Previous close | 171.55 |
Open | 173.50 |
Bid | 179.55 x 0 |
Ask | 179.60 x 0 |
Day's range | 172.90 - 179.80 |
52-week range | 142.00 - 217.50 |
Volume | |
Avg. volume | 1,534,741 |
Market cap | 81.807B |
Beta (5Y monthly) | 1.13 |
PE ratio (TTM) | 17.98 |
EPS (TTM) | 9.99 |
Earnings date | 19 Jul 2023 |
Forward dividend & yield | 7.00 (3.94%) |
Ex-dividend date | 24 Mar 2023 |
1y target est | 193.65 |
SKFRY vs. ESAB: Which Stock Is the Better Value Option?
SKFRY vs. ESAB: Which Stock Is the Better Value Option?
AB SKF (SKFRY) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
AB SKF (SKFRY) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
AB SKF (SKFRY) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Sweden's SKF said on Thursday that "exceptional" cost inflation had peaked and been fully offset as the world's biggest maker of industrial bearings reported higher underlying fourth-quarter earnings, lifting its shares. For the first time in well over a year, SKF's pricing fully compensated for the cost surge coursing through the economy and CEO Rickard Gustafson said inflationary pressures, while still a challenge, had finally begun to moderate. Still, markets are expected to remain volatile and the company said it expected mid-single-digit like-for-like sales growth in the first quarter and for the full year, representing a slowdown from a rise of 9.7% for the fourth quarter.
SKFRY, BSBR and GNTX have been added to the Zacks Rank #5 (Strong Sell) List on December 8, 2022.
(Reuters) -Swedish bearings maker SKF said on Thursday it was looking at the ownership of its aerospace business, amid ongoing consolidation in the industry, in a strategic review. In a statement ahead of its capital markets day, SKF confirmed reports of the review of the aerospace business, which brokerage Berenberg said accounts for around 5% of group sales. Chief Executive Rickard Gustafson said that SKF was unable to commit to a time frame for the review, but said it could reveal areas of "significant shareholder value".
SKFRY, ABST and CCO have been added to the Zacks Rank #5 (Strong Sell) List on December 5, 2022.
SKFRY, ATY and ARCE have been added to the Zacks Rank #5 (Strong Sell) List on November 14, 2022.
ARNC, ARCE and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on November 8, 2022.
STOCKHOLM (Reuters) -SKF, the world's biggest maker of industrial bearings, posted on Tuesday a bigger drop than expected in third-quarter core earnings despite strong sales growth, as soaring cost inflation in Europe squeezed margins. SKF has, like other global manufacturers, suffered from cost inflation, the energy crisis as well as supply chain issues in the past few quarters. The company, whose rivals include Germany's Schaeffler, said costs were up 2.9 billion crowns from a year earlier.
SKFRY, ACN, and DLA have been added to the Zacks Rank #5 (Strong Sell) List on October 21, 2022.
ACH, AOS, and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on October 18, 2022.
AHCHY, AJRD, and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on September 19, 2022.
ALCO, COHR, and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on September 14, 2022.
NHYDY vs. SKFRY: Which Stock Is the Better Value Option?
Swedish activist investor Cevian Capital said on Friday it now holds a 5.1% stake in SKF, the world's biggest maker of industrial bearings, and argued that the company's stock was undervalued. "SKF is a Swedish industrial gem with a strong core business," Cevian co-founder Christer Gardell said in a statement. Gardell said Cevian supported SKF's strategy, adding that the key to unlocking the company's potential was to execute its current plans.
CRSR, APPF, and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on August 24, 2022.
STOCKHOLM (Reuters) -Sweden's SKF, the world's biggest maker of industrial bearings, reported quarterly earnings below market expectations on Wednesday but retained its outlook for like-for-like sales growth this year amid volatile demand. Like many global manufacturers, SKF has been hit by industry-wide supply chain issues and cost inflation which it has sought to mitigate by raising prices and cutting spending. Second-quarter adjusted operating earnings fell to 2.47 billion Swedish crowns ($241.58 million) from 3.12 billion a year earlier, lagging the 2.73 billion mean analysts' forecast according to Refinitiv estimates.