The Timken Co (NYSE: TKR) has reported E.P.S. of $1.17 for its third fiscal quarter (ending September 30) versus $1.24 for the same period a year ago — a decline of -6%. For the latest four quarters through September 30, E.P.S. were $4.85 compared to $6.02 a year ago — a decline of -19%.
Recent Price Action
The Timken Co (NYSE: TKR) stock closed at $72.60 on 11/5/24 after a major decline of -12.9%. Moreover, this decline was accompanied by exceptionally high trading volume at 467% of normal. The stock has performed in line with the market over the last nine months and has declined -15.5% during the last week.
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). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Timken has a neutral Appreciation Score of 60 and a neutral Power Rating of 47, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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