TimkenSteel Corp (NYSE: TMST). Important negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
TimkenSteel Corp (NYSE: TMST). Significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
TMST’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
TimkenSteel has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. TimkenSteel has a slightly positive Appreciation Score of 61 and a neutral Power Rating of 48, triggering the Neutral Value Trend Rating.
Recent Price Action
On 3/8/24, TimkenSteel Corp (NYSE: TMST) stock declined slightly by -0.8%, closing at $20.26. Moreover, above average trading volume at 140% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -6.9% during the last week.
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