Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Receives Average Recommendation of “Moderate Buy” from Analysts

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

SMNEY has been the subject of a number of research analyst reports. Sanford C. Bernstein initiated coverage on Siemens Energy in a report on Wednesday, January 7th. They set an “outperform” rating for the company. Citigroup restated a “neutral” rating on shares of Siemens Energy in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Siemens Energy in a report on Thursday, January 29th. Zacks Research cut 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%

Siemens Energy stock 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 has a market capitalization of $150.23 billion, a P/E ratio of 71.98 and a beta of 2.06. The stock has a 50-day simple moving average of $175.64 and a 200 day simple moving average of $152.19.

Siemens Energy (OTCMKTS:SMNEY) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $11.95 billion. Analysts expect that Siemens Energy will post 0.24 earnings per share for the current 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.