Timken: What Is The Outlook For 2023?

Dec. 27, 2022 1:08 AM ETThe Timken Company (TKR) StockTKR3 Comments
Bill Zettler
14.14K Followers

Summary

  • Timken has very strong financial metrics.
  • Timken has paid a dividend for more than 100 years.
  • Timken is buying back shares.
  • Timken has a very low debt to EBITDA ratio.

Roller Bearing 1

AlanGH/iStock via Getty Images

Overview:

The Timken Company (NYSE:TKR) manufactures high-grade steel products, notably roller and ball bearings. It has been in business since 1899 and has paid a dividend for over 100 years.

Over the last 5 years, TKR

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This article was written by

14.14K Followers
Bill Zettler trained as a scientific programmer and has 40+ years of experience working in information technology. Bill previously worked for Abbott Labs and NORAD (North American Air Defense). Over the course of his career, he developed and sold accounting software and founded several software companies, knowledge which he now applies to identifying good investments.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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