Free Trial
OTCMKTS:SDVKY

Sandvik AB (publ) (SDVKY) Stock Price, News & Analysis

Sandvik AB (publ) logo
$19.53
-0.33 (-1.66%)
(As of 10/31/2024 ET)

About Sandvik AB (publ) Stock (OTCMKTS:SDVKY)

Key Stats

Today's Range
$19.38
$19.57
50-Day Range
$19.28
$22.50
52-Week Range
$16.61
$23.50
Volume
43,902 shs
Average Volume
104,496 shs
Market Capitalization
$24.50 billion
P/E Ratio
21.00
Dividend Yield
1.69%
Price Target
N/A
Consensus Rating
Buy

Company Overview

Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. The company offers mining and rock excavation equipment, including drill rigs and bolters, underground loaders and trucks, mechanical cutting equipment, rock tools and rock drills, and mining automation; rock processing equipment, such as crushers, screens, hydraulic breakers, demolition tools, and breaker booms. It also provides metal-cutting tools and tooling systems, and digital solutions and software; metal powder for additive manufacturing, and components made from controlled expansion alloys; and tungsten powders, as well as recycling services of secondary tungsten raw materials. The company serves aerospace, automotive, energy, general engineering, infrastructure, and mining industries. Sandvik AB (publ) was founded in 1862 and is headquartered in Stockholm, Sweden.

Sandvik AB (publ) Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
51st Percentile Overall Score

SDVKY MarketRank™: 

Sandvik AB (publ) scored higher than 51% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Sandvik AB (publ) are expected to grow by 15.45% in the coming year, from $1.23 to $1.42 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sandvik AB (publ) is 21.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Sandvik AB (publ) is 21.00, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.72.

  • Price to Earnings Growth Ratio

    Sandvik AB (publ) has a PEG Ratio of 3.19. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Sandvik AB (publ) has a P/B Ratio of 2.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.00% of the outstanding shares of Sandvik AB (publ) have been sold short.
  • Short Interest Ratio / Days to Cover

    Sandvik AB (publ) has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sandvik AB (publ) has recently increased by 361.11%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Sandvik AB (publ) pays a meaningful dividend of 1.68%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Sandvik AB (publ) does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Sandvik AB (publ) is 34.38%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Sandvik AB (publ) will have a dividend payout ratio of 23.24% next year. This indicates that Sandvik AB (publ) will be able to sustain or increase its dividend.

  • Read more about Sandvik AB (publ)'s dividend.
  • Percentage of Shares Shorted

    0.00% of the outstanding shares of Sandvik AB (publ) have been sold short.
  • Short Interest Ratio / Days to Cover

    Sandvik AB (publ) has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sandvik AB (publ) has recently increased by 361.11%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Sandvik AB (publ) has a news sentiment score of 0.06. 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 0.51 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Sandvik AB (publ) this week, compared to 1 article on an average week.
  • MarketBeat Follows

    6 people have added Sandvik AB (publ) to their MarketBeat watchlist in the last 30 days.
Receive SDVKY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sandvik AB (publ) and its competitors with MarketBeat's FREE daily newsletter.

SDVKY Stock News Headlines

Sandvik AB (0HC0) was downgraded to a Sell Rating at UBS
Sandvik price target lowered to SEK 225 from SEK 238 at Deutsche Bank
Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
Sandvik downgraded to Sell from Neutral at UBS
Sandvik AB (publ) (OTCMKTS:SDVKY) Lowered to "Sell" at UBS Group
Sandvik price target lowered to SEK 250 from SEK 260 at RBC Capital
Sandvik AB (publ) (SDVKF)
Sandvik AB (0HC0) Gets a Buy from RBC Capital
See More Headlines

SDVKY Stock Analysis - Frequently Asked Questions

Sandvik AB (publ)'s stock was trading at $21.68 at the beginning of 2024. Since then, SDVKY shares have decreased by 9.9% and is now trading at $19.53.
View the best growth stocks for 2024 here
.

Sandvik AB (publ) (OTCMKTS:SDVKY) issued its quarterly earnings data on Monday, October, 21st. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by $0.02. The industrial products company earned $2.91 billion during the quarter. Sandvik AB (publ) had a net margin of 9.93% and a trailing twelve-month return on equity of 16.56%.

Sandvik AB (publ) subsidiaries include these companies: Summerill Tube Corporation, Melin Tool Company Inc, Thermaltek LLC, Beam IT, Newtrax, OSK, Artisan, and more.

Top institutional shareholders of Sandvik AB (publ) include GAMMA Investing LLC.

Shares of SDVKY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
10/21/2024
Today
10/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:SDVKY
CIK
N/A
Employees
40,877
Year Founded
1862

Profitability

Net Income
$1.44 billion
Pretax Margin
13.67%

Debt

Sales & Book Value

Annual Sales
$11.93 billion
Cash Flow
$1.74 per share
Book Value
$6.59 per share

Miscellaneous

Outstanding Shares
1,254,386,000
Free Float
N/A
Market Cap
$24.50 billion
Optionable
Not Optionable
Beta
1.49

Social Links

These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

This page (OTCMKTS:SDVKY) was last updated on 10/31/2024 by MarketBeat.com Staff
From Our Partners