CANTON, Ohio, October 29, 2019 – Shares of TimkenSteel Corporation (NYSE: TMST) declined -2.96% to $5.90. The stock grabbed the investor’s attention and traded 208.184K shares as compared to its average daily volume of 370.67K shares. The stock’s institutional ownership stands at 71.50%.
TimkenSteel (NYSE: TMST) reported first-quarter 2019 net sales of $371.0M and net income of $4.20M or $0.09 per diluted share. In the same quarter last year, net sales were $381.0M with a net loss of $1.90M or minus $0.04 per diluted share. EBITDA for first-quarter 2019 was $26.30M, an increase of $5.0M over the same quarter last year.
TMST has a market value of $249.25M while its EPS was booked as $-0.86 in the last 12 months. The stock has 45.40M shares outstanding. In the profitability analysis, the company has gross profit margin of 7.00% while net profit margin was -2.50%. Beta value of the company was 2.50; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.70.