Timken (TKR) Scheduled to Post Earnings on Thursday
Timken (NYSE:TKR) will be posting its quarterly earnings results on Thursday, January 30th. Parties that wish to listen to the company’s conference call can do so using this link.
Timken (NYSE:TKR) opened at 54.76 on Wednesday. Timken has a 52 week low of $50.22 and a 52 week high of $64.35. The stock has a 50-day moving average of $53.98 and a 200-day moving average of $56.73. The company has a market cap of $5.182 billion and a price-to-earnings ratio of 17.93.
A number of analysts have recently weighed in on TKR shares. Analysts at Zacks upgraded shares of Timken from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, December 30th. They now have a $55.70 price target on the stock. Analysts at ISI Group downgraded shares of Timken from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, November 7th. They now have a $53.00 price target on the stock, down previously from $68.00. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Timken currently has a consensus rating of “Buy” and an average price target of $61.39.
The Timken Company (NYSE:TKR) develops, manufactures, markets and sells products for friction management and mechanical power transmission, alloy steels and steel components.
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