Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Given Average Recommendation of “Buy” by Brokerages

Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) have been assigned an average recommendation of “Buy” from the seven analysts that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have given a buy recommendation and three have given a strong buy recommendation to the company.

A number of research analysts have issued reports on the company. Morgan Stanley reiterated an “overweight” rating on shares of Siemens Energy in a research report on Friday, August 8th. Zacks Research raised Siemens Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 1st. Citigroup reissued a “neutral” rating on shares of Siemens Energy in a research note on Thursday. Berenberg Bank raised Siemens Energy to a “strong-buy” rating in a research note on Thursday. Finally, Hsbc Global Res raised Siemens Energy to a “strong-buy” rating in a research note on Friday, September 5th.

Siemens Energy Stock Performance

Siemens Energy stock opened at $124.68 on Friday. Siemens Energy has a 12-month low of $36.18 and a 12-month high of $128.98. The company has a quick ratio of 0.62, a current ratio of 0.90 and a debt-to-equity ratio of 0.21. The business’s 50-day moving average price is $111.90 and its two-hundred day moving average price is $96.04. The stock has a market cap of $99.66 billion, a PE ratio of 105.66, a P/E/G ratio of 0.65 and a beta of 1.96.

Siemens Energy (OTCMKTS:SMNEY) last released its earnings results on Wednesday, August 6th. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.48. Siemens Energy had a return on equity of 9.57% and a net margin of 2.50%.The firm had revenue of $11.06 billion for the quarter, compared to analysts’ expectations of $10.64 billion. As a group, analysts expect that Siemens Energy will post 0.24 earnings per share for the current fiscal year.

Siemens Energy Company Profile

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.