TimkenSteel Corporation manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company operates in SBQ Steel Bar, Seamless Mechanical Steel Tubes, and Billets; and Value-added Precision Products and Services segments. It offers carbon, micro-alloy, and alloy steel ingots, bars, tubes, and billets, as well as supplies machining and thermal treatment services. The company's products are used in gears; hubs; axles; crankshafts and connecting rods; oil country drill pipes; bits and collars; bearing races and rolling elements; bushings; fuel injectors; wind energy shafts; anti-friction bearings; and other applications. TimkenSteel Corporation offers custom-make precision steel components. The company provides its products and services to the automotive; oil and gas; industrial equipment; mining; construction; rail; defense; heavy truck; agriculture; power generation; and oil country tubular goods sectors. TimkenSteel Corporation was incorporated in 2013 and is headquartered in Canton, Ohio.
IPO Year: 2014
Exchange: NYSE
Website: timkensteel.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/2/2022 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 2/28/2022 | $20.00 → $22.00 | Overweight | Keybanc |
| 11/8/2021 | $18.00 → $20.00 | Overweight | Keybanc |
| 10/14/2021 | $19.00 → $18.00 | Overweight | Keybanc |
| 8/9/2021 | $16.00 → $19.00 | Overweight | Keybanc |
4 - Metallus Inc. (0001598428) (Issuer)
4 - Metallus Inc. (0001598428) (Issuer)
4 - Metallus Inc. (0001598428) (Issuer)
4 - Metallus Inc. (0001598428) (Issuer)
4 - Metallus Inc. (0001598428) (Issuer)
4 - Metallus Inc. (0001598428) (Issuer)
4 - TimkenSteel Corp (0001598428) (Issuer)
4 - TimkenSteel Corp (0001598428) (Issuer)
4 - TimkenSteel Corp (0001598428) (Issuer)
4 - TimkenSteel Corp (0001598428) (Issuer)
144 - Metallus Inc. (0001598428) (Subject)
144 - Metallus Inc. (0001598428) (Subject)
8-K - Metallus Inc. (0001598428) (Filer)
8-K - TimkenSteel Corp (0001598428) (Filer)
144 - TimkenSteel Corp (0001598428) (Subject)
144 - TimkenSteel Corp (0001598428) (Subject)
8-K - TimkenSteel Corp (0001598428) (Filer)
144 - TimkenSteel Corp (0001598428) (Subject)
10-Q - TimkenSteel Corp (0001598428) (Filer)
8-K - TimkenSteel Corp (0001598428) (Filer)
CANTON, Ohio, Feb. 27, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel and a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its 2023 fourth-quarter and full-year financial results on Tuesday, February 27, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Wednesday, February 28, 2023, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com
CANTON, Ohio, Feb. 13, 2024 /PRNewswire/ -- TimkenSteel Corp. (NYSE:TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 fourth-quarter and full-year financial results on Tuesday, February 27, after the market closes on the New York Stock Exchange. Last month, TimkenSteel announced its intent to change its name to Metallus Inc. Effective February 27, 2024, the company's common stock will trade on the New York Stock Exchange under its new ticker symbol (NYSE: MTUS). The company will provide live Internet lis
CANTON, Ohio, Jan. 10, 2024 /PRNewswire/ -- TimkenSteel (NYSE:TMST) today announced its intent to change its name to Metallus Inc. The new name honors the company's century-long legacy as an industry-leading producer of strong, sustainable steel and reflects its vision to harness the enduring power of high-performance metals to make the world a better place. The company's common stock will continue to trade on the New York Stock Exchange under its new ticker symbol (NYSE:MTUS), effective February 27, 2024. "We are extremely proud of the company we have built over the past de
Net sales of $356.6 million, an increase of 10 percent compared with the first quarter of 2023Net income of $28.9 million with adjusted EBITDA(1) of $50.5 million Operating cash flow of $13.3 million with ending cash and cash equivalents of $221.9 millionDeployed $11.4 million of cash to repurchase common shares and $8.1 million for capital expendituresCANTON, Ohio, Aug. 3, 2023 /PRNewswire/ -- TimkenSteel (NYSE:TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported second-quarter 2023 net sales of $356.6 million and net income of $28.9 million, or $0.62 per diluted share. On an adjusted basis(1), second-quarter 2023 net income was
