Timken Company Stock Today
| TKR Stock | USD 86.02 0.59 0.68% |
Performance5 of 100
| Odds Of DistressLess than 3
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Timken is selling at 86.02 as of the 25th of April 2024; that is -0.68 percent decrease since the beginning of the trading day. The stock's lowest day price was 85.36. Timken has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Timken Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 1st of July 1985 | Category Industrials |
The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio. Timken operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. The company has 70.39 M outstanding shares of which 1.4 M shares are at this time shorted by investors with about 2.95 days to cover. More on Timken Company
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Timken Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Timken's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Timken or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Richard Kyle | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Housewares (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Machinery & Supplies & Components, Tools & Accessories, Industrials, NYSE Composite, SP Midcap 400, Housewares, Industrials, Machinery, Tools & Accessories, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Timken report their recommendations after researching Timken's financial statements, talking to executives and customers, or listening in on Timken's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Timken Company. The Timken consensus assessment is calculated by taking the average forecast from all of the analysts covering Timken. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Timken's profitability, liquidity, and operating efficiency, Timken Company is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Timken Company is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Timken's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Timken's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Timken's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Timken's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Timken's financial leverage. It provides some insight into what part of Timken's total assets is financed by creditors.
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Timken Company (TKR) is traded on New York Stock Exchange in USA. It is located in 4500 Mount Pleasant Street NW, North Canton, OH, United States, 44720-5450 and employs 19,602 people. Timken is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 6.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Timken's market, we take the total number of its shares issued and multiply it by Timken's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Timken Company runs under Machinery sector within Industrials industry. The entity has 70.39 M outstanding shares of which 1.4 M shares are at this time shorted by investors with about 2.95 days to cover.
Timken Company has about 331.6 M in cash with 545.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.14.
Check Timken Probability Of Bankruptcy
Ownership AllocationTimken Company shows a total of 70.39 Million outstanding shares. The majority of Timken Company outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Timken to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Timken Company. Please pay attention to any change in the institutional holdings of Timken Company as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Timken Ownership Details
Timken Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Timken jumping above the current price in 90 days from now is about 24.57%. The Timken Company probability density function shows the probability of Timken stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.7875. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Timken will likely underperform. Additionally, timken Company has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Timken to move above the current price in 90 days from now is about 24.57 (This Timken Company probability density function shows the probability of Timken Stock to fall within a particular range of prices over 90 days) .
Timken Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Timken that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Timken's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Timken's value.| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2023-12-31 | 1 M | |
| Geode Capital Management, Llc | 2023-12-31 | 988.4 K | |
| Massachusetts Financial Services Company | 2023-12-31 | 960.9 K | |
| Macquarie Group Ltd | 2023-12-31 | 914.8 K | |
| Lsv Asset Management | 2023-12-31 | 842.2 K | |
| Principal Financial Group Inc | 2023-12-31 | 824.3 K | |
| Brown Advisory Holdings Inc | 2023-12-31 | 776.3 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 758.4 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 713.7 K | |
| Vanguard Group Inc | 2023-12-31 | 6.2 M | |
| Blackrock Inc | 2023-12-31 | 5.6 M |
Timken Historical Income Statement
Timken Company Income Statement is one of the three primary financial statements used for reporting Timken's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Timken Company revenue and expense. Timken Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Timken's Gross Profit is relatively stable compared to the past year. As of 04/25/2024, Operating Income is likely to grow to about 690 M, while Total Revenue is likely to drop slightly above 3.4 B. View More FundamentalsTimken Stock Against Markets
Picking the right benchmark for Timken stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Timken stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Timken is critical whether you are bullish or bearish towards Timken Company at a given time. Please also check how Timken's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Timken without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Timken Corporate Directors
Timken corporate directors refer to members of a Timken board of directors. The board of directors generally takes responsibility for the Timken's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Timken's board members must vote for the resolution. The Timken board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Sarah Lauber | Independent Director | Profile | |
| Elizabeth Harrell | Independent Director | Profile | |
| Christopher Mapes | Independent Director | Profile | |
| john Luke | Independent Director | Profile |
How to buy Timken Stock?
Before investing in Timken, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Timken. To buy Timken stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Timken. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Timken stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Timken Company stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Timken Company stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Timken Company, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Timken Stock please use our How to Invest in Timken guide.
Already Invested in Timken Company?
The danger of trading Timken Company is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Timken is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Timken. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Timken Company is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Timken Company is a strong investment it is important to analyze Timken's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Timken's future performance. For an informed investment choice regarding Timken Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Timken Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Timken Stock analysis
When running Timken's price analysis, check to measure Timken's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Timken is operating at the current time. Most of Timken's value examination focuses on studying past and present price action to predict the probability of Timken's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Timken's price. Additionally, you may evaluate how the addition of Timken to your portfolios can decrease your overall portfolio volatility.
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Is Timken's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Timken. If investors know Timken will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Timken listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Dividend Share 1.3 | Earnings Share 5.47 | Revenue Per Share 66.814 | Quarterly Revenue Growth 0.009 |
The market value of Timken Company is measured differently than its book value, which is the value of Timken that is recorded on the company's balance sheet. Investors also form their own opinion of Timken's value that differs from its market value or its book value, called intrinsic value, which is Timken's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Timken's market value can be influenced by many factors that don't directly affect Timken's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Timken's value and its price as these two are different measures arrived at by different means. Investors typically determine if Timken is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Timken's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.