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

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.

Key Stats

• Today's Range: $18.67 to $18.79
• 50-Day Range: $17.31 to $20.47
• 52-Week Range: $17.15 to $22.95
• Volume: 37,555 shs
• Average Volume: 34,951 shs
• Market Capitalization: $8.52 billion
• P/E Ratio: 15.98
• Dividend Yield: 2.67%
• Price Target: N/A
• Consensus Rating: Moderate Buy

AB SKF (publ) Stock Analysis - MarketRank™

AB SKF (publ) scored higher than 37% 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 AB SKF (publ).

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.78%

Earnings Growth

Earnings for AB SKF (publ) are expected to grow by 7.78% in the coming year, from $1.67 to $1.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AB SKF (publ) is 15.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of AB SKF (publ) is 15.98, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.75.

Price to Earnings Growth Ratio

AB SKF (publ) has a PEG Ratio of 1.20. 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 1.64. 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

0.01% 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 460.76%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

AB SKF (publ) pays a meaningful dividend of 2.65%, 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 42.74%. 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 27.78% next year. This indicates that AB SKF (publ) will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

0.01% 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 460.76%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Sentiment

AB SKF (publ) has a news sentiment score of -1.00. 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 0.71 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 1 news article for AB SKF (publ) this week, compared to 1 article on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

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

Percentage Held by Institutions

Only 0.05% of the stock of AB SKF (publ) is held by institutions.

SKFRY Stock Analysis - Frequently Asked Questions

How have SKFRY shares performed this year?

AB SKF (publ)'s stock was trading at $20.0440 at the beginning of the year. Since then, SKFRY stock has decreased by 6.7% and is now trading at $18.70.
View the best growth stocks for 2024 here.

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

AB SKF (publ) (OTCMKTS:SKFRY) announced its quarterly earnings results on Wednesday, October, 30th. The industrial products company reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. The industrial products company earned $2.27 billion during the quarter. AB SKF (publ) had a net margin of 5.69% and a trailing twelve-month return on equity of 13.98%.

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

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: 10/30/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Industrial Products
• Industry: Ball & roller bearings
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:SKFRY
• CUSIP: N/A
• CIK: N/A
• Web: www.skf.com
• Phone: (631) 337-1000
• Fax: 46-3-133-728-32
• Employees: 42,641
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.17
• Trailing P/E Ratio: 15.98
• Forward P/E Ratio: 11.20
• P/E Growth: 1.2
• Net Income: $603.05 million
• Net Margins: 5.69%
• Pretax Margin: 8.19%
• Return on Equity: 13.98%
• Return on Assets: 7.01%

Debt

• Debt-to-Equity Ratio: 0.33
• Current Ratio: 2.36
• Quick Ratio: 1.36

Sales & Book Value

• Annual Sales: $9.79 billion
• Price / Sales: 0.87
• Cash Flow: $2.60 per share
• Price / Cash Flow: 7.18
• Book Value: $11.38 per share
• Price / Book: 1.64

Miscellaneous

• Outstanding Shares: 455,350,000
• Free Float: N/A
• Market Cap: $8.52 billion
• Optionable: Not Optionable
• Beta: 1.23