Should I buy or sell AB SKF (publ) stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AB SKF (publ) in the last twelve months. There are currently 3 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SKFRY shares. View SKFRY analyst ratings or view top-rated stocks .

How have SKFRY shares performed in 2023?

AB SKF (publ)'s stock was trading at $15.2550 at the beginning of the year. Since then, SKFRY stock has increased by 27.5% and is now trading at $19.45. View the best growth stocks for 2023 here .

Are investors shorting AB SKF (publ)?

AB SKF (publ) saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 41,300 shares, an increase of 18.7% from the October 15th total of 34,800 shares. Based on an average daily volume of 74,100 shares, the days-to-cover ratio is presently 0.6 days. View AB SKF (publ)'s Short Interest .

How were AB SKF (publ)'s earnings last quarter?

AB SKF (publ) (OTCMKTS:SKFRY) released its earnings results on Friday, October, 27th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.07. The industrial products company had revenue of $2.38 billion for the quarter. AB SKF (publ) had a trailing twelve-month return on equity of 14.20% and a net margin of 6.37%.

Is AB SKF (publ) a good dividend stock?

AB SKF (publ) (OTCMKTS:SKFRY) pays an annual dividend of $0.57 per share and currently has a dividend yield of 2.87%. The dividend payout ratio is 41.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SKFRY will have a dividend payout ratio of 39.86% next year. This indicates that the company will be able to sustain or increase its dividend.

How do I buy shares of AB SKF (publ)?

Shares of SKFRY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

AB SKF (publ) Stock Price, News & Analysis (OTCMKTS:SKFRY)

$19.45

-0.34 (-1.72%)

(As of 12/8/2023 ET)

Compare

Today's Range: $19.42
▼
$19.55
50-Day Range: $15.44
▼
$19.79
52-Week Range: $14.90
▼
$20.76

Volume: 11,222 shs
Average Volume: 8,150 shs
Market Capitalization: $8.86 billion

P/E Ratio: 13.99
Dividend Yield: 2.93%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Earnings Headlines Short Interest

AB SKF (publ) MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.01% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -11.18%
From $1.61 to $1.43 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for AB SKF (publ).

3.0

Short Interest

Percentage of Shares Shorted
0.01% of the outstanding shares of AB SKF (publ) have been sold short.
Short Interest Ratio / Days to Cover
AB SKF (publ) has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in AB SKF (publ) has recently increased by 1.69%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
AB SKF (publ) pays a meaningful dividend of 2.87%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
AB SKF (publ) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of AB SKF (publ) is 41.01%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, AB SKF (publ) will have a dividend payout ratio of 39.86% next year. This indicates that AB SKF (publ) will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SKFRY.

1.2

News and Social Media Coverage

News Sentiment
AB SKF (publ) has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 1 news article for AB SKF (publ) this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AB SKF (publ) insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.04% of the stock of AB SKF (publ) is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for AB SKF (publ) are expected to decrease by -11.18% in the coming year, from $1.61 to $1.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AB SKF (publ) is 13.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of AB SKF (publ) is 13.99, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.42.
Price to Earnings Growth Ratio
AB SKF (publ) has a PEG Ratio of 0.89. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
AB SKF (publ) has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AB SKF (publ) Stock (OTCMKTS:SKFRY)

AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. The company operates in segments, Industrial and Automotive. It offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, thin section bearing, industrial and automotive seals, lubrication management solutions, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, vehicle aftermarket, and waste electric and electronic equipment products. The company also provides various services, including application engineering, asset management, condition-based maintenance, mechanical maintenance, remanufacturing and customization, and training solutions. It offers its solutions for various industries, including aerospace, agriculture, cars and light trucks, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing and cement, ocean energy, oil and gas, pulp and paper, railways, trucks, trailers, buses, two and three wheelers, and wind energy. The company was founded in 1907 and is headquartered in Gothenburg, Sweden.

SKFRY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SKFRY Stock News Headlines

December 9, 2023 | americanbankingnews.com

RBC Bearings (NYSE:RBCP) versus AB SKF (publ) (OTCMKTS:SKFRY) Financial Review

December 1, 2023 | finance.yahoo.com

SKF increases localization rate in the Americas and Asia; closes factory in Busan, Korea

December 9, 2023 | Autonomix (Ad)

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November 27, 2023 | msn.com

SKF AB - ADR (SKFRY) Price Target Increased by 5.54% to 19.05

November 8, 2023 | finance.yahoo.com

SKF strengthens magnetic bearings offer by acquiring fibre composite company

October 27, 2023 | uk.movies.yahoo.com

Sweden's SKF cuts sales outlook as downturn begins to bite

October 27, 2023 | reuters.com

SKF considers exiting non-core Aerospace business lines

October 27, 2023 | reuters.com

Bearings maker SKF profit lags forecast, lowers full-year outlook

December 9, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 27, 2023 | msn.com

AB SKF (publ) Non-GAAP EPS of SEK4.49, revenue of SEK27.77B

October 27, 2023 | finance.yahoo.com

SKF Nine-month report 2023: Resilient margins and strong cash flow despite slowdown in demand

October 19, 2023 | msn.com

SKF: 'Major blow' sees Luton factory shutting down with 300 jobs set to be lost

October 17, 2023 | marketwatch.com

SKF to Close Luton Factory in UK

October 9, 2023 | msn.com

SKF inaugurates factory in Mexico

October 4, 2023 | finance.yahoo.com

SKF inaugurates factory in Monterrey, Mexico

October 3, 2023 | finance.yahoo.com

3 Metal Fabrication Stocks to Watch as Industry Trends Improve

September 8, 2023 | finance.yahoo.com

Nomination Committee of AB SKF for the Annual General Meeting 2024

August 31, 2023 | finance.yahoo.com

SKF appoints Sophie Arnius as Head of Investor Relations

July 19, 2023 | msn.com

AB SKF (publ) Non-GAAP EPS of SEK5.36, revenue of SEK27.12B

July 5, 2023 | finance.yahoo.com

Are Investors Undervaluing AB SKF (SKFRY) Right Now?

