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

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AB SKF (publ) in the last twelve months. There are currently 3 sell ratings, 3 hold ratings and 6 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.
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12 brokers have issued 1 year price objectives for AB SKF (publ)'s shares. Their SKFRY share price forecasts range from $130.00 to $250.00. On average, they expect the company's share price to reach $205.13 in the next twelve months. This suggests a possible upside of 1,149.2% from the stock's current price.
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AB SKF (publ)'s stock was trading at $23.79 at the beginning of the year. Since then, SKFRY stock has decreased by 31.0% and is now trading at $16.42.
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AB SKF (publ) saw a increase in short interest in July. As of July 31st, there was short interest totaling 15,800 shares, an increase of 587.0% from the July 15th total of 2,300 shares. Based on an average trading volume of 120,000 shares, the days-to-cover ratio is presently 0.1 days.
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AB SKF (publ) (OTCMKTS:SKFRY) announced its quarterly earnings data on Monday, October, 25th. The industrial products company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.05. The industrial products company had revenue of $2.33 billion for the quarter. AB SKF (publ) had a net margin of 6.88% and a trailing twelve-month return on equity of 14.26%.

AB SKF (publ) (OTCMKTS:SKFRY) pays an annual dividend of $0.63 per share and currently has a dividend yield of 3.80%. 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 37.28% next year. This indicates that the company will be able to sustain or increase its dividend.

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

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.
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One share of SKFRY stock can currently be purchased for approximately $16.42.

AB SKF (publ) (OTCMKTS:SKFRY) has a market capitalization of $6.99 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.

The company employs 42,602 workers across the globe.

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.