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ab skf (otcmkts:skfry) raised to hold at zacks investment research-凯时国际官网

22 jan,2018

ab skf (otcmkts:skfry) was upgraded by zacks investment research from a “sell” rating to a “hold” rating in a research report issued on friday, january 5th.

according to zacks, “skf ab engages in the manufacturing of ball and roller bearings, seals, tools for mounting/dismounting bearings, lubricants and measuring/monitoring instruments. it also produces roller bearing steel and other special steels. the company operates in three divisions: industrial division, service division and automotive division. it also offers products and knowledge-based services comprising hardware and software, consulting, mechanical services, predictive and preventive maintenance, condition monitoring, decision-support systems and performance-based contracts. skf ab is headquartered in gothenburg, sweden. “

other equities analysts have also issued reports about the stock. valuengine raised shares of ab skf from a “hold” rating to a “buy” rating in a research report on sunday, december 31st. jpmorgan chase & co. lowered shares of ab skf from a “neutral” rating to an “underweight” rating in a research report on friday, december 8th.

ab skf (otcmkts skfry) opened at $24.87 on friday. the company has a current ratio of 2.32, a quick ratio of 1.37 and a debt-to-equity ratio of 0.64. ab skf has a 1-year low of $18.74 and a 1-year high of $24.80. the company has a market cap of $11,290.40, a price-to-earnings ratio of 22.01, a p/e/g ratio of 1.16 and a beta of 0.37.

ab skf (otcmkts:skfry) last posted its quarterly earnings results on tuesday, october 31st. the industrial products company reported $0.28 earnings per share (eps) for the quarter. ab skf had a net margin of 5.81% and a return on equity of 16.06%. analysts forecast that ab skf will post 1.32 eps for the current fiscal year.

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