Investors are on the edge of their collective seats, hoping that Timken
What analysts say
- Buy, sell, or hold?: Analysts strongly back Timken, with six of nine rating it a buy and the remainder rating it a hold. Analysts don't like Timken as much as competitor Steel Dynamics overall. Timken's rating hasn't changed over the past three months.
- Revenue forecasts: On average, analysts predict $1.26 billion in revenue this quarter. That would represent a rise of 24.8% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $1.14 per share. Estimates range from $1.07 to $1.25.
What our community says
CAPS All-Stars are solidly backing the stock with 98.5% awarding it an outperform rating. The community at large backs the All-Stars with 92.9% assigning it a rating of outperform. Fools are bullish on Timken, though the message boards have been quiet lately with only 71 posts in the past 30 days. Even with a robust four out of five stars, Timken's CAPS rating falls a little short of the community's upbeat outlook.
The company upped its gross margin by 2.2 percentage points in the last quarter. Revenue rose 37.3% while cost of sales rose 33.3% to $920.8 million from a year earlier.
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