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

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) has earned an average recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and two have given a strong buy recommendation to the company.

Several brokerages have commented on SMNEY. Sanford C. Bernstein began coverage on Siemens Energy in a report on Wednesday, January 7th. They set an “outperform” rating on the stock. Citigroup reiterated a “neutral” rating on shares of Siemens Energy in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Siemens Energy in a report on Thursday, January 29th. Zacks Research downgraded Siemens Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Finally, UBS Group upgraded Siemens Energy from a “strong sell” rating to a “buy” rating in a report on Friday, January 23rd.

Siemens Energy Trading Up 2.5%

OTCMKTS:SMNEY opened at $175.64 on Wednesday. Siemens Energy has a 52 week low of $50.60 and a 52 week high of $176.73. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.90. The stock’s 50 day moving average price is $175.64 and its 200 day moving average price is $152.86. The company has a market capitalization of $150.23 billion, a P/E ratio of 71.98 and a beta of 2.06.

Siemens Energy (OTCMKTS:SMNEY) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.85 by $0.06. Siemens Energy had a return on equity of 18.48% and a net margin of 4.75%.The company had revenue of $11.26 billion for the quarter, compared to the consensus estimate of $11.95 billion. On average, research analysts forecast that Siemens Energy will post 0.24 EPS for the current fiscal year.

Siemens Energy Company Profile

Siemens Energy AG is a global energy technology company headquartered in Germany that provides equipment, systems and services across the power generation and transmission value chains. Established as an independent public company through a spin-off of Siemens AG’s energy businesses in 2020, Siemens Energy draws on a long industrial heritage to design, manufacture and service technologies used by utilities, industrial customers and the oil and gas sector.

The company’s product and service portfolio includes gas and steam turbines, generators, transformers and high-voltage transmission equipment as well as grid connection and power-conversion systems.