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TimkenSteel Corporation (TMST)

NYSE - Nasdaq Real Time Price. Currency in USD
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17.64+0.30 (+1.73%)
At close: 04:00PM EDT
17.41 -0.23 (-1.30%)
After hours: 05:24PM EDT

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  • j
    Wow. Just wow. $1.42 / 1.29 adjusted.
    Now, management needs to work on night shift safety. Both accidents this year have been at night.
  • S
    What is the reason for this drop? TMST will post great earnings on Thursday just like US Steel did the other day. Nothing but munipulation.
  • p
    I am staying far away from TMST - It looks like it is going to drop off a cliff. I actually get way better stocks at (
  • j
    did they invent some other material for oil and gas tubings?
  • G
    - Third quarter net sales of $343.7 million increased 5 percent sequentially
    - Net income of $50.1 million and record adjusted EBITDA(1) of $72.0 million
    - Strong operating cash flow of $53.8 million, a 37 percent sequential improvement, with record total liquidity(2) of $444.4 million
    CANTON, Ohio, Nov. 4, 2021 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today reported third-quarter 2021 net sales of $343.7 million and net income of $50.1 million, or $0.94 per diluted share. On an adjusted basis(1), third-quarter 2021 net income was $55.2 million, or $1.04 per diluted share, and adjusted EBITDA was $72.0 million.

    It could not possibly be better.
  • M
    Does anyone have any thoughts to why this stock is staying down while the rest are going up? It was doing so well, and has somewhat flatlined now despite the good news. Any insight?
  • K
    Boy how smart was it to split the company from Timken back in 2016. Notice the "activist shareholder" who proposed the split is NO LONGER a shareholder. Only matter of time before company sold. Board has no loyalty since no Timken family members are involved it running business. SAD since this company mfgs a great product.
  • J
    Not sure what's going to happen moving forward. I've lost my confidence that this is going any higher at the moment (current price is 15.35.... feel free to prove me wrong TMST). I was thinking that the Keybanc target increase would move this higher, and that TMST would get a bump from the infrastructure deal, but I'm not seeing any of that. The outlook for 4Q wasn't necessarily negative, but seemed full of uncertainty. Any thoughts?
  • A
    Can anyone tell me what happened 31.1 (yesterday). Price went down 4.5 % - against the rest of the steel companies - and then at the bell two identical trades passed - each with 1.4 mil shares. Way above normal volume. Are traders allowed to bring down the stock price during normal trading in order to complete transactions. I wonder if buyer and seller is the same hedge fond. Allocating a short position from one account to another.....They are getting pretty hot these days.
  • W
    This company has some attractive assets that no other companies can do. Forget about the financial results. In one year, the price can be easily doubled/tripled.
  • j
    Just saw this Zacks article post on Yahoo finance:
    Zacks Rank: TimkenSteel currently carries a Zacks Rank #4 (Sell).
    ??? Feels like all the news and analysts are down on steel despite great earnings and outlook. There must be some big players trying to short. Hope they get squeezed.
  • S
    Great earnings report. TMST should do very well over the next few years with Biden's infrastructure plans. Price should double within the next year.
  • M
    Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.55 per share and revenue of $1.38 billion. These totals would mark changes of +10.59% and +7.27%, respectively, from last year.

    It is also important to note the recent changes to analyst estimates for TimkenSteel. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

    Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
  • j
    If infrastructure bill is pushed through, all basic materials pricing will continue to push higher and that will benefit companies like CLF and TMST. CLF already over $20. I am sure TMST will soon follow. Can't wait for Q1 earnings call.
  • j
    TimkenSteel has a great balance sheet. No long term debt. And if it keeps generating cash the way it is doing, this is a $30 stock. It expects to perform the same for rest of 2021. So, 0.43 + 0.96 + 0.96 + 0.96 = $3.31. Let's round down to $3 to be conservative. $3 EPS for 2021 with a P/E of 10 results in $30 /share
  • j
    Every steel company is reporting record results, and Timkensteel goes down?
  • E
    Another price increase just announced

    Analysts upgrades

    This stock is going to $20 soon
  • j
    Timkensteel if restructured correctly, should be able to earn a net 5% income. And with a 10 P/E, company should be valued at ~$9.36. If just sold as in, book value is $11.71.
  • j
    Q2 update: 527M shareholders equity / 45M shares = $11.71 / share book value. $3.81 is a great buy.
  • j
    Everyone sold? I am holding. I still think this stock will be in its 20's by end of year...