Timkensteel (TMST) to Release Earnings on Wednesday

Timkensteel (NYSE:TMST) will be posting its quarterly earnings results after the market closes on Wednesday, February 20th. Analysts expect Timkensteel to post earnings of ($0.02) per share for the quarter.

Shares of TMST stock opened at $12.45 on Monday. The company has a current ratio of 2.53, a quick ratio of 1.08 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $555.08 million, a PE ratio of -12.45 and a beta of 2.36. Timkensteel has a fifty-two week low of $8.18 and a fifty-two week high of $19.40.

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A number of research analysts have recently weighed in on the company. Zacks Investment Research raised Timkensteel from a “sell” rating to a “hold” rating in a report on Saturday, October 27th. ValuEngine lowered Timkensteel from a “hold” rating to a “sell” rating in a report on Monday, October 29th. Finally, Cowen assumed coverage on Timkensteel in a report on Tuesday, January 8th. They issued an “outperform” rating and a $12.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $15.75.

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About Timkensteel

TimkenSteel Corporation manufactures and sells alloy steel, and carbon and micro-alloy steel products worldwide. It offers carbon, micro-alloy, and alloy steel ingots, bars, tubes, and billets; and precision components, as well as thermal treatment and machining services. The company's products are used in oil country drill pipes; bits and collars; gears; hubs; axles; crankshafts and connecting rods; bearing races and rolling elements; bushings; fuel injectors; wind energy shafts; anti-friction bearings; and other applications.

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