Schaeffler AG operates as a holding company. The company is headquartered in Herzogenaurach, Bayern and currently employs 112,858 full-time employees. The company went IPO on 2015-10-09. The Company’s activities are divided into three segments: Automotive Technologies (AT), Automotive aftermarket and Industrial. The AT has four business divisions (BD): E-mobility and chassis BD develops and manufactures mechanical and mechatronic, electrical components and systems for powertrains, offers solutions for hybrid and all electrical vehicles, for steering and other chassis applications respectively ; Engine & transmission systems BD produces and develops components and sub systems for engine and transmission applications in passenger and commercial vehicles; bearings BD provides rolling bearing applications and products; Automotive aftermarket is responsible for spare parts, repair and maintenance for engines, transmissions, and others. Industrial segment is for rotary and linear bearing solutions and for sensor-based condition monitoring systems along with hydrogen solutions.
Follow-Up Questions
What is the price performance of SCAFF stock?
The current price of SCAFF is $6.98, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Schaeffler AG?
Schaeffler AG belongs to Auto Components industry and the sector is Consumer Discretionary
What is Schaeffler AG market cap?
Schaeffler AG's current market cap is $6.5B
Is Schaeffler AG a buy, sell, or hold?
According to wall street analysts, 16 analysts have made analyst ratings for Schaeffler AG, including 7 strong buy, 5 buy, 5 hold, 1 sell, and 7 strong sell
