equipment, and powersports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives.

There’s an important The Timken Company (NYSE:TKR) news published by Benzinga.com. It’s a report titled: “Timken Is Poised For Growth, Stifel Says In Bullish Turn” on May 29, 2018.

The Timken Company (NYSE:TKR) Institutional Investors Chart

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