OTCMKTS:SKFRY

AB SKF Stock Forecast, Price & News

$20.51

-0.84 (-3.93 %)

(As of 09/21/2020 12:00 AM ET)

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Today's Range

$20.40

Now: $20.51▼

$20.80

50-Day Range

$18.27

MA: $20.13▼

$21.72

52-Week Range

$11.13

Now: $20.51▼

$21.83

Volume3,677 shs

Average Volume24,131 shs

Market Capitalization$9.34 billion

P/E Ratio22.79

Dividend Yield1.17%

Beta1.34

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 179 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AB SKF has received 315 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AB SKF has received 63.77% “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 1.17%, 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 18.25% 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 0.14% of the stock of AB SKF is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for AB SKF are expected to grow by 38.38% in the coming year, from $0.99 to $1.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AB SKF is 22.79, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of AB SKF is 22.79, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 27.40.
Price to Earnings Growth Ratio
AB SKF has a PEG Ratio of 3.90. 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 2.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.07 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 Ratio0.43

Current Ratio2.04

Quick Ratio1.28

Price-To-Earnings

Trailing P/E Ratio22.79

Forward P/E Ratio20.72

P/E Growth3.9

Sales & Book Value

Annual Sales$9.10 billion

Price / Sales1.03

Cash Flow$2.02 per share

Price / Cash Flow10.14

Book Value$8.68 per share

Price / Book2.36

Profitability

EPS (Most Recent Fiscal Year)$1.29

Net Income$587.93 million

Net Margins4.97%

Return on Equity13.97%

Return on Assets5.44%

Miscellaneous

Employees43,134

Outstanding Shares455,350,000

Market Cap$9.34 billion

Next Earnings Date10/27/2020 (Estimated)

OptionableNot Optionable

$20.51

-0.84 (-3.93 %)

(As of 09/21/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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AB SKF (OTCMKTS:SKFRY) Frequently Asked Questions

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

AB SKF's stock was trading at $15.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SKFRY stock has increased by 35.6% and is now trading at $20.51.
View which stocks have been most impacted by COVID-19.

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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AB SKF in the last year. There are currently 4 sell ratings, 3 hold ratings and 3 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 Tuesday, October 27th 2020.
View our earnings forecast for AB SKF.

How were AB SKF's earnings last quarter?

AB SKF (OTCMKTS:SKFRY) issued its quarterly earnings results on Tuesday, July, 21st. The industrial products company reported $0.28 earnings per share for the quarter. The industrial products company had revenue of $1.71 billion for the quarter. AB SKF had a net margin of 4.97% and a return on equity of 13.97%.
View AB SKF's earnings history.

Are investors shorting AB SKF?

AB SKF saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,700 shares, an increase of 825.0% from the August 15th total of 400 shares. Based on an average trading volume of 15,500 shares, the short-interest ratio is currently 0.2 days.
View AB SKF's Short Interest.

Who are some of AB SKF's key competitors?

Some companies that are related to AB SKF include FANUC LTD JAPAN/ADR (FANUY), Cintas (CTAS), IAC/InterActiveCorp (IAC), Mitsui & Co Ltd (MITSY), Johnson Controls International (JCI), Ball (BLL), Parker-Hannifin (PH), SANDVIK AB/ADR (SDVKY), ASSA ABLOY AB/S (ASAZY), Stanley Black & Decker (SWK), Rockwell Automation (ROK), Techtronic Industries (TTNDY), Komatsu (KMTUY), Kubota (KUBTY) and Ferguson (FERGY).
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 $20.51.

How big of a company is AB SKF?

AB SKF has a market capitalization of $9.34 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 9/22/2020 by MarketBeat.com Staff

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