CANTON, Ohio, Aug. 2, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE:TMST) – The board of directors of TimkenSteel Corporation today elected Jamy P. Rankin, retired president and chief executive officer of Ford Component Sales, LLC, as a new independent director. She joins ten directors currently serving on the TimkenSteel board. "We are delighted to welcome Jamy to the TimkenSteel board of directors. Her remarkable track record as a visionary leader in the automotive industry and her expertise in strategic planning, marketing, sales and operations make her a valuable addition t
CANTON, Ohio, July 20, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE:TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 second-quarter financial results on Thursday, August 3, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, August 4, 2023, at 9:00 a.m. EDT. The live conference call will be broadcast at investors.timkensteel.com. A replay of the conference call will also
Net sales of $323.5 million, an increase of 32 percent compared with the fourth quarter of 2022Net income of $14.4 million with adjusted EBITDA(1) of $36.0 million Operating cash flow of $9.8 million with ending cash and cash equivalents of $227.4 millionDeployed $28.1 million of cash to repurchase common shares and convertible notesCANTON, Ohio, May 4, 2023 /PRNewswire/ -- TimkenSteel (NYSE:TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported first-quarter 2023 net sales of $323.5 million and net income of $14.4 million, or $0.30 per diluted share. On an adjusted basis(1), the first-quarter 2023 net income was $20.8 million, or
CANTON, Ohio, April 20, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE:TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 first-quarter financial results on Thursday, May 4, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, May 5, 2023, at 9:00 a.m. EDT. The live conference call will be broadcast at investors.timkensteel.com. A replay of the conference call will also be ava
CANTON, Ohio, April 18, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE:TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today released its 2022 sustainability report, which is available at https://timkensteel.com/who-we-are/Sustainability. The 2022 Sustainability Report provides an update on the company's continued commitment to responsible and sustainable operations. The report highlights progress on key initiatives and programs that support the company's three sustainability pillars: Environmental Stewardship, Social Commitment, and Governance and Ethics. These pillars connect directly to the theme of the 2022 report – "People. Passion. Pr
Net sales of $245.4 million in the fourth-quarter and $1.3 billion for the full-yearFourth-quarter net loss of $33.2 million and full-year net income of $65.1 million with adjusted EBITDA(1) of $11.9 million in the fourth-quarter and $172.2 million for the full-year Operating cash flow of $23.7 million in the fourth quarter with $134.5 million for the full-yearCANTON, Ohio, Feb. 23, 2023 /PRNewswire/ -- TimkenSteel (NYSE:TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported fourth-quarter 2022 net sales of $245.4 million and a net loss of $33.2 million, or a loss of $0.75 per diluted share. On an adjusted basis(1), the fourth-quar
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CANTON, Ohio, May 6, 2021 /PRNewswire/ -- TimkenSteel (NYSE:TMST), a leader in customized alloy steel products and services, today reported first-quarter 2021 net sales of $273.6 million and net income of $9.8 million, or $0.20 per diluted share. On an adjusted basis(1), first-quarter 2021 net income was $22.6 million, or $0.43 per diluted share, and adjusted EBITDA was $40.8 million. In the same quarter last year, net sales were $259.7 million with a net loss of $19.9 million, or a loss of $0.44 per diluted share. On an adjusted basis(1), first-quarter 2020 net loss was $11.3
CANTON, Ohio, Jan. 5, 2021 /PRNewswire/ -- TimkenSteel Corp. (NYSE: TMST), a leader in customized alloy steel products and services, today announced that, as previously disclosed in its Form 8-K filed with the Securities and Exchange Commission on December 18, 2020, TimkenSteel made inducement grants to Michael S. Williams, the newly-appointed President and Chief Executive Officer of TimkenSteel. The Compensation Committee of TimkenSteel's Board of Directors approved, pursuant to Section 303A.08 of the New York Stock Exchange Listed Company Manual, grants of inducement equity awards to Mr. Williams consisting of time-based restricted share units covering 423,400 of TimkenSteel's common sh
