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 $30 /share
W
TMST has been trading sideways for some time now. There’s a lot of good press on the company, but it’s shorted over 15%. I wonder what the short interest rate on this stock is to borrow? It seems like it would be tough to make money shorting this; I guess it’s under the radar
D
With semiconductors shortage we have good result if semiconductors issue is resolved we should be sitting around 40$ stock
S
EPS $.96, expected $.65. tomorrow should be good
B
Have you wondered why the stock is down when all the news has been so positive?
I think this had something to do with it ... "Short Interest as % of Float = 15.46%".
I expect this means lots of volatility.
S
Did anyone get thrown off that rollercoaster?
J
And another price increase! Average is now $17.80…
E
Load up before 3rd straight earnings beat next Thursday.
j
Even if, for whatever reason, it only achieves Q1 result of 0.43 for the next 2 qtrs. (0.43+0.96+0.43+0.43), it is still $2.25. And with 10 P/E, this stock should be at $22.50.
J
An analyst just increased their price target to $19.
W
Nice earnings call! Holding long on this stock- solid management
S
How’s everyone feeling about this one as we hold?
Y
TimkenSteel is up 9.35% to 16.60
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.
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
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 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
Is it unreasonable to think that with good earnings and positive projections for the next quarter that we might see the low 20s again here soon??
Analysts upgrades
This stock is going to $20 soon
I think this had something to do with it ... "Short Interest as % of Float = 15.46%".
I expect this means lots of volatility.