Saab (OTCMKTS:SAABY) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Saab (OTCMKTS:SAABY) from a strong sell rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

A number of other equities research analysts also recently weighed in on SAABY. Citigroup raised Saab from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Pareto Securities upgraded Saab from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold”.

Saab Trading Up 1.8%

OTCMKTS SAABY opened at $30.16 on Monday. Saab has a 1-year low of $23.29 and a 1-year high of $40.77. The company has a current ratio of 1.28, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $32.29 billion, a PE ratio of 43.08 and a beta of -0.09. The firm’s fifty day simple moving average is $27.80 and its 200-day simple moving average is $32.34.

Saab (OTCMKTS:SAABY) last released its quarterly earnings data on Friday, July 17th. The company reported $0.21 earnings per share (EPS) for the quarter. The firm had revenue of $2.72 billion during the quarter. Saab had a return on equity of 16.59% and a net margin of 8.05%.

Saab Company Profile

Saab AB is a Sweden-based aerospace and defense company that develops, manufactures and supplies products, services and solutions for military and civil security markets. Founded in 1937 as an aircraft manufacturer, the company has diversified into areas including combat aircraft, airborne surveillance, radar and sensor systems, missiles and weapons, naval vessels and underwater systems, as well as command-and-control, training and simulation and cybersecurity solutions.

In aeronautics, Saab is best known for its Gripen family of multi-role fighter aircraft and for airborne surveillance solutions that integrate radars and sensors.