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Are you looking to buy AB SKF stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy OTC:SKFRY! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about AB SKF stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
AB SKF (publ) provides bearings, seals, condition monitoring, and lubrication systems. The company operates in two segments, Industrial and Automotive. It offers products in various categories, such as rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, industrial seals, automotive seals, lubrication management, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, and vehicle aftermarket products. The company also provides various services, including application engineering, asset management, condition based maintenance, mechanical maintenance, remanufacturing and customization, training, aeroengine, spindle repair and rebuild, electric motor rebuilder, logistics, and pump and gearbox rebuilding. The company offers its solutions for various industries, including aerospace, agriculture, cars and light trucks, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing and cement, ocean energy, oil and gas, pulp and paper, railways, trucks, trailers and buses, two and three wheelers, and wind energy. AB SKF (publ) markets its products directly, as well as through a network of distributors in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1907 and is headquartered in Gothenburg, Sweden.
Average volume
8,596 shs
MARKET CAP
$12.22 billion
Stock exchange
OTCMKTS
Buy this stock!
- Stephen Johnson
- September 5, 2021
- No Comments
How to buy AB SKF stocks?
Below is a quick guide on how to buy OTC:SKFRY stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy AB SKF shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy AB SKF – Search for “”OTC:SKFRY”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought AB SKF stocks with 0% commission!.
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Is AB SKF (publ) a buy right now?
9 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for AB SKF (publ) in the last twelve months. There are currently 4 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “hold” AB SKF (publ) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SKFRY, but not buy additional shares or sell existing shares.
What stocks does BAMagazine like better than AB SKF (publ)?
Wall Street analysts have given AB SKF (publ) a “Hold” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but AB SKF (publ) wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy AB SKF stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing OTC:SKFRY stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy AB SKF stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy AB SKF stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for AB SKF stocks
Now that you’ve funded your eToro account, just type “OTC:SKFRY stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy OTC:SKFRY
All that’s left is to buy some OTC:SKFRY stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, OTC:SKFRY is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy AB SKF stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is AB SKF (publ)’s next earnings date?
AB SKF (publ) is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for AB SKF (publ).
How were AB SKF (publ)’s earnings last quarter?
AB SKF (publ) (OTCMKTS:SKFRY) posted its earnings results on Tuesday, October, 27th. The industrial products company reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.18. The industrial products company earned $2.10 billion during the quarter. AB SKF (publ) had a net margin of 5.01% and a trailing twelve-month return on equity of 15.21%.
View AB SKF (publ)’s earnings history.
How has AB SKF (publ)’s stock price been impacted by COVID-19?
AB SKF (publ)’s stock was trading at $15.13 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SKFRY shares have increased by 77.3% and is now trading at $26.83.
Is AB SKF (publ) a good dividend stock?
AB SKF (publ) pays an annual dividend of $0.25 per share and currently has a dividend yield of 0.93%. The dividend payout ratio of AB SKF (publ) is 19.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AB SKF (publ) will have a dividend payout ratio of 14.79% next year. This indicates that AB SKF (publ) will be able to sustain or increase its dividend.
View AB SKF (publ)’s dividend history.
Where to Buy AB SKF Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying OTC:SKFRY stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Who are AB SKF (publ)’s key executives?
AB SKF (publ)’s management team includes the following people:
Mr. Alrik Danielson, Pres, CEO & Director (Age 59)
Mr. Niclas Rosenlew, Sr. VP & CFO (Age 49)
Carina van den Berg, Director of Group Controlling & Accounting
Ms. Victoria Van Camp, CTO & Pres of SKF Technology (Age 55)
Mr. Patrik Stenberg, Director of Group Investor Relations & Competitive Intelligence and Head of Investor Relations
Mr. Mathias Lyon, Sr. VP of Group Legal & Gen. Counsel (Age 46)
Mr. Theo Kjellberg, Head of Media Relations, Director of Corp. Communication & Director of Press Relations
Ms. Ann-Sofie Zaks, Sr. VP of HR (Age 45)
Mr. Kent Viitanen, Pres of Bearing Operations (Age 56)
Mr. Patrick Tong, Pres of Industrial Sales Asia (Age 59)
Who are some of AB SKF (publ)’s key competitors?
Some companies that are related to AB SKF (publ) include Eaton (ETN), Roper Technologies (ROP), KONE Oyj (KNYJY), Johnson Controls International (JCI), Cintas (CTAS), Parker-Hannifin (PH), Sandvik (SDVKY), Mitsui & Co., Ltd. (MITSY), Plug Power (PLUG), Ball (BLL), Techtronic Industries (TTNDY), Stanley Black & Decker (SWK), Rockwell Automation (ROK), Kubota (KUBTY) and Komatsu (KMTUY).
View all of SKFRY’s competitors.
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
What is AB SKF (publ)’s stock symbol?
AB SKF (publ) trades on the OTCMKTS under the ticker symbol “SKFRY.”
How do I buy shares of AB SKF (publ)?
Shares of SKFRY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
What is AB SKF (publ)’s stock price today?
One share of SKFRY stock can currently be purchased for approximately $26.83.
How much money does AB SKF (publ) make?
AB SKF (publ) has a market capitalization of $12.22 billion and generates $9.10 billion in revenue each year. The industrial products company earns $587.93 million in net income (profit) each year or $1.29 on an earnings per share basis.
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How many employees does AB SKF (publ) have?
AB SKF (publ) employs 41,174 workers across the globe.
What is AB SKF (publ)’s official website?
The official website for AB SKF (publ) is www.skf.com.
Where are AB SKF (publ)’s headquarters?
AB SKF (publ) is headquartered at SE-415 50 HORNSGATEN 1, GOTHENBURG V7, 415 50.
How can I contact AB SKF (publ)?
AB SKF (publ)’s mailing address is SE-415 50 HORNSGATEN 1, GOTHENBURG V7, 415 50. The industrial products company can be reached via phone at 46-3-133-710-00 or via email at patrik.stenberg@skf.com
Stock Analysis disclaimer
At reportlab we want to help you with a detailed stock analysis, we want to remind you that the data provided on this website is not necessarily entirely current or accurate. The data and quotes on the website are not always provided by a market or exchange, but may also come from market makers. Therefore, the quotes may not be accurate and may differ from the actual price on a market. They are indicative quotes and are not suitable for trading purposes.
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Frequently asked questions
How to buy AB SKF stock?
The safest and easiest way to buy OTC:SKFRY stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy AB SKF stock?
You will first want to find a licensed broker that supports OTC:SKFRY stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading OTC:SKFRY stocks in a safe and complete environment.
Is OTC:SKFRY stock a good investment?
As with any other asset, there is an element of risk associated with buying OTC:SKFRY stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is AB SKF stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with OTC:SKFRY is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in AB SKF stock.
How do you trade AB SKF stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for AB SKF stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on OTC:SKFRY stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell AB SKF stock?
To sell your OTC:SKFRY stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best AB SKF stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading OTC:SKFRY stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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