Sandvik (OTCMKTS:SDVKY - Get Free Report) is projected to post its quarterly earnings results on Friday, July 18th. Analysts expect Sandvik to post earnings of $0.36 per share and revenue of $29.43 billion for the quarter.
Sandvik (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 the consensus estimate of $0.29 by ($0.01). Sandvik had a net margin of 11.95% and a return on equity of 16.64%. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $30.25 billion. On average, analysts expect Sandvik to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Sandvik Price Performance
Sandvik stock traded down $0.43 during midday trading on Friday, hitting $24.09. The company's stock had a trading volume of 17,845 shares, compared to its average volume of 64,421. Sandvik has a 12 month low of $16.94 and a 12 month high of $24.53. The company has a quick ratio of 0.98, a current ratio of 1.85 and a debt-to-equity ratio of 0.42. The stock's 50-day moving average price is $22.24 and its 200-day moving average price is $21.12. The company has a market capitalization of $30.22 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 1.54 and a beta of 1.51.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Sandvik in a research report on Wednesday, June 25th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".
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About Sandvik
(
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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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