Schneider Electric (SBGSY) Expected to Announce Earnings on Thursday

Schneider Electric (OTCMKTS:SBGSY) is expected to post its resultson Thursday, July 30th. Analysts expect Schneider Electric to announce earnings of $1.01 per share and revenue of $23.8472 billion for the quarter.

Schneider Electric Price Performance

Shares of SBGSY opened at $61.03 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.90 and a current ratio of 1.19. Schneider Electric has a one year low of $48.68 and a one year high of $67.16. The firm has a 50 day simple moving average of $62.60 and a two-hundred day simple moving average of $60.54.

Wall Street Analyst Weigh In

SBGSY has been the subject of several research analyst reports. Erste Group Bank raised Schneider Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday. Berenberg Bank raised shares of Schneider Electric to a “strong-buy” rating in a report on Monday, June 1st. Morgan Stanley reissued an “overweight” rating on shares of Schneider Electric in a research note on Monday, June 29th. Finally, Barclays restated an “overweight” rating on shares of Schneider Electric in a research report on Monday, July 6th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Schneider Electric has a consensus rating of “Buy”.

About Schneider Electric

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.