Timkensteel (TMST) Issues Earnings Results

After $-0.13 actual earnings per share reported by TimkenSteel Corporation for the previous quarter, Wall Street now forecasts 153.85% negative EPS growth.

Analysts await TimkenSteel Corporation (NYSE:TMST) to report earnings on February, 15. Finally, Jefferies Group reissued a "hold" rating and issued a $18.00 price target on shares of Timkensteel in a report on Sunday, October 29th.

Among 6 analysts covering News Corporation (NASDAQ:NWSA), 4 have Buy rating, 1 Sell and 1 Hold. BidaskClub lowered shares of Timkensteel from a "hold" rating to a "sell" rating in a report on Thursday, November 2nd. ValuEngine lowered shares of Timkensteel from a "hold" rating to a "sell" rating in a research report on Tuesday, October 31st. Finally, KeyCorp lowered shares of Timkensteel from a "sector weight" rating to an "underweight" rating and set a $12.00 target price on the stock.in a research report on Wednesday, December 6th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. On Tuesday, August 1 the stock rating was maintained by Jefferies with "Hold". The stock increased 0.41% or $0.06 during the last trading session, reaching $14.59. Timkensteel has a fifty-two week low of $12.48 and a fifty-two week high of $23.00. The firm has a market cap of $651.08, a price-to-earnings ratio of -14.59 and a beta of 2.07. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.98 and a quick ratio of 0.90. Cowen & Co maintained TimkenSteel Corporation (NYSE:TMST) on Thursday, August 31 with "Buy" rating. The basic materials company reported ($0.77) EPS for the quarter, missing the Zacks' consensus estimate of ($0.34) by ($0.43). Timkensteel had a negative net margin of 3.33% and a negative return on equity of 7.56%.

Several institutional investors and hedge funds have recently made changes to their positions in TMST. Teachers Advisors LLC boosted its holdings in shares of Timkensteel by 0.7% during the 2nd quarter. Royce & Associates LP now owns 1,139,301 shares of the basic materials company's stock valued at $18,798,000 after purchasing an additional 42,000 shares during the last quarter. Royce & Associates LP now owns 1,488,988 shares of the basic materials company's stock valued at $22,618,000 after buying an additional 349,687 shares during the period. Northern Trust Corp increased its stake in Timkensteel by 1.9% in the second quarter. Ameriprise Financial Inc. now owns 515,434 shares of the basic materials company's stock worth $7,921,000 after buying an additional 3,154 shares during the period. BlackRock Inc. now owns 5,507,996 shares of the basic materials company's stock valued at $83,666,000 after buying an additional 282,978 shares during the period. Wells Fargo & Company MN increased its stake in Timkensteel by 381.1% in the third quarter.

In other Timkensteel news, insider Tina M. Beskid sold 2,548 shares of the business's stock in a transaction on Friday, November 17th. The shares were sold at an average price of $13.68, for a total value of $34,856.64. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 8.10% of the company's stock.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by Week Herald and is the sole property of of Week Herald. In addition, the Company supplies machining and thermal treatment services, as well as manage raw material recycling programs, which are used as a feeder system for its melt operations.

Notícias recomendadas

  • Alliant Energy (NYSE:LNT) Downgraded to "Sell" at Zacks Investment Research

    Louisiana State Employees Retirement System raised its holdings in Alliant Energy Corporation by 0.7% during the 2nd quarter. This buyback authorization authorizes the utilities provider to purchase shares of its stock through open market purchases.
    Amit Shah's road show in Tripura, says BJP isn't afraid of violence

    Amit Shah's road show in Tripura, says BJP isn't afraid of violence

    BJP national general secretary Ram Madhav said the saffron party wants to "free" Tripura of the CPI (M) "misrule". Shah said Communists have been wiped out of the entire world and Congress is wiped out from India.
    Kim Jong-un invites South Korea's President to Pyongyang

    Kim Jong-un invites South Korea's President to Pyongyang

    That said, these officials said that if the North Koreans had approached Pence with pleasantries, he would have responded in kind. U.S. vice president Mike Pence also attended the opening ceremony but had no contact with the North Korean delegation.
  • United States  government shutdown after Congress fails to vote

    United States government shutdown after Congress fails to vote

    She received a standing ovation when she walked into a caucus dinner Wednesday night, but some Democratic lawmakers said Mrs. The GOP-controlled chamber needed help from House Democrats to clear the bill , and 73 Democratic members gave it.
    Woman charged after cruise ship glassing, NSW

    Woman charged after cruise ship glassing, NSW

    A Russian woman has been charged after allegedly glassing a man during a violent brawl on a cruise ship off Sydney on Sunday. Some of the men removed from the ship were using the three-day comedy cruise as a bucks celebration.
    Sergio Aguero joins elite four-man club after stunning quadruple v Leicester

    Sergio Aguero joins elite four-man club after stunning quadruple v Leicester

    The next penetrating pass from the boot of De Bruyne came in the form of a low through-ball behind the defence into Aguero's path. Riyad Mahrez even made an appearance off the bench for Leicester , and Kevin De Bruyne was sensational yet again.
  • Molly Shannon Praises 'Kind' Sarah Jessica Parker After Kim Cattrall Comments

    Molly Shannon Praises 'Kind' Sarah Jessica Parker After Kim Cattrall Comments

    So I'm writing to tell you one last time to stop exploiting our tragedy in order to restore your "nice girl" persona". In an Instagram post, actress Kim Cattrall wrote: "You are not my friend.
    Gabigol:

    Gabigol: "Vi que não ia ser feliz no Benfica"

    Só estive um ano e ao inicio é complicado. "Eu também errei ao ter saído do banco uma vez e isso fica marcado", explicou. O futebol italiano é diferente, mais tático.
    Kim Jong Un invites South Korea's leader to Pyongyang for talks

    Kim Jong Un invites South Korea's leader to Pyongyang for talks

    Friday's ceremony will be attended by North Korea's delegation, including its nominal head of state, Kim Yong Nam. Yong-nam is the President of the Presidium of the Supreme People's Assembly of North Korea.
  • Store Capital Corp (NYSE:STOR) Holdings Cut by CI Global Investments Inc

    The stock of STORE Capital Corporation (NYSE:STOR) earned "Outperform" rating by BMO Capital Markets on Wednesday, September 16. Barclays Public Lc holds 0% or 1,329 shares in its portfolio. 192,125 are owned by Nfc Invs Ltd Liability Corporation.
    Teen Gerard wins slopestyle snowboarding for USA's 1st gold medal

    Teen Gerard wins slopestyle snowboarding for USA's 1st gold medal

    One of six children, he credits his brothers with his introduction to the sport. "Just having fun snowboarding", Gerard explained. He stood at the top of the slope knowing his whole family was watching - but rather than added pressure, he only felt support.
    Land donated by Abu Dhabi government for first Hindu Temple

    Land donated by Abu Dhabi government for first Hindu Temple

    PM Modi landed at the Palestinian Authority's presidential headquarters in Ramallah . India already supports a tech park and a diplomatic training center in Ramallah .

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.