How to Buy Timken Co Stock
Timken Co
Timken Co is a tool & accessory company located in Ohio, United States, which is part of the Industrials sector, and is traded under the ticker TKR on the NYSE exchange.
Timken Co stock last closed at $84.98, up 0.15% from the previous day, and has increased 12.24% in one year. It has overperformed other stocks in the Tools & Accessories industry by 0.04 percentage points. Timken Co stock is currently +29.33% from its 52-week low of $65.71, and -10.62% from its 52-week high of $95.08.
At the moment, there are 70.13M shares of TKR outstanding. The market capitalization of TKR is $5.96B. In the past 24 hours, 502,683 TKR shares were traded.
How to Buy Timken Co Stock
Wondering how to invest in Timken Co stock? Here's how.
- Decide where to buy Timken Co stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Timken Co stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your payment method and add your details.
- Research Timken Co stock: The Timken Co ticker symbol is TKR. Is Timken Co stock a good investment? Should you buy shares of TKR? How do TKR's underlying business fundamentals look? Do top analysts think Timken Co is a good buy? Why has TKR's stock price moved recently? (Hint: Our stock research tools can help you evaluate if TKR is a good stock to buy).
- Make your TKR trade: Decide if you will purchase TKR shares at the current market price or use a limit order to purchase TKR stock at a particular price.
- Track your TKR position: Create a watchlist to monitor your new investment in Timken Co shares.
Step 1: Decide where to buy Timken Co stock
You will need a brokerage account to access the NYSE market and buy TKR shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world financial markets: From Tech to Energy, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can invest in TKR today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on one of the best stock market apps, you need to deposit funds:
Watch the walkthrough below if you need help transferring funds into your brokerage account.
Step 4: Research Timken Co stock
Once you have decided on the best place to buy Timken Co stock, it's absolutely critical to evaluate their stock before you invest, so you can wrap your head around the risk and upside.
Overview of key TKR info
TKR Due Diligence Checks
WallStreetZen was created to help average investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on TKR's stock page.
Is TKR stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge TKR's true value.
Using relative valuations measures:
- TKR may be overvalued based on its P/E ratio of 15.39x, relative to Tools & Accessories industry P/E ratio of 3.74x
- TKR may be undervalued based on its P/B ratio of 2.31x, relative to Tools & Accessories industry P/B ratio of 2.69x
- TKR may be undervalued based on its PEG ratio of 0.95x
You can do additional valuation analysis on TKR's stock here.
How do TKR Financials look?
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the TKR balance sheet.
- There are more short-term assets than short-term liabilities on the TKR balance sheet.
- TKR's operating cash flow of $545.20M allows it to safely service it's debt of $2.47B.
- Total TKR debt is lower than 5 years ago, relative to shareholder equity.
- TKR earnings of $627.30M is not enough to cover its interest payments.
Failed Health Checks:
- TKR profit margin has gone down from 9.1% to 8.3% in the past year.
- TKR has a relatively high debt to equity ratio of 1.49.
Is it a good time to buy Timken Co stock, according to Wall Street analysts?
Out of 8 Equities analysts who give forecasts on TKR, the consensus analyst rating on Timken Co is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest TKR Analyst Recommendations
Stephen Volkmann, a top 14% analyst from Jefferies downgrades TKR to a hold rating and lowers their TKR price target from $105.00 to $85.00, on Dec 20, 2023.
Stanley Elliott, a top 3% analyst from Stifel Nicolaus maintains TKR with a strong buy rating and lowers their TKR price target from $93.00 to $92.00, on Dec 19, 2023.
Steve Barger, a top 4% analyst from KeyBanc maintains TKR with a strong buy rating and lowers their TKR price target from $102.00 to $91.00, on Nov 6, 2023.
You can dive deeper into what analysts are forecasting on the Timken Co stock forecast page.
TKR Momentum
How are TKR Revenues/Earnings doing?
Last year, TKR earnings were $394.10M. In the last 5 year, TKR's earnings have gone up by 7.03% per year. This was faster than the Tools & Accessories industry average of 6.01%.
Last year, TKR revenue was $4.77B. In the last five year, TKR's revenue has increased by 5.9% per year. This was slower than the Tools & Accessories industry average of 6.66%.
Find out more about TKR's earnings and revenue performance here.
Are TKR insiders buying or selling the stock?
Over the last year, executives and large shareholders at TKR have sold more shares than they have bought.
Christopher A. Coughlin, EVP Pres. Industrial Motion of TKR, was the latest TKR insider to sell. They sold $443,722.44 worth of TKR shares on Feb 10, 2024.
Learn more about who owns TKR shares here.
Can I get consistent income from TKR stock?
Timken Co pays a dividend of 1.55%, compared to the Tools & Accessories industry's average dividend yield of 2.3%. If you owned $1,000 of TKR stock, you would have received $15.53 in the past year.
Timken Co dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Timken Co dividend yield and history here.
What do other traders have to say about TKR?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your TKR trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, use a limit order.
Click the Open Trade button and eToro will place your order.
If you want additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Track your TKR position
Now that you own some shares in TKR, you'll want to stay up-to-date on your investment.
Create a watchlist to get notified of the latest news about your TKR stock.
TKR Feed
How to Buy Stock in Timken Co
To reiterate, here are the 6 steps to buy stock in Timken Co:
- Decide where to buy Timken Co stock
- Open a brokerage account
- Deposit money your investment account
- Research Timken Co stock
- Make your TKR trade
- Track your TKR position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Timken Co, create your watchlist below.
Related Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.