OTCMKTS:SKFRY

AB SKF (publ) - SKFRY Stock Forecast, Price & News

$13.89

+0.58 (+4.36%)

(As of 10/3/2022 12:00 AM ET)

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Today's Range: $13.60
▼
$14.30
50-Day Range: $12.71
▼
$16.80
52-Week Range: $12.57
▼
$26.20

Volume: 106,020 shs
Average Volume: 75,076 shs
Market Capitalization: $5.92 billion

P/E Ratio: 9.58
Dividend Yield: 4.73%
Price Target: $162.00

AB SKF (publ) MarketRank™ Forecast

Analyst Rating: Hold
2.08 Rating Score
Upside/Downside: 1,311.1% Upside
$196.00 Price Target
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.55
Based on 18 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 4.23%
From $1.42 to $1.48 Per Share

Overall MarketRank^™

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

2.21 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 $196.00, AB SKF (publ) has a forecasted upside of 1,311.1% from its current price of $13.89.
Amount of Analyst Coverage
AB SKF (publ) has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.00% 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 0, 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 93.75%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
AB SKF (publ) is a leading dividend payer. It pays a dividend yield of 4.73%, putting its dividend yield in the top 25% of dividend-paying stocks.
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 43.45%. 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 42.57% 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.

0.8

News and Social Media Coverage

News Sentiment
AB SKF (publ) has a news sentiment score of -0.55. 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 0.59 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 18 news articles 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 0.02% of the stock of AB SKF (publ) is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for AB SKF (publ) are expected to grow by 4.23% in the coming year, from $1.42 to $1.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AB SKF (publ) is 9.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.83.
Price to Earnings Ratio vs. Sector
The P/E ratio of AB SKF (publ) is 9.58, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.29.
Price to Earnings Growth Ratio
AB SKF (publ) has a PEG Ratio of 2.35. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
AB SKF (publ) has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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

AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, 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. It also provides various services, including application engineering, asset management, condition-based maintenance, mechanical maintenance, remanufacturing and customization, and training solutions. The company 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. AB SKF (publ) was founded in 1907 and is headquartered in Gothenburg, Sweden.

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SKFRY Stock News Headlines

October 3, 2022 | americanbankingnews.com

AB SKF (publ) (OTCMKTS:SKFRY) Downgraded to Hold at Nordea Equity Research

September 30, 2022 | americanbankingnews.com

Jefferies Financial Group Comments on AB SKF (publ)'s FY2022 Earnings (OTCMKTS:SKFRY)

September 29, 2022 | americanbankingnews.com

Jefferies Financial Group Lowers AB SKF (publ) (OTCMKTS:SKFRY) to Underperform

September 27, 2022 | americanbankingnews.com

AB SKF (publ) (OTCMKTS:SKFRY) Given Average Recommendation of "Hold" by Analysts

September 10, 2022 | seekingalpha.com

SKF issues its second green bond; raises €400M to finance green investments

September 8, 2022 | finance.yahoo.com

SKF's Capital Markets Day to be held on 8 December 2022

July 20, 2022 | finance.yahoo.com

SKF launches Railway Remanufacturing Service Centre in Southeast Asia

July 20, 2022 | benzinga.com

Recap: SKF Q2 Earnings

July 20, 2022 | seekingalpha.com

AB SKF (SKFRY) CEO Rickard Gustafson on Q2 2022 Results - Earnings Call Transcript

April 26, 2022 | finance.yahoo.com

SKF and Amazon Web Services collaborate to reinvent machine reliability industrial solutions

April 26, 2022 | finance.yahoo.com

SKF First-quarter report 2022: Strong growth with improved industrial margin

April 1, 2022 | marketwatch.com

SKF Customer Sold On Products to Russian Arms Company

April 1, 2022 | finance.yahoo.com

SKF statement on media reporting related to sales in Russia

February 13, 2022 | nasdaq.com

SKF AB ADR (SKFRY)

February 3, 2022 | finance.yahoo.com

SKF Year-end report 2021

January 31, 2022 | nasdaq.com

SKFRY After-Hours Quotes

January 20, 2022 | finance.yahoo.com

SKF to present FY Results and updated strategic framework on 3 February

January 12, 2022 | finance.yahoo.com

SKF Technologies Critical in Helping Automakers Accelerate Electric Vehicle Development & Production

January 5, 2022 | finance.yahoo.com

SKF licences slop-oil recovery technology to Christof Global Impact

October 28, 2021 | benzinga.com

Emerging Algae-Based Cosmetics Market Offers New Revenue Stream for This Company

October 19, 2021 | finance.yahoo.com

NHYDY or SKFRY: Which Is the Better Value Stock Right Now?

