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

AB SKF (OTCMKTS:SKFRY) has been given a consensus rating of “Sell” by the six ratings firms that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company.

Separately, Zacks Investment Research cut AB SKF from a “buy” rating to a “sell” rating in a research note on Tuesday, January 14th.

Shares of OTCMKTS SKFRY traded down $0.22 during trading on Tuesday, hitting $19.19. 6,622 shares of the company were exchanged, compared to its average volume of 7,963. The company has a fifty day moving average price of $20.10 and a 200-day moving average price of $17.91. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.38 and a current ratio of 2.25. The firm has a market capitalization of $8.84 billion, a PE ratio of 12.22, a P/E/G ratio of 14.18 and a beta of 1.15. AB SKF has a 12-month low of $14.73 and a 12-month high of $21.09.

AB SKF (OTCMKTS:SKFRY) last announced its quarterly earnings results on Tuesday, October 22nd. The industrial products company reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $2.19 billion during the quarter. AB SKF had a net margin of 7.74% and a return on equity of 17.97%. Research analysts anticipate that AB SKF will post 1.38 earnings per share 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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