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Concentric AB is a Sweden-based hydraulics technology company active primarily in the heavy vehicles sector. It is engaged in the development, manufacture and marketing of oil pumps, water pumps, fuel pumps and hydraulic systems, and its products are divided into two product lines, namely Engine products and Hydraulic products. Its customers are the manufacturers of trucks, construction equipment, agricultural machinery and general industrial applications. Its products are primarily sold in the United States. The Company's subsidiaries include Licos Trucktec GmbH (Licos), a producer of water pumps and electromagnetic fan clutches for the truck industry, and GKN Sinter Metals de Argentina SA (GKN Pumps), a supplier of engine pumps in South America.
Upcoming Events for COIC
Concentric AB Annual Shareholders Meeting
Q1 2023 Concentric AB Earnings Release
As of Today at 18:05 UTC, shares in Concentric AB are trading at SEK203.50. This share price information is delayed by 15 minutes.
Shares in Concentric AB last closed at SEK203.50 and the price had moved by -26.13% over the past 365 days. In terms of relative price strength the Concentric AB share price has underperformed the FTSE Global All Cap Index by -22.7% over the past year.
The overall consensus recommendation for Concentric AB is Strong Buy. You can view the full broker recommendation list by unlocking its StockReport.
The Concentric AB dividend yield is 1.84% based on the trailing twelve month period.
Last year, Concentric AB paid a total dividend of SEK3.75, and it currently has a trailing dividend yield of 1.84%. We do not have any data on when Concentric AB is to next pay dividends.
We do not have data on when Concentric AB is to next pay dividends. The historic dividend yield on Concentric AB shares is currently 1.84%.
To buy shares in Concentric AB you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of SEK203.50, shares in Concentric AB had a market capitalisation of SEK7.77bn.
Here are the trading details for Concentric AB:
- Country of listing: Sweden
- Exchange: STO
- Ticker Symbol: COIC
Based on an overall assessment of its quality, value and momentum Concentric AB is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Concentric AB is SEK225.00. That is 10.57% above the last closing price of SEK203.50.
Analysts covering Concentric AB currently have a consensus Earnings Per Share (EPS) forecast of SEK13.63 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Concentric AB. Over the past six months, its share price has underperformed the FTSE Global All Cap Index by -2.35%.
As of the last closing price of SEK203.50, shares in Concentric AB were trading +3.49% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Concentric AB PE ratio based on its reported earnings over the past 12 months is 15.65. The shares last closed at SEK203.50.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Concentric AB's management team is headed by:
- Kenth Eriksson - CHM
- David Woolley - PRE
- Marcus Whitehouse - CFO
- Jesse Smith - SVP
- Deborah Clayton - VPR
- Claes Akesson - IND
- Marianne Brismar - IND
- Karin Gunnarsson - IND
- Martin Lundstedt - IND
- Anders Nielsen - IND
- Susanna Schneeberger - IND
- Martin Skold - IND