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AB SKF (publ) (OTCMKTS:SKFRY - Get Rating) - Research analysts at Jefferies Financial Group reduced their FY2023 EPS estimates for shares of AB SKF (publ) in a report issued on Tuesday, September 27th. Jefferies Financial Group analyst R. Maidi now forecasts that the industrial products company will post earnings of $1.52 per share for the year, down from their previous estimate of $1.85. Jefferies Financial Group has a "Underperform" rating and a $123.00 price target on the stock. The consensus estimate for AB SKF (publ)'s current full-year earnings is $1.42 per share. Jefferies Financial Group also issued estimates for AB SKF (publ)'s FY2024 earnings at $1.72 EPS and FY2025 earnings at $1.80 EPS.

A number of other research firms have also weighed in on SKFRY. Barclays lowered their price target on shares of AB SKF (publ) from SEK 145 to SEK 130 and set an "underweight" rating on the stock in a research report on Friday, July 1st. Credit Suisse Group dropped their price objective on shares of AB SKF (publ) from SEK 160 to SEK 150 and set an "underperform" rating for the company in a research note on Thursday, July 21st. Finally, Morgan Stanley dropped their price objective on shares of AB SKF (publ) from SEK 215 to SEK 196 in a research note on Friday, July 22nd. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $196.00.AB SKF (publ) Price Performance

Shares of OTCMKTS SKFRY opened at $13.47 on Thursday. AB SKF has a one year low of $12.57 and a one year high of $26.20. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.13 and a current ratio of 2.04. The firm has a fifty day moving average of $15.17 and a 200 day moving average of $16.11. The firm has a market cap of $5.74 billion, a PE ratio of 7.94, a PEG ratio of 2.24 and a beta of 1.33.

AB SKF (publ) (OTCMKTS:SKFRY - Get Rating) last issued its quarterly earnings results on Wednesday, July 20th. The industrial products company reported $0.30 EPS for the quarter. The company had revenue of $2.41 billion during the quarter. AB SKF (publ) had a net margin of 6.88% and a return on equity of 14.26%. AB SKF (publ) Company Profile (Get Rating)

AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, industrial and automotive seals, lubrication management solutions, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, vehicle aftermarket, and waste electric and electronic equipment products.Featured ArticlesGet a free copy of the StockNews.com research report on AB SKF (publ) (SKFRY)A Trio of Q3 Winners With Room to RunThis Little Known Small Cap Is Up 139%: Is The Stock A Buy?Can HCA Healthcare Weather the Normalization? Can United Natural Foods Fight Both Inflation and the Fed?Mullen Automotive Is Ready To Get In Gear

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