October 13, 2021 | finance.yahoo.com

SKF to publish nine-months results on 26 October

August 31, 2021 | finance.yahoo.com

SKF strengthens analytics capability through acquisition

July 22, 2021 | benzinga.com

A Look Into FirstEnergy's Debt

July 20, 2021 | finance.yahoo.com

AB SKF Reports Strong Q2 Results With 25% Revenue Growth

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SKFRY Company Calendar

Last Earnings: 7/20/2022
Today: 10/03/2022
Fiscal Year End: 12/31/2022

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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: 42,602
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $196.00
High Stock Price Forecast: $250.00
Low Stock Price Forecast: $123.00
Forecasted Upside/Downside: +1,066.3%
Consensus Rating: Hold
Rating Score (0-4): 2.08
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.45
Trailing P/E Ratio: 9.58
Forward P/E Ratio: 9.78
P/E Growth: 2.35
Net Income: $854.79 million
Net Margins: 6.88%
Pretax Margin: 10.07%
Return on Equity: 14.26%
Return on Assets: 6.51%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 2.04
Quick Ratio: 1.13

Sales & Book Value

Annual Sales: $9.53 billion
Price / Sales: 0.62
Cash Flow: $2.86 per share
Price / Cash Flow: 4.85
Book Value: $11.62 per share
Price / Book: 1.20

Miscellaneous

Outstanding Shares: 425,947,000
Free Float: N/A
Market Cap: $5.92 billion
Optionable: Not Optionable
Beta: 1.31

Key Executives

Mr. Rickard Gustafson (Age 58)
Pres, CEO & Director

Mr. Niclas Rosenlew (Age 50)
Sr. VP of Group Fin. & CFO

Mr. Joakim Landholm (Age 53)
Sr. VP of Operations & Digital Transformation

Carina van den Berg
Director of Group Controlling & Accounting

Annika Olme
Chief Technology Officer

Mr. Patrik Stenberg
Head of Investor Relations and Director of Group Investor Relations & Mergers & Acquisitions

Mr. Mathias Lyon (Age 47)
Gen. Counsel and Sr. VP of Group Legal & Compliance

Mr. Theo Kjellberg
Head of Media Relations, Director of Group Communication & Press Relations

Mr. Kent Viitanen (Age 57)
Pres of Industrial Region Europe Middle East & Africa

Mr. Patrick Tong (Age 60)
Pres of Industrial Region China & Northeast Asia

Key Competitors

View All Competitors

SKFRY Stock - Frequently Asked Questions

Should I buy or sell AB SKF (publ) stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AB SKF (publ) in the last twelve months. 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" 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 2022?: 12 Wall Street analysts have issued 1-year target prices for AB SKF (publ)'s stock. Their SKFRY share price forecasts range from $123.00 to $250.00. On average, they anticipate the company's stock price to reach $196.00 in the next year. This suggests a possible upside of 1,372.6% 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 2022?: AB SKF (publ)'s stock was trading at $23.79 on January 1st, 2022. Since then, SKFRY shares have decreased by 44.1% and is now trading at $13.31.
View the best growth stocks for 2022 here.
Are investors shorting AB SKF (publ)?: AB SKF (publ) saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 3,100 shares, an increase of 93.8% from the August 31st total of 1,600 shares. Based on an average daily volume of 172,700 shares, the short-interest ratio is currently 0.0 days.
View AB SKF (publ)'s Short Interest.
How were AB SKF (publ)'s earnings last quarter?: AB SKF (publ) (OTCMKTS:SKFRY) announced its earnings results on Wednesday, July, 20th. The industrial products company reported $0.30 EPS for the quarter. The industrial products company had revenue of $2.41 billion for the quarter. AB SKF (publ) had a trailing twelve-month return on equity of 14.26% and a net margin of 6.88%.

Is AB SKF (publ) a good dividend stock?: AB SKF (publ) (OTCMKTS:SKFRY) pays an annual dividend of $0.63 per share and currently has a dividend yield of 4.73%. SKFRY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 43.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SKFRY will have a dividend payout ratio of 42.57% 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 $13.31.
How much money does AB SKF (publ) make?: AB SKF (publ) (OTCMKTS:SKFRY) has a market capitalization of $5.67 billion and generates $9.53 billion in revenue each year. The industrial products company earns $854.79 million in net income (profit) each year or $1.45 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 10/3/2022 by MarketBeat.com Staff

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AB SKF (publ) - SKFRY Stock Forecast, Price & News

AB SKF (publ) MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month