Shares of AB SKF (OTCMKTS:SKFRY) have earned an average rating of “Sell” from the seven ratings firms that are covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a sell rating and two have issued a hold rating on the company.
SKFRY has been the topic of a number of analyst reports. Deutsche Bank cut AB SKF from a “buy” rating to a “hold” rating in a research note on Thursday, April 4th. Zacks Investment Research raised AB SKF from a “sell” rating to a “hold” rating in a research note on Wednesday, April 3rd. ValuEngine raised AB SKF from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. BNP Paribas raised AB SKF from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 10th. Finally, Jefferies Financial Group cut AB SKF from a “hold” rating to an “underperform” rating in a research note on Thursday, January 31st.
Shares of OTCMKTS SKFRY opened at $16.49 on Thursday. The stock has a market cap of $7.47 billion, a P/E ratio of 8.96, a PEG ratio of 4.26 and a beta of 0.90. AB SKF has a 1-year low of $13.78 and a 1-year high of $21.86.
AB SKF (OTCMKTS:SKFRY) last announced its quarterly earnings data on Thursday, April 25th. The industrial products company reported $0.41 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.04. The company had revenue of $2.32 billion for the quarter. AB SKF had a return on equity of 21.25% and a net margin of 8.43%. As a group, research analysts anticipate that AB SKF will post 1.38 earnings per share for the current year.
AB SKF Company Profile
AB SKF (publ) offers bearings, seals, condition monitoring, lubrication systems, and services. It operates in two segments, Industrial and Automotive. The company's products include bearings, units, and housings; seals; lubrication solutions; lubricants; actuation systems, ball and roller screws, linear guides and tables, and engineering tools; magnetic bearings/permanent magnetic electric motors; mechatronic solutions; maintenance products; condition monitoring systems; power transmission products and solutions; coupling systems; test and measurement equipment; and vehicle aftermarket products, such as wheel end, powertrain, driveline, and suspension products.
Further Reading: Return on Equity (ROE)
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