TimkenSteel Corp (NYSE: TMST) has reported E.P.S. of $0.03 for its fourth fiscal quarter (ending December 31) versus $-0.75 for the same period a year ago. Relative to the consensus estimate of $0.27, this was a shortfall of $-0.24. For the latest four quarters through December 31, E.P.S. were $1.58 compared to $1.42 a year ago — an increase of 11%.
Recent Price Action
TimkenSteel Corp (NYSE: TMST) stock closed at $19.82 on 2/27/24 after a decline of -2.8%. However, this decline was accompanied by below average trading volume at 72% of normal. The stock has performed in line with the market over the last nine months and has declined -3.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TMST is expected to continue to be a Value Builder.
TimkenSteel has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. TimkenSteel has a neutral Appreciation Score of 48 but a good Power Rating of 72, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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