AB SKF (OTCMKTS:SKFRY) has earned an average rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company.

A number of research analysts have recently commented on the stock. ValuEnginecut shares of AB SKF from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. Zacks Investment Research upgraded shares of AB SKF from a “sell” rating to a “buy” rating and set a $23.00 price target on the stock in a report on Wednesday, August 1st. Barclays cut shares of AB SKF to a “sell” rating in a report on Wednesday, October 3rd. Finally, Jefferies Financial Group cut shares of AB SKF from a “buy” rating to a “hold” rating in a report on Friday.

AB SKF stock traded down $0.16 during mid-day trading on Thursday, reaching $15.35. 11,647 shares of the company’s stock traded hands, compared to its average volume of 42,052. The company has a market cap of $6.99 billion, a price-to-earnings ratio of 10.89, a PEG ratio of 1.33 and a beta of 0.77. The company has a quick ratio of 1.33, a current ratio of 2.25 and a debt-to-equity ratio of 0.51. AB SKF has a 12-month low of $14.92 and a 12-month high of $25.34.

AB SKF (OTCMKTS:SKFRY) last announced its earnings results on Thursday, October 25th. The industrial products company reported $0.37 earnings per share for the quarter. AB SKF had a net margin of 8.42% and a return on equity of 21.91%. The business had revenue of $2.38 billion for the quarter. On average, equities research analysts anticipate that AB SKF will post 1.6 earnings per share for the current fiscal year.

About AB SKF

AB SKF (publ) offers bearings, seals, mechatronics, 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; linear motion systems; actuation systems, screws, and linear guides and tables; 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 steering and suspension products, as well as tools and lubricants.