CANTON, Ohio, Feb. 27, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel and a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its 2023 fourth-quarter and full-year financial results on Tuesday, February 27, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Wednesday, February 28, 2023, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com
CANTON, Ohio, Feb. 13, 2024 /PRNewswire/ -- TimkenSteel Corp. (NYSE:TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 fourth-quarter and full-year financial results on Tuesday, February 27, after the market closes on the New York Stock Exchange. Last month, TimkenSteel announced its intent to change its name to Metallus Inc. Effective February 27, 2024, the company's common stock will trade on the New York Stock Exchange under its new ticker symbol (NYSE: MTUS). The company will provide live Internet lis
Net sales of $356.6 million, an increase of 10 percent compared with the first quarter of 2023Net income of $28.9 million with adjusted EBITDA(1) of $50.5 million Operating cash flow of $13.3 million with ending cash and cash equivalents of $221.9 millionDeployed $11.4 million of cash to repurchase common shares and $8.1 million for capital expendituresCANTON, Ohio, Aug. 3, 2023 /PRNewswire/ -- TimkenSteel (NYSE:TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported second-quarter 2023 net sales of $356.6 million and net income of $28.9 million, or $0.62 per diluted share. On an adjusted basis(1), second-quarter 2023 net income was
CANTON, Ohio, July 20, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE:TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 second-quarter financial results on Thursday, August 3, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, August 4, 2023, at 9:00 a.m. EDT. The live conference call will be broadcast at investors.timkensteel.com. A replay of the conference call will also
Net sales of $323.5 million, an increase of 32 percent compared with the fourth quarter of 2022Net income of $14.4 million with adjusted EBITDA(1) of $36.0 million Operating cash flow of $9.8 million with ending cash and cash equivalents of $227.4 millionDeployed $28.1 million of cash to repurchase common shares and convertible notesCANTON, Ohio, May 4, 2023 /PRNewswire/ -- TimkenSteel (NYSE:TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported first-quarter 2023 net sales of $323.5 million and net income of $14.4 million, or $0.30 per diluted share. On an adjusted basis(1), the first-quarter 2023 net income was $20.8 million, or
CANTON, Ohio, April 20, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE:TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 first-quarter financial results on Thursday, May 4, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, May 5, 2023, at 9:00 a.m. EDT. The live conference call will be broadcast at investors.timkensteel.com. A replay of the conference call will also be ava
Net sales of $245.4 million in the fourth-quarter and $1.3 billion for the full-yearFourth-quarter net loss of $33.2 million and full-year net income of $65.1 million with adjusted EBITDA(1) of $11.9 million in the fourth-quarter and $172.2 million for the full-year Operating cash flow of $23.7 million in the fourth quarter with $134.5 million for the full-yearCANTON, Ohio, Feb. 23, 2023 /PRNewswire/ -- TimkenSteel (NYSE:TMST), a leader in high-quality specialty steel, manufactured components and supply chain solutions, today reported fourth-quarter 2022 net sales of $245.4 million and a net loss of $33.2 million, or a loss of $0.75 per diluted share. On an adjusted basis(1), the fourth-quar
CANTON, Ohio, Feb. 8, 2023 /PRNewswire/ -- TimkenSteel Corp. (NYSE:TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2022 fourth-quarter and full-year financial results on Thursday, February 23, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, February 24, 2023, at 9:00 a.m. EDT. The live conference call will be broadcast at investors.timkensteel.com. A replay of the confere
Net sales of $316.8 millionNet loss of $13.3 million with adjusted EBITDA(1) of $10.8 millionOperating cash flow of $46.8 million with record ending cash and cash equivalents of $262.5 millionCANTON, Ohio, Nov. 3, 2022 /PRNewswire/ -- TimkenSteel (NYSE:TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today confirmed its previously reported third-quarter 2022 net sales of $316.8 million and reported a net loss of $13.3 million, or a loss of $0.29 per diluted share. On an adjusted basis(1), the third-quarter 2022 net loss was $4.1 million, or a loss of $0.09 per diluted share, and adjusted EBITDA was $10.8 million.
