- SSAB’s sales for the third quarter reached SEK 24.37 billion, closely aligning with the estimate of SEK 24.44 billion.
- The company’s operating profit for the same period was SEK 1.25 billion.
- Analyst recommendations for SSAB currently include 8 buy ratings, 9 hold ratings, and 2 sell ratings.
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A look at SSAB AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SSAB AB, a company specializing in manufacturing sheet and plate steel, has received promising Smartkarma Smart Scores indicating a positive outlook for the future. With a top score in both Value and Dividend factors, SSAB demonstrates strength in these key areas. Additionally, scoring well in Growth and Resilience reflects the company’s potential for expansion and ability to withstand challenges. Although the Momentum score is slightly lower, the overall outlook for SSAB AB appears solid based on the Smart Scores analysis.
SSAB AB manufactures a range of steel products including hot-rolled, cold-rolled, and organic-coated steel sheet, catering to industries such as automotive, engineering, and construction. The company’s top scores in Value and Dividend, along with respectable scores in Growth and Resilience, suggest a positive long-term outlook for SSAB AB, reinforcing its position in the market and potential for continued success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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