June 29, 2023 | finance.yahoo.com

SKF and Sinoma Nitride accelerate large-scale application of hybrid ceramic ball bearings

June 22, 2023 | finance.yahoo.com

SKF signs Virtual Power Purchase Agreement (VPPA) to support renewable energy in Europe

June 21, 2023 | finance.yahoo.com

SKF announces electric aviation agreement with Lilium

June 19, 2023 | finance.yahoo.com

Despite Fast-paced Momentum, AB SKF (SKFRY) Is Still a Bargain Stock

June 15, 2023 | finance.yahoo.com

Is AB SKF (SKFRY) Stock Undervalued Right Now?

June 9, 2023 | finance.yahoo.com

SKF to phase out its own fossil gas use with a SEK 3 billion decarbonization investment frame

June 1, 2023 | finance.yahoo.com

SKF establishes global Product Category Rules for bearings to quantify environmental impact

See More Headlines

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Company Calendar

Last Earnings: 10/27/2023
Today: 12/09/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Ball & roller bearings
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: OTCMKTS:SKFRY
CUSIP: N/A
CIK: N/A
Web: www.skf.com
Phone: (631) 337-1000
Fax: 46-3-133-728-32
Employees: 47,724
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.39
Trailing P/E Ratio: 13.99
Forward P/E Ratio: 12.08
P/E Growth: 0.89
Net Income: $442.88 million
Net Margins: 6.37%
Pretax Margin: 9.14%
Return on Equity: 14.20%
Return on Assets: 6.92%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 2.20
Quick Ratio: 1.31

Sales & Book Value

Annual Sales: $9.61 billion
Price / Sales: 0.92
Cash Flow: $2.27 per share
Price / Cash Flow: 8.56
Book Value: $12.57 per share
Price / Book: 1.55

Miscellaneous

Outstanding Shares: 455,350,000
Free Float: N/A
Market Cap: $8.86 billion
Optionable: Not Optionable
Beta: 1.29

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Key Executives

Mr. Rickard Gustafson (Age 59)
President, CEO & Director
Comp: $25.63M
Mr. Niclas Rosenlew (Age 51)
Senior VP of Group Finance & CFO
Comp: $5.81M
Mr. Joakim Landholm (Age 54)
Senior Vice President of Group Operations & Digital Transformation
Carina van den Berg
Director of Group Controlling & Accounting
Ms. Annika Olme (Age 50)
CTO & Senior VP of Technology
Mr. Patrik Stenberg
Head of Investor Relations and Director of Group Investor Relations & Mergers & Acquisitions
Mr. Mathias Lyon (Age 48)
General Counsel and Senior VP of Group Legal & Compliance
Mr. Theo Kjellberg
Head of Media Relations, Director of Group Communication & Press Relations
Mr. Kent Viitanen (Age 58)
President of Industrial Region Europe Middle East & Africa
Mr. John Schmidt (Age 54)
President of Industrial Region Americas

Key Competitors

View All Competitors

SKFRY Stock Analysis - Frequently Asked Questions

Should I buy or sell AB SKF (publ) stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AB SKF (publ) in the last twelve months. There are currently 3 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SKFRY shares.
View SKFRY analyst ratings or view top-rated stocks.
How have SKFRY shares performed in 2023?: AB SKF (publ)'s stock was trading at $15.2550 at the beginning of the year. Since then, SKFRY stock has increased by 27.5% and is now trading at $19.45.
View the best growth stocks for 2023 here.
Are investors shorting AB SKF (publ)?: AB SKF (publ) saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 41,300 shares, an increase of 18.7% from the October 15th total of 34,800 shares. Based on an average daily volume of 74,100 shares, the days-to-cover ratio is presently 0.6 days.
View AB SKF (publ)'s Short Interest.
How were AB SKF (publ)'s earnings last quarter?: AB SKF (publ) (OTCMKTS:SKFRY) released its earnings results on Friday, October, 27th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.07. The industrial products company had revenue of $2.38 billion for the quarter. AB SKF (publ) had a trailing twelve-month return on equity of 14.20% and a net margin of 6.37%.

Is AB SKF (publ) a good dividend stock?: AB SKF (publ) (OTCMKTS:SKFRY) pays an annual dividend of $0.57 per share and currently has a dividend yield of 2.87%. The dividend payout ratio is 41.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SKFRY will have a dividend payout ratio of 39.86% next year. This indicates that the company will be able to sustain or increase its dividend.
How do I buy shares of AB SKF (publ)?: Shares of SKFRY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (OTCMKTS:SKFRY) was last updated on 12/9/2023 by MarketBeat.com Staff

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