Siemens Energy (SMNEY) Projected to Post Earnings on Wednesday

Siemens Energy (OTCMKTS:SMNEY) is anticipated to announce its results before the market opens on Wednesday, February 11th. Analysts expect the company to announce earnings of $0.85 per share and revenue of $11.9478 billion for the quarter.

Siemens Energy Trading Up 2.5%

OTCMKTS SMNEY opened at $175.64 on Wednesday. Siemens Energy has a one year low of $50.60 and a one year high of $176.73. The firm has a market cap of $150.23 billion, a PE ratio of 99.23 and a beta of 1.97. The firm’s fifty day moving average is $147.99 and its two-hundred day moving average is $127.51. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.90.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. UBS Group raised Siemens Energy from a “strong sell” rating to a “buy” rating in a research report on Friday, January 23rd. Jefferies Financial Group upgraded Siemens Energy from a “hold” rating to a “buy” rating in a research note on Sunday, November 9th. Morgan Stanley reiterated an “overweight” rating on shares of Siemens Energy in a research report on Monday, December 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Siemens Energy in a research note on Friday, November 21st. Finally, Rothschild Redb cut shares of Siemens Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 15th. Three research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Siemens Energy presently has an average rating of “Buy”.

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.