Value Stock: The Timken Company (TKR)

Resource from: CBCC Likes:2956

Aug 20,2010

The Timken Company (TKR) is seeing strong global demand as 2010 sales are expected to rise as much as 25% over 2009. TKR has attractive valuations, with a forward P/E of just 13.2. Timken manufactures antifriction bearings and power transmission products and services as well as alloy steel and components. Its friction management and power transmission services a variety of markets including aerospace, automotive, consumer, energy, heavy industry, power generation and rail. Headquartered in Ohio, the company now has operations in 26 countries. Analysts Raise Estimates: Given the big guidance increase, not surprisingly, the analysts moved to raise estimates accordingly. The 2010 Zacks Consensus jumped 69 cents to $2.64 per share in the last month as all 9 estimates moved higher. More of the same is expected in 2011, as all 9 estimates have risen over the last 30 days as well, pushing the Zacks Consensus up to $3.09 from $2.44. This is earnings growth of 17%. Is Timken a Value Stock? Timken has the envious combination of both growth and value. It has a low P/E but earnings are growing. The company has a PEG ratio of just 0.4, which is well under the industry’s average of 1.2. The company also has a price-to-book ratio of 2.0, which is well within the value parameters of under 3.0. Timken also rewards shareholders by paying a dividend which it has paid out for 353 consecutive quarters. The current yield is 1.5%. Timken is a Zacks #1 Rank (strong buy) stock.

(CBCC)

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous US Steel Exports in June up by 48pct YoY
Next US Steel Advances on Rumor of ArcelorMittal Bid

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.