OTCMKTS:SKFRYAB SKF Stock Price, Forecast & News

$19.35

-0.34 (-1.73 %)

(As of 07/10/2020 03:17 PM ET)

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Today's Range

$19.19

Now: $19.35▼

$19.35

50-Day Range

$16.14

MA: $18.42▼

$20.00

52-Week Range

$11.13

Now: $19.35▼

$21.10

Volume5,100 shs

Average Volume10,235 shs

Market Capitalization$8.81 billion

P/E Ratio14.88

Dividend Yield1.25%

Beta1.31

AB SKF (publ) offers bearings, seals, condition monitoring, lubrication systems, and services. It operates in two segments, Industrial and Automotive. The company's products include bearings, units, and housings; seals; lubrication solutions; lubricants; actuation systems, ball and roller screws, linear guides and tables, and engineering tools; magnetic bearings/permanent magnetic electric motors; mechatronic solutions; maintenance products; condition monitoring systems; power transmission products and solutions; coupling systems; test and measurement equipment; and vehicle aftermarket products, such as wheel end, powertrain, driveline, and suspension products. Its services comprise asset management, customer training, engineering consultancy, logistics, mechanical maintenance, and remanufacturing and maintenance services. The company offers its solutions for various industries, including aerospace, agriculture, automation, cars and light trucks, compressors, construction, electric motors, food and beverage, home appliances, industrial fans and pumps, industrial transmissions, machine tools, marine, material handling, medical and health care, metals, mining, mineral processing, ocean energy, oil and gas, portable power tools, power generation, pulp and paper, racing, railways, skates, trucks, trailers and buses, two and three wheelers, and wind energy. AB SKF (publ) markets its products directly, as well as through a network of distributors in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1907 and is headquartered in Gothenburg, Sweden.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

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

1.8 Community Rank

Outperform Votes
AB SKF has received 177 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AB SKF has received 308 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AB SKF has received 63.51% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AB SKF and other stocks. Vote “Outperform” if you believe SKFRY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SKFRY will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
AB SKF has a dividend yield of 1.25%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
AB SKF does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of AB SKF is 19.38%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, AB SKF will have a dividend payout ratio of 18.80% next year. This indicates that AB SKF will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AB SKF insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.16% of the stock of AB SKF is held by institutions.

3.1 Earnings and Valuation

Earnings Growth
Earnings for AB SKF are expected to grow by 54.65% in the coming year, from $0.86 to $1.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AB SKF is 14.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of AB SKF is 14.88, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.65.
Price to Earnings Growth Ratio
AB SKF has a PEG Ratio of 3.75. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
AB SKF has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.32 out of 5 stars

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Ball & roller bearings

Sub-IndustryN/A

SectorIndustrial Products

Current SymbolOTCMKTS:SKFRY

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.skf.com

Phone46-3-133-710-00

Debt

Debt-to-Equity Ratio0.41

Current Ratio2.07

Quick Ratio1.29

Price-To-Earnings

Trailing P/E Ratio14.88

Forward P/E Ratio22.50

P/E Growth3.75

Sales & Book Value

Annual Sales$9.10 billion

Price / Sales0.97

Cash Flow$2.07 per share

Price / Cash Flow9.36

Book Value$8.68 per share

Price / Book2.23

Profitability

EPS (Most Recent Fiscal Year)$1.29

Net Income$587.93 million

Net Margins6.48%

Return on Equity15.09%

Return on Assets5.83%

Miscellaneous

Employees43,134

Outstanding Shares455,350,000

Market Cap$8.81 billion

Next Earnings Date7/15/2020 (Estimated)

OptionableNot Optionable

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AB SKF (OTCMKTS:SKFRY) Frequently Asked Questions

How has AB SKF's stock been impacted by COVID-19 (Coronavirus)?

AB SKF's stock was trading at $15.13 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SKFRY stock has increased by 27.9% and is now trading at $19.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of AB SKF?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AB SKF in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for AB SKF.

When is AB SKF's next earnings date?

AB SKF is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for AB SKF.

How were AB SKF's earnings last quarter?

AB SKF (OTCMKTS:SKFRY) released its quarterly earnings data on Tuesday, January, 29th. The industrial products company reported $0.51 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.35 by $0.16. The industrial products company earned $2.34 billion during the quarter. AB SKF had a net margin of 6.48% and a return on equity of 15.09%. View AB SKF's earnings history.

Has AB SKF been receiving favorable news coverage?

News articles about SKFRY stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. AB SKF earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about AB SKF.

Who are some of AB SKF's key competitors?

Some companies that are related to AB SKF include Eaton (ETN), Cintas (CTAS), Johnson Controls International (JCI), Mitsui & Co Ltd (MITSY), SANDVIK AB/ADR (SDVKY), Rockwell Automation (ROK), Ball (BLL), Parker-Hannifin (PH), ASSA ABLOY AB/S (ASAZY), Stanley Black & Decker (SWK), Komatsu (KMTUY), Techtronic Industries (TTNDY), Ferguson (FERGY), Kubota (KUBTY) and Amcor (AMCR). View all competitors.

Who are AB SKF's key executives?

AB SKF's management team includes the following people:

Mr. Alrik Danielson, Pres, CEO & Director (Age 57)
Mr. Christian Johansson, Sr. VP & CFO (Age 56)
Ms. Victoria Van Camp, CTO and Pres of Innovation & Bus. Devel. (Age 53)
Mr. Patrik Stenberg, Head of Investor Relations
Ms. Carina Bergfelt, Gen. Counsel, Sr. VP of Group People, Communication, Legal & Sustainability and Sec. (Age 59)

What is AB SKF's stock symbol?

AB SKF trades on the OTCMKTS under the ticker symbol "SKFRY."

How do I buy shares of AB SKF?

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

What is AB SKF's stock price today?

One share of SKFRY stock can currently be purchased for approximately $19.35.

How big of a company is AB SKF?

AB SKF has a market capitalization of $8.81 billion and generates $9.10 billion in revenue each year. The industrial products company earns $587.93 million in net income (profit) each year or $1.29 on an earnings per share basis. AB SKF employs 43,134 workers across the globe.

What is AB SKF's official website?

The official website for AB SKF is www.skf.com.

How can I contact AB SKF?

AB SKF's mailing address is SE-415 50 HORNSGATEN 1, GOTHENBURG V7, 415 50. The industrial products company can be reached via phone at 46-3-133-710-00 or via email at [email protected]

This page was last updated on 7/10/2020 by MarketBeat.com Staff

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