Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Cut to “Hold” at Wall Street Zen

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

Separately, Royal Bank of Canada lowered Siemens Aktiengesellschaft from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, March 19th. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Siemens Aktiengesellschaft Trading Up 4.0%

OTCMKTS SIEGY opened at $125.49 on Wednesday. The firm has a market capitalization of $200.78 billion, a P/E ratio of 19.28, a PEG ratio of 3.27 and a beta of 1.22. The business has a fifty day simple moving average of $114.91 and a 200 day simple moving average of $109.28. Siemens Aktiengesellschaft has a 12 month low of $83.64 and a 12 month high of $131.87. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last released its quarterly earnings results on Thursday, May 15th. The technology company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.22. The business had revenue of $22.15 billion during the quarter, compared to analyst estimates of $19.28 billion. Siemens Aktiengesellschaft had a return on equity of 13.82% and a net margin of 12.41%. On average, analysts predict that Siemens Aktiengesellschaft will post 6.59 EPS for the current fiscal year.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.