Schaeffler Ag Forecasted to Post FY2020 Earnings of $2.30 Per Share (OTCMKTS:SCFLF)

Schaeffler Ag (OTCMKTS:SCFLF) – Stock analysts at Jefferies Group boosted their FY2020 EPS estimates for shares of Schaeffler in a note issued to investors on Monday, March 12th, Zacks Investment Research reports. Jefferies Group analyst A. Kurian now anticipates that the company will post earnings per share of $2.30 for the year, up from their prior estimate of $2.28.

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Separately, Zacks Investment Research lowered shares of Schaeffler from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th.

Shares of SCFLF opened at $16.20 on Wednesday. The stock has a market capitalization of $2,689.20 and a PE ratio of 11.33. Schaeffler has a fifty-two week low of $15.85 and a fifty-two week high of $20.25.

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Schaeffler Company Profile

Schaeffler AG manufactures and sells precision components and systems for automotive and industrial industries in Germany and internationally. Its Automotive segment offers components and systems for engines, such as rolling bearing solutions, products for belt and chain drives, valve train components, and systems for variable valve trains; transmissions, including torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, bearing solutions, and synchronizing and gearshift components; and chassis components comprising wheel bearings, bearing solutions, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems.

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