Timken Co. (TKR) Stock Forecast & Predictions

Timken Co. TKR: $67.48

4500 Mount Pleasant St NW, North Canton, Ohio, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.timken.com

  • Market Cap$5.15B
  • Change (52 Weeks)28.05%
  • Low (52 Weeks)$51.9
  • Timken Co. (TKR) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 31.25% on Sell, and 43.75% Neutral.

    According to the market data, Timken Co. (TKR) stock price is $67.48 and the 52 weeks low is $51.9, which means the Timken Co. stock price is up 28.05% in the last 12 months.

    Timken Co. (TKR) Stock Price has been Trending Strongly with an ADX reading of 27.81 as per the Weekly Chart.

    A Upward trend indicates that Timken Co. (TKR) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that TKR Stock price might rise further, 31.25% indicating that TKR Stock price might fall, and 43.75% are in a neutral position.

    Based on these technical algorithms, overall TKR stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Timken Co. (TKR) Stock Forecast By Analysts


    Moderate Buy
    Analysts Recommendations for Timken Co. (TKR) is based on 13 Institutional Analyst Ratings where 38.46% are on Strong Buy, 38.46% on Moderate Buy, 23.08% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 13 Institutional Analysts, majority recommended TKR stock as Moderate Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Timken Co..

    Timken Co. (TKR) Stock Price Prediction By Analysts


    HighLowAverage
    $109.20$78.78$93.20
    $93.2038.12% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for TKR set by the institutional analysts is $93.20 where High Estimate is $109.20, Median $94.35000000000001 and Low $78.78.

    The average price target for TKR by Institutional Analysts is $93.20, which is 38.12% Upside from the current price. So according to the Institutional Analysts, TKR Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Timken Co. (TKR) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 478,822 investor portfolio.

    Our algorithm has analysed 478,822 investor portfolio with TKR stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about TKR and holding their positions hoping for a further rise in the stock price and more profit.

    Timken Co. (TKR) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Loop CapitalHoldInitiated
    JefferiesBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    KeybancOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    B of A SecuritiesBuyMaintained
    KeyBancOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Bank of AmericaBuyUpgraded
    Stifel NicolausBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    Bank of AmericaUnderperformReiterated
    Morgan StanleyEqual-WeightMaintained
    Bank of AmericaUnderperformDowngraded
    Goldman SachsBuyUpgraded
    Morgan StanleyEqual-WeightInitiated
    Bank of AmericaBuyUpgraded
    Goldman SachsNeutralInitiated
    Bank of AmericaNeutralUpgraded
    KeyBancOverweightMaintained
    CL KingNeutralInitiated
    KeyBancOverweightUpgraded
    Stifel NicolausBuyUpgraded
    Bank of AmericaUnderperformMaintained
    Vertical ResearchBuyUpgraded
    Stifel NicolausHoldMaintained
    JefferiesBuyUpgraded
    Longbow ResearchBuyUpgraded
    Goldman SachsBuyUpgraded
    Stifel NicolausHoldDowngraded
    Evercore ISI GroupBuyUpgraded
    Avondale PartnersOutperformUpgraded
    TopekaHoldInitiated
    Goldman SachsNeutralDowngraded
    Avondale PartnersMarket PerformMaintained
    Avondale PartnersMarket PerformDowngraded
    JefferiesHoldDowngraded
    BB&T CapitalHoldDowngraded
    Stifel NicolausBuyMaintained
    JefferiesBuyMaintained
    Longbow ResearchHoldDowngraded
    Bank of AmericaBuyUpgraded
    JefferiesBuyMaintained
    Stifel NicolausBuyMaintained
    JefferiesBuyMaintained
    Gabelli & Co.BuyUpgraded
    Longbow ResearchBuyMaintained
    JefferiesBuyMaintained
    KeyBancHoldDowngraded
    Gabelli & Co.HoldInitiated
    ISI GroupNeutralDowngraded
    Bank of AmericaNeutralDowngraded
    ISI GroupBuyDowngraded
    Bank of AmericaBuyMaintained
    JefferiesBuyUpgraded
    Longbow ResearchBuyUpgraded
    Stifel NicolausBuyMaintained
    Bank of AmericaBuyUpgraded
    JefferiesHoldMaintained
    ISI GroupBuyMaintained
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    William BlairMarket PerformDowngraded
    JefferiesBuyMaintained
    Bank of AmericaNeutralDowngraded
    Stifel NicolausBuyInitiated

    Timken Co. (TKR) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.251
    The average consensus EPS for TKR is $1.251 with a high estimate of $1.334 and Low of $1.166 for the period 2021-12-31 and based on 10 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.37$1.453392021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.38650782021-09-30
    $1.37$1.453392021-06-30
    $1.38$1.21278779999999992021-03-31
    $0.84$0.93495699999999992020-12-31
    $1.13$0.90888892020-09-30
    $1.02$0.33980442020-06-30
    $1.11$1.08072020-03-31
    $0.84$0.96686292019-12-31
    $1.14$1.19281000000000012019-09-30
    $1.27$1.45425862019-06-30
    $1.35$1.23303832019-03-31
    $1$1.04059292018-12-31
    $1.06$1.07636712018-09-30
    $1.11$1.09082018-06-30
    $1.01$0.84503670000000012018-03-31
    $0.68$0.68535572017-12-31
    $0.71$0.68511332017-09-30
    $0.68$0.67670000000000012017-06-30
    $0.55$0.43261332017-03-31
    $0.47$0.45576252016-12-31
    $0.49$0.46838752016-09-30
    $0.55$0.50948440000000012016-06-30
    $0.46$0.43432016-03-31
    $0.59$0.436322015-12-31
    $0.55$0.54338000000000012015-09-30
    $0.57$0.57794222015-06-30
    $0.5$0.57121559999999992015-03-31
    $0.65$0.61273672014-12-31
    $0.77$0.65986329999999992014-09-30
    $0.65$0.67236712014-06-30
    $0.88$0.82258440000000012014-03-31
    $0.78$0.73842112013-12-31
    $0.56$0.90338442013-09-30
    $0.93$0.97972013-06-30
    $0.8$0.79663752013-03-31
    $0.8$0.627212012-12-31
    $0.92$0.94154220000000012012-09-30
    $1.34$1.500862012-06-30
    $1.58$1.264522012-03-31
    $1.11$1.07062011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).