FY2018 EPS Estimates for SSAB Svenskt Stal AB (SSAAY) Reduced by Analyst

SSAB Svenskt Stal AB (OTCMKTS:SSAAY) – Investment analysts at Jefferies Group lowered their FY2018 EPS estimates for SSAB Svenskt Stal in a research note issued on Tuesday. Jefferies Group analyst S. Rosenfeld now expects that the basic materials company will post earnings of $0.17 per share for the year, down from their previous forecast of $0.18.

Separately, Zacks Investment Research lowered shares of SSAB Svenskt Stal from a “hold” rating to a “sell” rating in a report on Friday.

Shares of SSAB Svenskt Stal (SSAAY) remained flat at $$2.96 on Thursday. The stock has a market capitalization of $1,800.00, a P/E ratio of 26.90 and a beta of 1.82. SSAB Svenskt Stal has a 12-month low of $1.71 and a 12-month high of $3.61. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.66.

ILLEGAL ACTIVITY NOTICE: This report was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.com-unik.info/2018/01/12/fy2018-eps-estimates-for-ssab-svenskt-stal-ab-ssaay-reduced-by-analyst.html.

SSAB Svenskt Stal Company Profile

SSAB AB produces and sells steel products in Sweden and internationally. It operates in five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The company offers wear steels for maximum payload and service life; structural steel; prehardened tool steel; and protection plates.

Receive News & Ratings for SSAB Svenskt Stal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSAB Svenskt Stal and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit