OTCMKTS:SKFRY AB SKF (publ) - SKFRY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AB SKF (publ) Please log in to your account or sign up in order to add this asset to your watchlist. $19.37 +0.49 (+2.60%) (As of 03/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$19.33▼$19.5250-Day Range$17.60▼$20.5252-Week Range$12.57▼$20.76Volume7,283 shsAverage Volume12,088 shsMarket Capitalization$8.25 billionP/E Ratio19.56Dividend Yield2.94%Price Target$124.33 ProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesShort Interest AB SKF (publ) MarketRank™ ForecastAnalyst RatingHold1.55 Rating ScoreUpside/Downside685.6% Upside$152.14 Price TargetShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth11.11%From $1.35 to $1.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.01 out of 5 stars 2.8 Analyst's Opinion Consensus RatingAB SKF (publ) has received a consensus rating of Hold. The company's average rating score is 1.55, and is based on 1 buy rating, 4 hold ratings, and 6 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $152.14, AB SKF (publ) has a forecasted upside of 685.6% from its current price of $19.37.Amount of Analyst CoverageAB SKF (publ) has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.00% of the outstanding shares of AB SKF (publ) have been sold short.Short Interest Ratio / Days to CoverAB SKF (publ) has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AB SKF (publ) has recently increased by 70.18%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldAB SKF (publ) pays a meaningful dividend of 3.08%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAB SKF (publ) does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of AB SKF (publ) is 57.58%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, AB SKF (publ) will have a dividend payout ratio of 38.00% next year. This indicates that AB SKF (publ) will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SKFRY. Previous Next 0.6 News and Social Media Coverage News SentimentAB SKF (publ) has a news sentiment score of -1.00. 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 0.63 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 1 news article for AB SKF (publ) this week, compared to 0 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AB SKF (publ) insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 0.02% of the stock of AB SKF (publ) is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for AB SKF (publ) are expected to grow by 11.11% in the coming year, from $1.35 to $1.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AB SKF (publ) is 19.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.81.Price to Earnings Ratio vs. SectorThe P/E ratio of AB SKF (publ) is 19.56, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.32.Price to Earnings Growth RatioAB SKF (publ) has a PEG Ratio of 1.89. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAB SKF (publ) has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AB SKF (publ) (OTCMKTS:SKFRY) StockSKF AB engages in the manufacture of machine and rotating equipment. It operates through the Industrial and Automotive segments. The Industrial segment comprises of Industrial Sales Americas, Industrial Sales Europe and Middle East and Africa, Industrial Sales Asia, Industrial Units, Bearing Operations, and Aerospace. The Automotive segment provides a range of products, solutions, and services to manufacturers of cars, light trucks, heavy trucks, trailers, buses, two-wheelers, and the vehicle aftermarket. The company offers bearings, seals, lubrication management, condition monitoring, and maintenance services. Its products are used in other variety of rotating applications, such as wind and ocean power, to heavy industries like mining, metal, and pulp and paper; and commercial vehicles such as bicycles, skateboards; and household appliances. SKF was founded by Sven Wingquist on February 16, 1907 and is headquartered in Gothenburg, Sweden.Read More Receive SKFRY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AB SKF (publ) and its competitors with MarketBeat's FREE daily newsletter. Email Address SKFRY Stock News HeadlinesMarch 1, 2023 | finance.yahoo.comSKF Annual Report 2022 published online; major milestone reached for own renewable energy useDecember 15, 2022 | finance.yahoo.comSKF awarded top sustainability ratingsMarch 30, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. December 8, 2022 | ca.finance.yahoo.comSKF conducts strategic review of its Aerospace businessDecember 8, 2022 | finance.yahoo.comSKF hosts Capital Markets DayDecember 7, 2022 | finance.yahoo.comSKF and Castrol partner to offer access to circular use of industrial lubricantsNovember 9, 2022 | finance.yahoo.comSKF completes acquisition of Tenute SrlOctober 27, 2022 | finance.yahoo.comSKF and NIO expand strategic cooperationMarch 30, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. October 25, 2022 | seekingalpha.comAB SKF (publ) (SKFRY) Q3 2022 Earnings Call TranscriptOctober 25, 2022 | benzinga.comSKF: Q3 Earnings InsightsOctober 9, 2022 | finance.yahoo.comAB SKF (publ) (SKFRY)September 10, 2022 | seekingalpha.comSKF issues its second green bond; raises €400M to finance green investmentsSeptember 8, 2022 | finance.yahoo.comSKF's Capital Markets Day to be held on 8 December 2022July 20, 2022 | finance.yahoo.comSKF launches Railway Remanufacturing Service Centre in Southeast AsiaJuly 20, 2022 | benzinga.comRecap: SKF Q2 EarningsJuly 20, 2022 | seekingalpha.comAB SKF (SKFRY) CEO Rickard Gustafson on Q2 2022 Results - Earnings Call TranscriptApril 26, 2022 | finance.yahoo.comSKF and Amazon Web Services collaborate