Assessing Timken: Insights From 5 Financial Analysts
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Timken (NYSE:TKR) over the last quarter show a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $97.2, with a high estimate of $104.00 and a low estimate of $87.00. Despite a recent decline in revenue, Timken's net margin and return on equity remain strong, though its return on assets and debt-to-equity ratio indicate potential challenges.
May 23, 2024 | 4:00 pm
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Analysts' ratings for Timken (NYSE:TKR) show a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $97.2, with a high estimate of $104.00 and a low estimate of $87.00. Despite a recent decline in revenue, Timken's net margin and return on equity remain strong, though its return on assets and debt-to-equity ratio indicate potential challenges.
The increase in the average price target and the majority of analysts being somewhat bullish or bullish indicate a positive short-term outlook for Timken. However, the recent decline in revenue and high debt-to-equity ratio may pose challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100