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

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.

Key Stats

• Today's Range: $19.38 to $19.57
• 50-Day Range: $19.28 to $22.50
• 52-Week Range: $16.61 to $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

Sandvik AB (publ) Stock Analysis - 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.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Sandvik AB (publ).

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 15.45%

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.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

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

• Score: 2.5 / 5
• Dividend Strength: Moderate

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

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 and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.06

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.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sandvik AB (publ) insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.74% of the stock of Sandvik AB (publ) is held by institutions.

SDVKY Stock Analysis - Frequently Asked Questions

How have SDVKY shares performed this year?

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.

How were Sandvik AB (publ)'s earnings last quarter?

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%.

Does Sandvik AB (publ) have any subsidiaries?

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

Who are Sandvik AB (publ)'s major shareholders?

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

How do I buy shares of Sandvik AB (publ)?

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

• Stock Exchange: OTCMKTS
• Sector: Industrial Products
• Industry: Private households
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:SDVKY
• CUSIP: N/A
• CIK: N/A
• Web: www.home.sandvik
• Phone: (468) 456-1100
• Fax: 46-2626-1043
• Employees: 40,877
• Year Founded: 1862

Profitability

• EPS (Most Recent Fiscal Year): $0.96
• Trailing P/E Ratio: 21.00
• Forward P/E Ratio: 15.88
• P/E Growth: 3.19
• Net Income: $1.44 billion
• Net Margins: 9.93%
• Pretax Margin: 13.67%
• Return on Equity: 16.56%
• Return on Assets: 8.31%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 1.58
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $11.93 billion
• Price / Sales: 2.05
• Cash Flow: $1.74 per share
• Price / Cash Flow: 11.25
• Book Value: $6.59 per share
• Price / Book: 2.96

Miscellaneous

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