to reinvent machine reliability industrial solutionsApril 26, 2022 | finance.yahoo.comSKF First-quarter report 2022: Strong growth with improved industrial marginApril 1, 2022 | marketwatch.comSKF Customer Sold On Products to Russian Arms CompanyApril 1, 2022 | finance.yahoo.comSKF statement on media reporting related to sales in RussiaFebruary 13, 2022 | nasdaq.comSKF AB ADR (SKFRY)February 3, 2022 | finance.yahoo.comSKF Year-end report 2021January 31, 2022 | nasdaq.comSKFRY After-Hours QuotesJanuary 20, 2022 | finance.yahoo.comSKF to present FY Results and updated strategic framework on 3 FebruaryJanuary 12, 2022 | finance.yahoo.comSKF Technologies Critical in Helping Automakers Accelerate Electric Vehicle Development & ProductionJanuary 5, 2022 | finance.yahoo.comSKF licences slop-oil recovery technology to Christof Global ImpactSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SKFRY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AB SKF (publ) and its competitors with MarketBeat's FREE daily newsletter. Email Address SKFRY Company Calendar Last Earnings2/02/2023Today3/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Ball & roller bearings Sub-IndustryN/A SectorIndustrial Products Current SymbolOTCMKTS:SKFRY CUSIPN/A CIKN/A Webwww.skf.com Phone(631) 337-1000Fax46-3-133-728-32Employees42,602Year FoundedN/APrice Target and Rating Average Stock Price Forecast$152.14 High Stock Price Forecast$205.00 Low Stock Price Forecast$115.00 Forecasted Upside/Downside+558.5%Consensus RatingHold Rating Score (0-4)1.55 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$0.99 Trailing P/E Ratio19.07 Forward P/E Ratio13.99 P/E Growth1.89Net Income$442.88 million Net Margins4.69% Pretax Margin7.52% Return on Equity11.71% Return on Assets5.57% Debt Debt-to-Equity Ratio0.35 Current Ratio2.45 Quick Ratio1.38 Sales & Book Value Annual Sales$9.61 billion Price / Sales0.84 Cash Flow$2.36 per share Price / Cash Flow8.00 Book Value$12.57 per share Price / Book1.50Miscellaneous Outstanding Shares425,950,000Free FloatN/AMarket Cap$8.04 billion OptionableNot Optionable Beta1.29 Key ExecutivesRickard GustafsonPresident, Chief Executive Officer & DirectorJoakim LandholmSenior Vice President-OperationsNiclas RosenlewChief Financial Officer & Senior Vice PresidentAnnika ÖlmeChief Technology OfficerAndrew BellChief Technology Officer & Senior Vice PresidentKey CompetitorsRBC BearingsNYSE:RBCTimkenNYSE:TKRAGCOTCMKTS:ASGLYDonaldsonNYSE:DCITetra TechNASDAQ:TTEKView All Competitors SKFRY Stock - Frequently Asked Questions Should I buy or sell AB SKF (publ) stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AB SKF (publ) in the last twelve months. There are currently 6 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SKFRY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SKFRY, but not buy additional shares or sell existing shares. View SKFRY analyst ratings or view top-rated stocks. What is AB SKF (publ)'s stock price forecast for 2023? 11 analysts have issued 1 year price objectives for AB SKF (publ)'s stock. Their SKFRY share price forecasts range from $115.00 to $205.00. On average, they predict the company's stock price to reach $152.14 in the next year. This suggests a possible upside of 705.8% from the stock's current price. View analysts price targets for SKFRY or view top-rated stocks among Wall Street analysts. 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 23.8% and is now trading at $18.88. View the best growth stocks for 2023 here. Are investors shorting AB SKF (publ)? AB SKF (publ) saw a increase in short interest in March. As of March 15th, there was short interest totaling 9,700 shares, an increase of 70.2% from the February 28th total of 5,700 shares. Based on an average trading volume of 28,600 shares, the days-to-cover ratio is currently 0.3 days. View AB SKF (publ)'s Short Interest. How were AB SKF (publ)'s earnings last quarter? AB SKF (publ) (OTCMKTS:SKFRY) released its quarterly earnings results on Thursday, February, 2nd. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.06. The industrial products company earned $2.37 billion during the quarter. AB SKF (publ) had a trailing twelve-month return on equity of 11.71% and a net margin of 4.69%. 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 3.08%. The dividend payout ratio is 57.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SKFRY will have a dividend payout ratio of 38.00% next year. This indicates that the company will be able to sustain or increase its dividend. What is AB SKF (publ)'s stock symbol? AB SKF (publ) trades on the OTCMKTS under the ticker symbol "SKFRY." 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. What is AB SKF (publ)'s stock price today? One share of SKFRY stock can currently be purchased for approximately $18.88. How much money does AB SKF (publ) make? AB SKF (publ) (OTCMKTS:SKFRY) has a market capitalization of $8.04 billion and generates $9.61 billion in revenue each year. The industrial products company earns $442.88 million in net income (profit) each year or $0.99 on an earnings per share basis. How many employees does AB SKF (publ) have? The company employs 42,602 workers across the globe. How can I contact AB SKF (publ)? AB SKF (publ)'s mailing address is SE-415 50 HORNSGATEN 1, GOTHENBURG V7, 415 50. The official website for the company is www.skf.com. The industrial products company can be reached via phone at (631) 337-1000, via email at patrik.stenberg@skf.com, or via fax at 46-3-133-728-32. This page (OTCMKTS:SKFRY) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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