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

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AB SKF (publ) in the last twelve months. There are currently 6 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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.

11 brokerages have issued 1-year price targets for AB SKF (publ)'s stock. Their SKFRY share price forecasts range from $115.00 to $205.00. On average, they expect the company's stock price to reach $152.14 in the next twelve months. This suggests a possible upside of 714.5% from the stock's current price.
View analysts price targets for SKFRY or view top-rated stocks among Wall Street analysts.

AB SKF (publ)'s stock was trading at $15.2550 at the beginning of the year. Since then, SKFRY shares have increased by 22.4% and is now trading at $18.6790.
View the best growth stocks for 2023 here.

AB SKF (publ) saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 9,700 shares, an increase of 70.2% from the February 28th total of 5,700 shares. Based on an average daily volume of 28,600 shares, the short-interest ratio is presently 0.3 days.
View AB SKF (publ)'s Short Interest.

AB SKF (publ) (OTCMKTS:SKFRY) posted its earnings results on Thursday, February, 2nd. The industrial products company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.34 by $0.06. The industrial products company earned $2.37 billion during the quarter. AB SKF (publ) had a net margin of 4.69% and a trailing twelve-month return on equity of 11.71%.

AB SKF (publ) (OTCMKTS:SKFRY) pays an annual dividend of $0.57 per share and currently has a dividend yield of 3.11%. The dividend payout ratio is 57.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SKFRY will have a dividend payout ratio of 38.00% 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.
Compare Top Brokerages Here.

One share of SKFRY stock can currently be purchased for approximately $18.68.

AB SKF (publ) (OTCMKTS:SKFRY) has a market capitalization of $7.96 billion and generates $9.61 billion in revenue each year. The industrial products company earns $442.88 million in net income (profit) each year or $0.99 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.