With 0.67 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.72 million shares. The 52-week range on TKR shows that it touched its highest point at $91.77 and its lowest point at $56.20 during that stretch. It currently has a 1-year price target of $74.41. With its current market cap of 4.85 billion, TKR has annualized dividend of $1.37 while the current yield stands at 1.98%. Beta for the stock currently stands at 1.28.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TKR was down-trending over the past week, with a drop of -4.39%, but this was up by 10.75% over a month. Three-month performance dropped to -14.70% while six-month performance fell -7.33%. The stock lost -24.52% in the past year, while it has lost -2.89% so far this year. A look at the trailing 12-month EPS for TKR yields 4.63 with Next year EPS estimates of 6.09. For the next quarter, that number is 1.38. This implies an EPS growth rate of -9.22% for this year and 15.93% for next year. EPS is expected to grow by 5.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.15%.
Float and Shares Shorts:
At present, 69.96 million TKR shares are outstanding with a float of 62.60 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TKR since 13 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.65154 being high and $5.59132 being low. For TKR, this leads to a yearly average estimate of $5.62143. Based on analyst estimates, the high estimate for the next quarter is $1.37 and the low estimate is $1.0. The average estimate for the next quarter is thus $1.28.
