TMST (NYSE:TMST) Target Lowered by KeyCorp to $18.00

TMST stock has undergone multiple analysts rating changes in the recent past.  stock Target Lowered by KeyCorp on 10/14/2021. In a note to investors, the firm issued a new target price of $18.00. The analysts previously had $19.00 target price. KeyCorp’s price target would indicate a potential upside of 31.48% from the stock’s previous close.

Shares of traded on Wednesday, reaching $13.79. 60695 shares of the stock traded hands, compared to its average volume of 665456. On Wednesday, Shares of closed at $13.79. The firm’s 50 day moving average is $13.96 and its 200 day moving average is $11.65.  has a 12 month low of $3.63 and a 12 month high of $17.35. While on yearly highs and lows, today has traded high as $13.91 and has touched $13.47 on the downward trend.

Earnings and What to expect: 

TimkenSteel last posted its quarterly earnings results on August 5th, 2021. The basic materials company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.34. The company earned $327.30 million during the quarter, compared to analyst estimates of $326.40 million. TimkenSteel has generated ($0.93) earnings per share over the last year ($0.59 diluted earnings per share) and currently has a price-to-earnings ratio of 23.2. Earnings for TimkenSteel are expected to grow by 4.78% in the coming year, from $2.72 to $2.85 per share. TimkenSteel has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for TimkenSteel are expected to grow by 4.78% in the coming year, from $2.72 to $2.85 per share. The P/E ratio of TimkenSteel is 23.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.54. The P/E ratio of TimkenSteel is 23.20, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 15.84. TimkenSteel has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

(NYSE:TMST) Moving Average Technical Analysis

5 day Moving Average is $$13.78 And 5 day price change is $0.02 (0.15%)  with average volume for 5 day average is 538,680. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $13.40 and 20 day price change is $0.57 (4.31%) and average 20 day moving volume is 669,530. 50 day moving average is $13.96  and 50 day price change is $0.98 ( 7.65%)  and with average volume for 50 days is : 644,498. 200 day moving average is $11.65  and 200 day price change is $9.12 (195.29%)  and with average volume for 200 days is : 1,058,745.

Other owners latest trading in TMST :

  • On 10/12/2021 shares held by Louisiana State Employees Retirement System were 19,800 which equates to market value of $0.26M and appx 0.00% owners of TMST
  • On 10/8/2021 shares held by Beese Fulmer Investment Management Inc. were 29,571 which equates to market value of $0.39M and appx 0.00% owners of TMST
  • On 10/7/2021 shares held by State of Alaska Department of Revenue were 29,955 which equates to market value of $0.39M and appx 0.00% owners of TMST
  • In total Institutional ownership equates to Institutional Ownership Percentage: 74.60% for TMST

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