AB SKF (OTCMKTS:SKFRY) – Equities researchers at Jefferies Financial Group issued their FY2018 earnings estimates for shares of AB SKF in a note issued to investors on Tuesday, August 21st. Jefferies Financial Group analyst G. Phillips anticipates that the industrial products company will post earnings of $1.63 per share for the year. Jefferies Financial Group also issued estimates for AB SKF’s FY2019 earnings at $1.79 EPS and FY2020 earnings at $1.91 EPS.
A number of other equities analysts also recently issued reports on the company. Zacks Investment Research upgraded AB SKF from a “sell” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Wednesday, August 1st. ValuEngine upgraded AB SKF from a “sell” rating to a “hold” rating in a report on Thursday, July 26th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $23.00.
Shares of SKFRY stock opened at $19.36 on Thursday. AB SKF has a 52 week low of $17.83 and a 52 week high of $25.34. The firm has a market capitalization of $8.68 billion, a P/E ratio of 13.73, a price-to-earnings-growth ratio of 1.53 and a beta of 0.56. The company has a quick ratio of 1.31, a current ratio of 2.17 and a debt-to-equity ratio of 0.49.
About AB SKF