Siemens AG (OTCMKTS:SIEGY) Given Average Recommendation of “Hold” by Analysts

Siemens AG (OTCMKTS:SIEGY) has earned an average rating of “Hold” from the eleven research firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have issued a buy recommendation on the company.

SIEGY has been the subject of several analyst reports. Citigroup reissued a “buy” rating on shares of Siemens in a research note on Friday, February 13th. Barclays reissued an “underweight” rating on shares of Siemens in a report on Wednesday, December 3rd. Evercore began coverage on shares of Siemens in a research note on Monday, December 15th. They issued an “outperform” rating on the stock. Zacks Research upgraded Siemens from a “strong sell” rating to a “hold” rating in a report on Thursday, January 15th. Finally, Kepler Capital Markets lowered shares of Siemens from a “hold” rating to a “reduce” rating in a research report on Tuesday, January 27th.

Siemens Trading Up 2.1%

Shares of OTCMKTS:SIEGY opened at $144.37 on Friday. The firm has a market capitalization of $230.98 billion, a P/E ratio of 25.54 and a beta of 1.25. Siemens has a 12-month low of $94.55 and a 12-month high of $161.80. The firm has a fifty day moving average of $146.46 and a two-hundred day moving average of $140.07. The company has a quick ratio of 1.15, a current ratio of 1.37 and a debt-to-equity ratio of 0.66.

Siemens (OTCMKTS:SIEGY) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.23. The company had revenue of $22.70 billion for the quarter, compared to analyst estimates of $18.95 billion. Siemens had a net margin of 9.93% and a return on equity of 12.37%. On average, equities analysts expect that Siemens will post 6.59 EPS for the current fiscal year.

Siemens Company Profile

Siemens AG is a German multinational conglomerate headquartered in Munich that develops and sells infrastructure and industrial technology. The company’s activities cover a broad range of engineering and technology solutions, including industrial automation and control systems, software for product lifecycle and factory automation, building and energy management systems, and transportation solutions such as rolling stock and rail signaling. Siemens serves industrial, commercial and public-sector customers with products and turnkey systems as well as lifecycle services and digital solutions.

Siemens operates through multiple business units that emphasize digitalization, electrification and automation across industries.