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OTCMKTS:SKFRY

AB SKF (publ) (SKFRY) Stock Price, News & Analysis

$19.04
-0.99 (-4.94%)
(As of 09/20/2024 ET)

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

Key Stats

Today's Range
$18.97
$19.13
50-Day Range
$17.31
$20.54
52-Week Range
$15.39
$22.95
Volume
14,313 shs
Average Volume
14,529 shs
Market Capitalization
$8.67 billion
P/E Ratio
14.64
Dividend Yield
2.63%
Price Target
N/A
Consensus Rating
Hold

Company Overview

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products. It also provides application engineering services consisting of technical consultancy, numerical simulation and design, and root cause analysis; asset management services, such as assessment and benchmarking, maintenance strategy review, spare parts and inventory management, and lubrication management; condition-based maintenance, including vibration analysis and diagnostics, thermography, lubrication analysis, and condition monitoring system installation; mechanical maintenance comprising mounting and dismounting, precision alignment, and balancing; remanufacturing and customization; and training solutions, which include instructor-led training, e-learning courses, and webinar recordings. The company serves the aerospace, agriculture, automotive, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing, ocean energy, pulp and paper, railways, and wind industries. AB SKF (publ) was incorporated in 1907 and is headquartered in Gothenburg, Sweden.

AB SKF (publ) Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 45th Percentile

AB SKF (publ) scored higher than 45% 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 AB SKF (publ) are expected to grow by 13.64% in the coming year, from $1.54 to $1.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AB SKF (publ) is 14.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AB SKF (publ) is 14.64, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.57.

  • Price to Earnings Growth Ratio

    AB SKF (publ) has a PEG Ratio of 1.14. 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 1.51. 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 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 0.7, 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 839.13%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    AB SKF (publ) pays a meaningful dividend of 2.69%, higher than the bottom 25% of all stocks that pay dividends.

  • 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 38.46%. 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 28.57% next year. This indicates that AB SKF (publ) will be able to sustain or increase its dividend.

  • Read more about AB SKF (publ)'s dividend.
  • 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 0.7, 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 839.13%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    AB SKF (publ) has a news sentiment score of 0.33. 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 0.66 average news sentiment score of Industrial Products companies.
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SKFRY Stock News Headlines

SKF announces changes to Group Management
How the US Will Win the Great Lithium Race
China spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but it processes 70-80%. Now the US is coming over the top by investing $700B+ into domestic supply with the IRA and Bi-partisan Infrastructure Bill.
AB SKF (publ) (SKFD.F)
Svenska Kullagerfabriken SKF B earnings preview: what to expect
See More Headlines

SKFRY Stock Analysis - Frequently Asked Questions

AB SKF (publ)'s stock was trading at $20.0440 at the start of the year. Since then, SKFRY stock has decreased by 5.0% and is now trading at $19.0360.
View the best growth stocks for 2024 here
.

AB SKF (publ) (OTCMKTS:SKFRY) issued its earnings results on Thursday, July, 18th. The industrial products company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.08. The industrial products company earned $2.40 billion during the quarter, compared to the consensus estimate of $2.44 billion. AB SKF (publ) had a net margin of 5.68% and a trailing twelve-month return on equity of 14.38%.

Shares of SKFRY 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
7/18/2024
Today
9/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Ball & roller bearings
Sub-Industry
N/A
Current Symbol
OTCMKTS:SKFRY
CIK
N/A
Employees
47,724
Year Founded
N/A

Profitability

Net Income
$602.87 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$9.79 billion
Cash Flow
$2.39 per share
Book Value
$12.57 per share

Miscellaneous

Free Float
N/A
Market Cap
$8.67 billion
Optionable
Not Optionable
Beta
1.22
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This page (OTCMKTS:SKFRY) was last updated on 9/20/2024 by MarketBeat.com Staff
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