The Timken Company (TKR): Trading Report of Thursday, June 25

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The Timken Company (NYSE:TKR) changes shares on Thursday trading session, with a change of 4.22% or $1.79 shares. The trading starts at $42.09 and closed at $42.38 throughout the day. The trading session low price was $41.74 and day high was $44.26 on Thursday, June 25. After the session, the Industrials sector daily volume shifted to 0.8 million while its average volume is 667.87K. In other hand, the TKR market cap reached to $3.31B.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.09% and up 0.25% for month. Its quarterly performance was 28.29% above, while its half year performance is down -21.67%. TKR yearly performance stood at negative -12.83% and fall -21.56% for year-to-date. Current recommendation for The Timken Company is 1.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. TKR EPS (TTM) for 12-month is 4.57. EPS for this year is 21.80%, while for the next year its value is 3.61. Sales growth for the current quarter is 2.10 while its EPS Q/Q reached -11.40%. It has an EPS of 24.20% up for past five years and for the next five years will be up 4.60%.

Vanguard Group, Inc. (The), Blackrock Inc. and Adage Capital Partners GP L.L.C. are the top three holders in The Timken Company (TKR) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 6.58 million shares which valued 212.9 million. On Mar 30, 2020, Blackrock Inc. owned 5.96 million shares which valued at 192.66 million. On Mar 30, 2020, Adage Capital Partners GP L.L.C. has a total of 2.58 million shares which valued at 83.28 million. In the end, Adage Capital Partners GP L.L.C. have 3.43% shares outstanding of The Timken Company (TKR) on Mar 30, 2020. The insider ownership moved to 1.90% and institutional holding shifted to 80.30%.

The company posted an EPS (TTM) of 4.57. According to the most recent quarter report on (Jun 2020), 9 analysts estimated an average EPS of 0.32, while 1.27 EPS posted a year ago period. Analyst Estimated EPS for TKR published in the report was 0.15-0.46 during the same period. Comparing with last year, the average estimated EPS was 1.27 which is higher than 1.11 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for TKR fall -3.31% for period of 200 days. SMA for 50 days was 9.82% which is showing green signal, while SMA-20 was -0.74%. The moving average value for The Timken Company (TKR) is 44.78 and 42.28 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in TKR stock. On Feb 13, Myers Ronald J, EVP – Human Resources, sold 17,078 trading shares at the cost of $54.89, which valued at 0.94 million. On Feb 13, Chadwick Shelly Marie, Chief Accounting Officer, sold 2,890 shares at the cost of $55.06, with total shares of 6,204. On Feb 12, Coughlin Christopher A, EVP & Group President, sold 5,000 shares at the cost of 55.03. After this transaction, Coughlin Christopher A total shares reached to 90,257 which valued at 0.28 million.