CANTON, Ohio, Oct. 12, 2022 /PRNewswire/ -- TimkenSteel Corp. (NYSE:TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today announced preliminary third-quarter 2022 financial results. "The end of July incident at our melt shop, which resulted in approximately one month of melt shop downtime and a subsequent slower than expected ramp up, significantly impacted our profitability for the third quarter. As a result, we expect third quarter adjusted EBITDA(1) to be in the range of approximately $9 million to $12 million. The compa
KeyBanc Capital Markets downgraded TimkenSteel from Overweight to Sector Weight
Keybanc reiterated coverage of TimkenSteel with a rating of Overweight and set a new price target of $22.00 from $20.00 previously
Keybanc reiterated coverage of TimkenSteel with a rating of Overweight and set a new price target of $20.00 from $18.00 previously
Keybanc reiterated coverage of TimkenSteel with a rating of Overweight and set a new price target of $18.00 from $19.00 previously
Keybanc reiterated coverage of TimkenSteel with a rating of Overweight and set a new price target of $19.00 from $16.00 previously
Keybanc reiterated coverage of TimkenSteel with a rating of Overweight and set a new price target of $16.00 from $12.00 previously
KeyCorp reiterated coverage of TimkenSteel with a rating of Overweight and set a new price target of $12.00 from $11.00 previously
KeyBanc reiterated coverage of TimkenSteel with a rating of Overweight and set a new price target of $12.00 from $11.00 previously
KeyBanc reiterated coverage of TimkenSteel with a rating of Overweight and set a new price target of $11.00 from $10.00 previously
KeyBanc upgraded TimkenSteel from Sector Weight to Overweight and set a new price target of $10.00
TimkenSteel (NYSE:TMST) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.27 by 33.33 percent. This is a 460 percent increase over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $328.10 million which beat the analyst consensus estimate of $326.97 million by 0.35 percent. This is a 33.70 percent increase over sales of $245.40 million the same period last year.
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Top Stories for Jan. 30, 2024: 1. President and CEO of TimkenSteel Corporation (NYSE:TMST), Michael Williams, sold 9,500 shares on Jan. 29 at an average price of $21.02 for roughly $199,725. 2. Cleveland-Cliffs Inc. (NYSE:CLF) announced fourth-quarter and full-year 2023 results. For the fourth quarter, the company reported revenue of $5.1 billion, a net loss of $139 million ($0.31 per share), and $487 million in free cash flow. For 2023, Cleveland-Cliffs reported revenue of $22 billion, net income of $450 million ($0.78 per share), $1.6 billion in free cash flow and record steel shipments of 16.4 million net tons. Chairman, President, and CEO Lourenco Goncalves said, "2023 was another g
The Nasdaq 100 closed higher by around 1% on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform. Schlumberger The Trade: Schlumberger Limited (NYSE:SLB) (Chief Sustainability Officer Katharina Beumelburg sold a total of 8,000 share
1. U.S. Gold Corp. (NASDAQ:USAU) issued an update detailing its recent and expected milestones in 2024. The company's highlights include advancements in the CK Gold Project, with permit approval and feasibility study completion expected in the first half of 2024. The project will be shovel-ready in the latter half of the year (pending board approval). According to U.S. Gold Corp., rising gold and copper markets give the project significant upside and its low impact provides potential environmental benefits, along with local economic contributions to Wyoming. In exploration, the company holds mostly unrecognized value of assets with minimal holding costs, including the promising Keystone a
TimkenSteel (NYSE:TMST) today announced its intent to change its name to Metallus Inc. The new name honors the company's century-long legacy as an industry-leading producer of strong, sustainable steel and reflects its vision to harness the enduring power of high-performance metals to make the world a better place. The company's common stock will continue to trade on the New York Stock Exchange under its new ticker symbol (NYSE:MTUS), effective February 27, 2024. "We are extremely proud of the company we have built over the past decade since becoming an independent company," said Mike Williams, president and chief executive officer. "Our long history as a leading producer of high-quality s
TimkenSteel (NYSE:TMST) reported quarterly earnings of $0.52 per share which missed the analyst consensus estimate of $0.54 by 3.7 percent. This is a 677.78 percent increase over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $354.20 million which missed the analyst consensus estimate of $356.10 million by 0.53 percent. This is a 11.81 percent increase over sales of $316.80 million the same period last year.
Companies Reporting Before The Bell • AudioCodes (NASDAQ:AUDC) is estimated to report quarterly earnings at $0.18 per share on revenue of $61.52 million. • Chunghwa Telecom (NYSE:CHT) is likely to report earnings for its third quarter. • Verona Pharma (NASDAQ:VRNA) is estimated to report earnings for its third quarter. • ChipMOS TECHNOLOGIES (NASDAQ:IMOS) is expected to report earnings for its third quarter. • Shell (NYSE:SHEL) is estimated to report quarterly earnings at $1.87 per share on revenue of $82.96 billion. • Novo Nordisk (NYSE:NVO) is likely to report quarterly earnings at $0.71 per share on revenue of $7.91 billion. • ING Groep (NYSE:ING) is estimated to report earnings fo