Sandvik AB (publ) (SDVKY) Projected to Post Quarterly Earnings on Thursday

Sandvik AB (publ) (OTCMKTS:SDVKY) is anticipated to release its earnings data on Thursday, January 23rd. Analysts expect Sandvik AB (publ) to post earnings of $0.30 per share and revenue of $2,900,310.00 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Sandvik AB (publ) (OTCMKTS:SDVKY) last announced its earnings results on Monday, October 21st. The industrial products company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.02). The company had revenue of $2.91 billion for the quarter. Sandvik AB (publ) had a net margin of 9.93% and a return on equity of 16.52%. On average, analysts expect Sandvik AB (publ) to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Sandvik AB (publ) Trading Up 3.2 %

Shares of SDVKY opened at $19.43 on Wednesday. The firm’s 50-day moving average price is $18.47 and its 200-day moving average price is $19.71. The firm has a market capitalization of $24.37 billion, a price-to-earnings ratio of 20.89, a PEG ratio of 2.63 and a beta of 1.46. The company has a current ratio of 1.63, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. Sandvik AB has a 1-year low of $17.76 and a 1-year high of $23.50.

Wall Street Analyst Weigh In

SDVKY has been the subject of a number of recent research reports. Citigroup raised shares of Sandvik AB (publ) to a “strong-buy” rating in a research report on Tuesday, October 15th. Barclays raised shares of Sandvik AB (publ) from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. Sanford C. Bernstein raised shares of Sandvik AB (publ) from an “underperform” rating to a “market perform” rating in a research report on Monday, January 6th. Finally, UBS Group cut shares of Sandvik AB (publ) from a “neutral” rating to a “sell” rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Sandvik AB (publ) presently has a consensus rating of “Moderate Buy”.

Sandvik AB (publ) Company Profile

Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. The company offers mining and rock excavation equipment, including drill rigs and bolters, underground loaders and trucks, mechanical cutting equipment, rock tools and rock drills, and mining automation; rock processing equipment, such as crushers, screens, hydraulic breakers, demolition tools, and breaker booms.