Sandvik AB (publ) (OTCMKTS:SDVKY - Get Free Report) is anticipated to announce its earnings results on Monday, April 28th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $31.00 billion for the quarter.
Sandvik AB (publ) (OTCMKTS:SDVKY - Get Free Report) last announced its earnings results on Wednesday, April 16th. The industrial products company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by ($0.01). Sandvik AB (publ) had a return on equity of 16.07% and a net margin of 9.92%. The business had revenue of $3 billion during the quarter, compared to analysts' expectations of $30.25 billion. On average, analysts expect Sandvik AB (publ) to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Sandvik AB (publ) Price Performance
Shares of SDVKY stock traded up $0.55 during trading hours on Friday, reaching $21.03. The stock had a trading volume of 53,362 shares, compared to its average volume of 90,042. The company has a current ratio of 1.79, a quick ratio of 0.94 and a debt-to-equity ratio of 0.42. The stock's fifty day simple moving average is $21.21 and its 200 day simple moving average is $20.05. The firm has a market capitalization of $26.38 billion, a PE ratio of 22.61, a PEG ratio of 1.00 and a beta of 1.48. Sandvik AB has a 12 month low of $16.94 and a 12 month high of $23.47.
Wall Street Analyst Weigh In
Separately, Sanford C. Bernstein raised Sandvik AB (publ) from an "underperform" rating to a "market perform" rating in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".
Check Out Our Latest Analysis on SDVKY
About Sandvik AB (publ)
(
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Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. The company offers mining and rock excavation equipment, including drill rigs and bolters, underground loaders and trucks, mechanical cutting equipment, rock tools and rock drills, and mining automation; rock processing equipment, such as crushers, screens, hydraulic breakers, demolition tools, and breaker booms.
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