The Timken Co (NYSE: TKR) has recently experienced extremely meaningful negative changes in investment behavior: its longer term price trend turned down, and its shorter term price trend turned down.
Meaningful negative changes in fundamentals have recently occurred for The Timken Co (NYSE: TKR): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
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
Reflecting future returns on capital that are forecasted to be above the cost of capital, TKR is expected to continue to be an important Value Builder.
Timken has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Timken has a slightly positive Appreciation Score of 66 and a neutral Power Rating of 43, leading to the Neutral Value Trend Rating.
Recent Price Action
On 11/8/24, The Timken Co (NYSE: TKR) stock declined slightly by -0.2%, closing at $76.85. Moreover, this decline was accompanied by above average trading volume at 127% of normal. The stock has performed in line with the market over the last nine months and has declined -7.4% during the last week.
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