OTCMKTS:SKFRY

AB SKF (publ) Stock Forecast, Price & News

$23.56

-0.54 (-2.24 %)

(As of 09/17/2021 12:00 AM ET)

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Today's Range

$23.44

▼

$23.74

50-Day Range

$23.56

▼

$27.12

52-Week Range

$19.19

▼

$30.50

Volume36,176 shs

Average Volume12,776 shs

Market Capitalization$10.73 billion

P/E Ratio13.86

Dividend Yield2.61%

Beta1.37

30 days | 90 days | 365 days | Advanced Chart

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About AB SKF (publ)

SKF 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 was founded by Sven Wingquist on February 16, 1907 and is headquartered in Gothenburg, Sweden.

AB SKF (publ) (OTCMKTS:SKFRY) Short Interest Down 78.5% in August
September 15, 2021 | americanbankingnews.com

AB SKF (publ) (OTCMKTS:SKFRY) Receives Average Rating of "Hold" from Analysts
September 12, 2021 | americanbankingnews.com

HSBC Upgrades AB SKF (publ) (OTCMKTS:SKFRY) to Buy
September 3, 2021 | americanbankingnews.com

SKF strengthens analytics capability through acquisition
August 31, 2021 | finance.yahoo.com

A Look Into FirstEnergy's Debt
July 22, 2021 | benzinga.com

AB SKF Reports Strong Q2 Results With 25% Revenue Growth
July 20, 2021 | finance.yahoo.com

SKFRY vs. TKR: Which Stock Should Value Investors Buy Now?
June 7, 2021 | finance.yahoo.com

SKFRY vs. TKR: Which Stock Is the Better Value Option?
May 21, 2021 | finance.yahoo.com

SKFRY or TKR: Which Is the Better Value Stock Right Now?
May 5, 2021 | finance.yahoo.com

Rickard Gustafson to join SKF on 1 June 2021
April 28, 2021 | finance.yahoo.com

See More Headlines

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
Phone(631) 337-1000
Employees40,963
Year FoundedN/A

Sales & Book Value

Annual Sales$8.16 billion
Price / Sales1.31
Cash Flow$2.28 per share
Price / Cash Flow10.34
Book Value$8.55 per share
Price / Book2.76

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares455,351,000
Market Cap$10.73 billion
Next Earnings Date10/26/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

2.04 out of 5 stars

3.0 Analyst's Opinion

Consensus Rating
AB SKF (publ) has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 4 buy ratings, 4 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $26.16, AB SKF (publ) has a forecasted upside of 11.0% from its current price of $23.56.
Amount of Analyst Coverage
AB SKF (publ) has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.5 Community Rank

Outperform Votes
AB SKF (publ) has received 187 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AB SKF (publ) has received 171 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AB SKF (publ) has received 52.23% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AB SKF (publ) 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.

2.5 Dividend Strength

Dividend Yield
AB SKF (publ) pays a meaningful dividend of 2.61%, 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 40.91%. 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 32.64% next year. This indicates that AB SKF (publ) 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 (publ) insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.16% of the stock of AB SKF (publ) is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for AB SKF (publ) are expected to remain at $1.93 per share in the coming year.
Price to Earnings Ratio vs. the Market
The P/E ratio of AB SKF (publ) is 13.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of AB SKF (publ) is 13.86, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 30.60.
Price to Book Value per Share Ratio
AB SKF (publ) has a P/B Ratio of 2.76. 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

AB SKF (publ) (OTCMKTS:SKFRY) Frequently Asked Questions

Is AB SKF (publ) a buy right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AB SKF (publ) in the last year. There are currently 4 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AB SKF (publ) stock. 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 analyst ratings for AB SKF (publ) or view top-rated stocks.

What stocks does MarketBeat like better than AB SKF (publ)?

Wall Street analysts have given AB SKF (publ) a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but AB SKF (publ) wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting AB SKF (publ)?

AB SKF (publ) saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,900 shares, a drop of 78.5% from the August 15th total of 13,500 shares. Based on an average daily volume of 33,200 shares, the days-to-cover ratio is currently 0.1 days.
View AB SKF (publ)'s Short Interest.

When is AB SKF (publ)'s next earnings date?

AB SKF (publ) is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for AB SKF (publ).

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

AB SKF (publ) (OTCMKTS:SKFRY) announced its quarterly earnings data on Tuesday, July, 20th. The industrial products company reported $0.61 earnings per share for the quarter. The industrial products company earned $2.46 billion during the quarter. AB SKF (publ) had a net margin of 8.38% and a trailing twelve-month return on equity of 20.79%.
View AB SKF (publ)'s earnings history.

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

AB SKF (publ)'s stock was trading at $15.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SKFRY stock has increased by 55.7% and is now trading at $23.56.
View which stocks have been most impacted by COVID-19.

Is AB SKF (publ) a good dividend stock?

AB SKF (publ) pays an annual dividend of $0.63 per share and currently has a dividend yield of 2.61%. The dividend payout ratio of AB SKF (publ) is 40.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AB SKF (publ) will have a dividend payout ratio of 32.64% next year. This indicates that AB SKF (publ) will be able to sustain or increase its dividend.
View AB SKF (publ)'s dividend history.

What price target have analysts set for SKFRY?

12 brokers have issued 1-year price objectives for AB SKF (publ)'s stock. Their forecasts range from $26.16 to $26.16. On average, they expect AB SKF (publ)'s stock price to reach $26.16 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price.
View analysts' price targets for AB SKF (publ) or view top-rated stocks among Wall Street analysts.

Who are AB SKF (publ)'s key executives?

AB SKF (publ)'s management team includes the following people:

Rickard Gustafson, President, Chief Executive Officer & Director
Kent Viitanen, President-Bearing Operations
Niclas Rosenlew, Chief Financial Officer & Senior Vice President
Victoria van Camp, Chief Technology Officer & President-Innovation
Mathias Lyon, Senior Vice President & General Counsel

Who are some of AB SKF (publ)'s key competitors?

Some companies that are related to AB SKF (publ) include Cintas (CTAS), KONE Oyj (KNYJY), Techtronic Industries (TTNDY), Mitsui & Co., Ltd. (MITSY), Parker-Hannifin (PH), Ashtead Group (ASHTY), Rockwell Automation (ROK), ASSA ABLOY AB (publ) (ASAZY), Ferguson (FERG), Sandvik AB (publ) (SDVKY), Zebra Technologies (ZBRA), Stanley Black & Decker (SWK), Ball (BLL), Kubota (KUBTY) and Komatsu (KMTUY).
View all of SKFRY's competitors.

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 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 $23.56.

How much money does AB SKF (publ) make?

AB SKF (publ) has a market capitalization of $10.73 billion and generates $8.16 billion in revenue each year. The industrial products company earns $468.48 million in net income (profit) each year or $1.54 on an earnings per share basis.

How many employees does AB SKF (publ) have?

AB SKF (publ) employs 40,963 workers across the globe.

What is AB SKF (publ)'s official website?

The official website for AB SKF (publ) is www.skf.com.

Where are AB SKF (publ)'s headquarters?

AB SKF (publ) is headquartered at SE-415 50 HORNSGATEN 1, GOTHENBURG V7, 415 50.

How can I contact AB SKF (publ)?

AB SKF (publ)'s mailing address is SE-415 50 HORNSGATEN 1, GOTHENBURG V7, 415 50. The industrial products company can be reached via phone at (631) 337-1000 or via email at [email protected].

This page was last updated on 9/19/2021 by MarketBeat.com Staff

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