On December 27, 2023, Kristopher Westbrooks, Executive Vice President and Chief Financial Officer of TimkenSteel Corp (TMST, Financial), sold 15,949 shares of the company's stock, according to a SEC Filing. TimkenSteel Corp is a manufacturer of alloy steel, as well as carbon and micro-alloy steel. The company's portfolio includes special bar quality (SBQ) bars, seamless mechanical tubing, and precision steel components, which are used in a variety of industries, including automotive, oil and gas, and industrial equipment.
Over the past year, the insider has sold a total of 35,418 shares and has not made any purchases of the company's stock.
The insider transaction history for TimkenSteel Corp shows a pattern of insider sales, with 0 insider buys and 6 insider sells over the past year.
On the day of the insider's recent sale, shares of TimkenSteel Corp were trading at $24.1, giving the company a market cap of $1.030 billion.
The price-earnings ratio of TimkenSteel Corp stands at 35.13, which is above both the industry median of 13.02 and the company's historical median price-earnings ratio.
With a trading price of $24.1 and a GuruFocus Value of $19.80, TimkenSteel Corp has a price-to-GF-Value ratio of 1.22, indicating that the stock is considered Modestly Overvalued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
