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

Sandvik AB (publ) (OTCMKTS:SDVKY) will likely be issuing its quarterly earnings data on Monday, April 28th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $31.00 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Sandvik AB (publ) (OTCMKTS:SDVKY) last issued its quarterly earnings data on Wednesday, April 16th. The industrial products company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). Sandvik AB (publ) had a return on equity of 16.07% and a net margin of 9.92%. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $30.25 billion. 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) Stock Performance

OTCMKTS:SDVKY opened at $19.55 on Monday. The stock has a market capitalization of $24.52 billion, a P/E ratio of 21.02, a price-to-earnings-growth ratio of 1.00 and a beta of 1.48. The company has a current ratio of 1.79, a quick ratio of 0.94 and a debt-to-equity ratio of 0.42. Sandvik AB has a 1 year low of $16.94 and a 1 year high of $23.47. The firm has a 50 day moving average of $21.36 and a 200-day moving average of $20.07.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded Sandvik AB (publ) from an “underperform” rating to a “market perform” rating in a research report on Monday, January 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company 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.