Keybanc reiterated coverage of TimkenSteel with a rating of Overweight and set a new price target of $22.00 from $20.00 previously
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| 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 |
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
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
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
144 - Metallus Inc. (0001598428) (Subject)
144 - Metallus Inc. (0001598428) (Subject)
8-K - Metallus Inc. (0001598428) (Filer)
SC 13G/A - TimkenSteel Corp (0001598428) (Subject)
SC 13G/A - TimkenSteel Corp (0001598428) (Subject)
SC 13G/A - TimkenSteel Corp (0001598428) (Subject)
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
4 - Metallus Inc. (0001598428) (Issuer)
4 - Metallus Inc. (0001598428) (Issuer)
4 - Metallus Inc. (0001598428) (Issuer)
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