Sandvik AB (publ) (SDVKY) to Release Earnings on Monday

Sandvik AB (publ) (OTCMKTS:SDVKY - Get Free Report) is expected to be announcing its earnings results on Monday, April 28th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $31.00 billion for the quarter.

Sandvik AB (publ) (OTCMKTS:SDVKY - Get Free Report) last released its earnings results on Wednesday, April 16th. The industrial products company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by ($0.01). The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $30.25 billion. Sandvik AB (publ) had a return on equity of 16.07% and a net margin of 9.92%. On average, analysts expect Sandvik AB (publ) to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Sandvik AB (publ) Trading Up 1.4 %

SDVKY stock traded up $0.29 during midday trading on Thursday, reaching $20.48. The stock had a trading volume of 103,594 shares, compared to its average volume of 90,461. The company has a quick ratio of 0.94, a current ratio of 1.79 and a debt-to-equity ratio of 0.42. Sandvik AB has a twelve month low of $16.94 and a twelve month high of $23.47. The firm has a market cap of $25.69 billion, a price-to-earnings ratio of 22.02, a PEG ratio of 1.00 and a beta of 1.48. The business has a fifty day simple moving average of $21.24 and a two-hundred day simple moving average of $20.06.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein upgraded shares of Sandvik AB (publ) from an "underperform" rating to a "market perform" rating in a report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Sandvik AB (publ) has a consensus rating of "Moderate Buy".

Sandvik AB (publ) Company Profile

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.