AB SKF (OTCMKTS:SKFRY) Receives Average Recommendation of “Sell” from Analysts

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AB SKF (OTCMKTS:SKFRY) has received an average recommendation of “Sell” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company.

Several brokerages have recently issued reports on SKFRY. Zacks Investment Research raised AB SKF from a “sell” rating to a “hold” rating in a research report on Wednesday, June 5th. ValuEngine downgraded AB SKF from a “hold” rating to a “sell” rating in a research report on Tuesday, May 7th. BNP Paribas raised AB SKF from an “underperform” rating to a “neutral” rating in a research report on Wednesday, April 10th. Finally, Deutsche Bank downgraded AB SKF from a “buy” rating to a “hold” rating in a research report on Thursday, April 4th.

AB SKF stock traded down $0.21 during mid-day trading on Monday, hitting $16.46. 7,180 shares of the company’s stock were exchanged, compared to its average volume of 32,770. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.38 and a current ratio of 2.21. The firm has a market capitalization of $7.50 billion, a PE ratio of 8.95, a P/E/G ratio of 4.25 and a beta of 1.01. AB SKF has a 1-year low of $13.78 and a 1-year high of $20.66. The business has a 50 day moving average price of $16.77.

AB SKF (OTCMKTS:SKFRY) last posted its earnings results on Thursday, April 25th. The industrial products company reported $0.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.04. The firm had revenue of $2.32 billion for the quarter. AB SKF had a net margin of 8.43% and a return on equity of 21.25%. Analysts expect that AB SKF will post 1.42 EPS for the current fiscal 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.

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Analyst Recommendations for AB SKF (OTCMKTS:SKFRY)

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