AB SKF (OTCMKTS:SKFRY - Get Free Report) is anticipated to release its results before the market opens on Wednesday, October 29th. Analysts expect AB SKF to post earnings of $0.30 per share and revenue of $2.2915 billion for the quarter.
AB SKF Stock Up 0.7%
Shares of OTCMKTS SKFRY opened at $25.54 on Wednesday. The firm has a fifty day simple moving average of $25.21 and a two-hundred day simple moving average of $22.85. AB SKF has a 12 month low of $15.86 and a 12 month high of $26.52. The company has a current ratio of 1.96, a quick ratio of 1.13 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $11.63 billion, a PE ratio of 22.60, a price-to-earnings-growth ratio of 1.96 and a beta of 1.19.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of AB SKF from a "hold" rating to a "strong-buy" rating in a report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy".
Read Our Latest Stock Analysis on SKFRY
AB SKF Company Profile
(
Get Free Report)
AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.
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